Retail&Consumer
Mic.ro To File For Bankruptcy, After Sale Talks' Failure
Romanian liquidator RVA Insolvency, court-appointed administrator of retail networks Mic.ro and miniMax, will ask creditors to allow bankruptcy for the two firms, since sale talks failed.
Auchan Buys Real Estate Project On Former Tractorul Platform In Brasov
French group Auchan took over from Flavus Investitii the real estate project developed on the former Tractorul industrial platform in central Romanian city Brasov.
Bigotti Might Return To Calea Victoriei, Bucharest’s Luxury Fashion Street
Men’s fashion retailer Bigotti, controlled by businessmen Ion Olteanu and Emil Rosca, is considering reopening its store on Calea Victoriei in Bucharest, where most fashion brands like Max M...
Europa League Final Expected To Generate EUR30M Revenue For Hotels, Bars, Cab Drivers And Museums In Bucharest
A number of 10,600 rooms in hotels, 11,000 cab drivers, more than 100 restaurants and bars in the old center of Bucharest, museums and dozens of travel agencies bringing foreign soccer fans...
Iftemie, Acer: Anything Past RON2,000 Is Hard To Sell
There is a certain sluggishness on the IT market, because users are very price conscious and also because many resellers do not make any effort to boost sales, says Bogdan Iftemie, Acer Roma...
Kenvelo Head: Romanians Like To Spend Money, Even During Hard Times
There was a time when Kenvelo was leader on the Romanian fashion market, recalls Philippe Besadoux, who has been running Kenvelo’s operations in Romania for almost three years. The market be...
Heineken Romania Gets New Managing Director
Beer maker Heineken Romania will have Onno Rombouts as managing director starting June 1, replacing Jan Derck van Karnebeek who was promoted as regional president of Heineken Central and Eas...
AFI Europe Starts Work On EUR35M Mall In S Romania
Real estate developer AFI Europe will soon start construction on a mall in southern Romanian town Ploiesti, 60 km north of Bucharest, with a completion deadline set for the second half of 20...
Mega Image To Launch 16th Shop&Go Unit
Retailer Mega Image, part of Belgian group Delhaize, will launch Friday its 16th Shop&Go store on the Romanian market, with plans to launch another two such units by the end of April.