Retail&Consumer
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...
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.
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...
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.
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.
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.
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...
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...
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...