Retail&Consumer
Ponta Cabinet Eyes Introducing Simplified VAT Scheme For Small Businesses
Romania’s Finance Minister-designate Florin Georgescu on Monday said the new Cabinet plans to introduce a simplified value added tax scheme for small businesses while a decision regarding a...
Subway Opens Second Restaurant In Romania
U.S. fast food chain Subway opened at the end of last week its first restaurant outside capital city Bucharest and its second in Romania, in shopping center Iulius Mall in Cluj-Napoca, north...
Samsung Romania Expects To Sell Galaxy S III In The Tens Of Thousands
Samsung Galaxy SIII, Samsung ‘s new spearhead in the battle against rivals Apple, Nokia and HTC, will become simultaneously available in the offers of the top three mobile telephony operator...
Sortilemn Builds New EUR9M Plant In Partnership With IKEA
Sortilemn Gherla, one of the biggest Romanian suppliers of Swedish-held IKEA, has started a EUR9 million project to build a coat hanger plant on a 10,000 square meter plot of land.
GO Sport Arrives In Romania To Compete With Decathlon, Hervis And Intersport
The local sports equipment market, which Ziarul Financiar estimates at EUR55 million to EUR60 million, has gained a new player, which will compete against three heavyweights – Decathlon, Her...
Romanian Food Prices Nearly Double On Their Way From Producers To Supermarkets
Food prices in Romania nearly double from the time they leave producers until they reach supermarkets and price hikes occur throughout the supply chain, former agriculture minister Stelian F...
Romania’s Agri-Food Products Trade Deficit Narrows 24% In January, To EUR46.4M
Romania’s agri-food products trade deficit narrowed 24.2% in January, to EUR46.4 million, driven by higher exports outside the European Union, according to data released Friday by the Minist...
INS: Adjusted Retail Sales +4.5% On Year In First Quarter
Romanian adjusted retail sales rose 4.5% in the first quarter of 2012 compared with the year-earlier period, on growing consumption in all sectors, the statistics institute INS said Friday.
Romania Is Among C&A’s Top Manufacturers, Alongside Bangladesh And Pakistan
Clothing retailer C&A, one of the largest players in Europe, manufactures around eight million clothing items under contract in Romania, and then sells them from its European stores.