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Romania Would Be Better Off Exporting Food Instead Of Raw Materials - Agriculture Minister
Retail&Consumer

Romania Would Be Better Off Exporting Food Instead Of Raw Materials - Agriculture Minister

Romania could have a positive trade balance in the farming sector if it exported food products, with added value, instead of raw materials for food products, Agriculture Minister Stelian Fui...

Oana Gavrila · 30.03.2012 · 12:04 · 1 min
Romania’s 2011 Grain Output Up 24.3% On Year, To 20.78 Million Tons
Retail&Consumer

Romania’s 2011 Grain Output Up 24.3% On Year, To 20.78 Million Tons

Romania’s cereal output rose 24.3% in 2011, to 20.78 million tons, compared to 16.71 million tons in 2010, placing the country fifth in the European Union by wheat output and second, after F...

Ecaterina Craciun · 30.03.2012 · 11:25 · 2 min
First Optimistic Signals On Home Appliances Market Expected In 2H
Retail&Consumer

First Optimistic Signals On Home Appliances Market Expected In 2H

Romanians bought fewer refrigerators, washing machines and microwave ovens, yet the large home appliances market went up in value. What could help the market in 2012?

Radu Bostan · 30.03.2012 · 00:00 · 3 min
Philip Cox, The Man Who Makes Wine In Romania For Retailer Tesco
Retail&Consumer

Philip Cox, The Man Who Makes Wine In Romania For Retailer Tesco

Philip Cox is one of the shareholders of Cramele Recas, a winemaker with almost EUR18 million sales last year, who left the UK in the early nineties and indirectly returned via the company h...

Ioana David · 30.03.2012 · 00:00 · 2 min
H&M Posts First Quarter Sales Worth SEK127M In Romania
Retail&Consumer

H&M Posts First Quarter Sales Worth SEK127M In Romania

Fashion retailer H&M posted sales of 127 million Swedish krona (some EUR14.3 million) in Romania between December 2011 and February 2012, the first quarter of fiscal year 2012, according to...

Andrei Cîrchelan · 29.03.2012 · 16:42 · 1 min
Opening Of Mall In Palas Iasi Delayed Until May 31
Real Estate

Opening Of Mall In Palas Iasi Delayed Until May 31

The mall in the Palas Iasi (NE Romania) project, part of an about EUR260 million investment, the largest outside Bucharest, will open on May 31, one month later than previously announced, Iu...

Radu Bostan · 29.03.2012 · 00:00 · 1 min
Labor Costs In Romania Hit EUR314M/Day, From EUR210M In 2000 - HR Director
HR

Labor Costs In Romania Hit EUR314M/Day, From EUR210M In 2000 - HR Director

Labor costs in Romania have reached EUR314 million per workday, from EUR210 million in 2000, Real Hypermarket HR director Valentin Pauna said Wednesday.

Ioana Tudor · 28.03.2012 · 16:29 · 1 min
GfK Romania: Consumer Good Sales Up 5.4% By Value, But Down 1% By Volume In 2011
Retail&Consumer

GfK Romania: Consumer Good Sales Up 5.4% By Value, But Down 1% By Volume In 2011

Sales of consumer goods in Romania rose 5.4%, an increase driven mainly by inflation, as consumption fell nearly 1% by volume in 2011, according to a survey by market research company GfK Ro...

Ecaterina Craciun · 28.03.2012 · 11:46 · 1 min
Private Label Sales Near EUR1.5B
Retail&Consumer

Private Label Sales Near EUR1.5B

The big winners of the local retail market, where price has been the most important factor in buying decisions over the last three years, are the private labels of the major retailers, an al...

Radu Bostan · 28.03.2012 · 00:00 · 2 min