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Promenada Mall Has Billa, Flanco, Intersport, Inditex, C&A and H&M Among Tenants
Real Estate

Promenada Mall Has Billa, Flanco, Intersport, Inditex, C&A and H&M Among Tenants

With construction just begun and delivery scheduled for 18 months from now, the Promenada mall in northern Bucharest has already signed Billa, Flanco, Intersport, Inditex, C&A and H&M among...

Radu Bostan · 23.03.2012 · 00:00 · 2 min
Whirlpool: Market Development Will Depend On Income Evolution
Retail&Consumer

Whirlpool: Market Development Will Depend On Income Evolution

Whirlpool Romania, the local subsidiary of one of the world’s largest home appliances manufacturers, will rely on premium products this year to register the same level of sales as in 2011.

Cristina Roșca · 23.03.2012 · 00:00 · 3 min
Cigarettes In Romania To Cost RON0.15 – RON0.20 More Per Pack From July 1
Retail&Consumer

Cigarettes In Romania To Cost RON0.15 – RON0.20 More Per Pack From July 1

The price of a cigarette pack in Romania will rise by RON0.15-RON0.20 on July 1, while the total excise duty will be increased to EUR79.19 per 1000 cigarettes from the current EUR76.6 per 10...

Ecaterina Craciun · 22.03.2012 · 16:20 · 1 min
Furniture Exports Up 17% YY In 2011, To EUR1.38B
Retail&Consumer

Furniture Exports Up 17% YY In 2011, To EUR1.38B

Furniture exports widened by 17% on the year in 2011, to a record EUR1.38 billion, according to local furniture maker association APMR.

Andrei Cîrchelan · 22.03.2012 · 14:45 · 1 min
Retailer Flanco Expects Sales Of EUR35M During Black Week
Retail&Consumer

Retailer Flanco Expects Sales Of EUR35M During Black Week

Romanian electronics retailer Flanco estimates sales of EUR35 million during its Black Week sales campaign, which started Thursday.

Oana Gavrila · 22.03.2012 · 12:59 · 1 min
Olteanu, Henkel: We Don’t Expect Consumers To Be More Optimistic This Year
Retail&Consumer

Olteanu, Henkel: We Don’t Expect Consumers To Be More Optimistic This Year

Henkel, one of the largest players on the Romanian fast moving consumer goods market, ended last year with a turnover of 543 million lei (EUR123.8 million), down about 3% on the year.

Cristina Roșca · 22.03.2012 · 00:00 · 3 min
Retail&Consumer

Lebanese Investors Return With Pastry Business After Selling Frozen Meat Distributor To Smithfield

The Halawani family, one of the lowest-profile groups of foreign investors in Romania, has decided to export pastry made in a factory in Oltenita, Calarasi County (southern Romania) to marke...

Radu Bostan · 22.03.2012 · 00:00 · 1 min
Coca-Cola HBC Takes GM Away From Danone
HR

Coca-Cola HBC Takes GM Away From Danone

Coca-Cola HBC, the largest player on the Romanian drinks market, recruited Stephane Batoux as general manager for Romania and Moldova, in a surprising move for the fast moving consumer goods...

Radu Bostan · 22.03.2012 · 00:00 · 1 min
Bucharest At Bottom Of DTZ Shopping Center Floor-Space Chart
Real Estate

Bucharest At Bottom Of DTZ Shopping Center Floor-Space Chart

Bucharest’s shopping center floor-space per thousand people stands at 185 square meters, one of the lowest rankings in Europe, after Paris with 141 sqm and Vilnius with 130 sqm, according to...

Andrei Cîrchelan · 21.03.2012 · 17:40 · 1 min