Retail&Consumer
Albalact Sales Rose 29% In 2011 To RON338.2M, Net Profit Up Ten Times
Romanian dairy maker Albalact (ALBZ.RO) on Friday reported a 29% increase in last year sales, which lifted its net profit to RON5.76 million, ten times higher than in 2010.
Furniture Retailer kika Romania Turnover Up 6% In Last Financial Year
The turnover of furniture retailer kika Romania grew 6% in the financial year ended March, and the Austrian parent group expects it will increase by 5% to 10% this year.
More SMEs Needed To Increase Role In Romania’s Economy
The increase in the number of small- and medium-sized enterprises (SMEs) is the only way to make this sector weigh more heavily on Romania's economy, Andreea Paul, representative of SMEs in...
H&M Will Open A Store in Suceava In May
Swedish retailer H&M will open a store in Iulius Mall Suceava, northeastern Romania, in the second half of May, the representatives of the shopping center said Friday.
C&A’s Romanian Sales Double In Fiscal 2011
Clothing retailer C&A, one of the largest in the world, made EUR45 million to EUR50 million in revenue in Romania in the fiscal 2011, double as much as in 2010, according to ZF estimates.
Unirea Rent Down 28% Against 2008 Despite Big Fashion Retailers Joining Ground Floor
At the entrance to Unirea shopping center next to McDonald’s, one of the most popular meeting places for young people in Bucharest, customers continue to flock 5-10 minutes before 10 AM, wai...
Praktiker 1Q Sales In Romania Fell 10.6% To EUR23M
German do-it-yourself retail chain Praktiker registered a 10.6% decrease in net sales in Romania in the first quarter of the year, to EUR23.1 million, the retailer said in its financial repo...
Colliers: Retail Spaces Under Construction In Romania Total 300,000 Sqm
Retail spaces under construction in Romania stretch onto around 300,000 square meters, of which 170,000 sqm are to be delivered until the end of the year, real estate advisors Colliers said...
Stores In Piata Romana And AFI Cotroceni Bring Stefanel Back To Growth
Stefanel Romania manager Carlo Stefanel believes Romania is close to leaving the crisis behind and that the face of local retail will change, with free-standing stores to win the fight with...