Retail&Consumer
Hotel Owners Don’t Want Foreign Tourists Because They Are Fastidious, Demand Lower Tariffs
Hotel owners on the Romanian Black Sea coast don’t want foreign tourists as they ask for 30% to 50% lower tariffs, better services and employees that speak many languages.
Romanians Bought 1.7 Billion Liters Of Beer In 2011
Beer sales cumulated some 17 million hectoliters last year in Romania, the same as in 2010, according to data presented Wednesday in a news conference by beer maker association Berarii Roman...
Peek&Cloppenburg To Launch Second Romanian Store
High-end German retailer Peek&Cloppenburg (P&C) will launch its second Romanian store next week, within the Maritimo Shopping Center of seaside city Constanta.
Bunge In Talks With Prio Foods Over Vegetable Oil Plant
U.S. food conglomerate Bunge is in advanced talks with food products maker Prio Foods to take over the latter’s vegetable oil plant located in Lehliu Gara (southern Romania).
Armonia Mall To Be Auctioned Off Starting At EUR25M
Bankrupt mall Armonia, in eastern Romanian town Braila, will be auctioned off in April, with a starting price of EUR25.03 million, as creditor Volksbank hopes to recover some of the EUR28 mi...
Metro Cash&Carry Romania 2011 Sales Down 7% To EUR1.06B
Metro Cash & Carry Romania reported a 7% decline in its 2011 sales, to EUR1.06 billion, the German retail group said in its financial report Tuesday.
GfK Survey: 2012 Brings Feeble, Yet Encouraging Signs Of Optimism For Romanians
A recent survey by market research company GfK Romania shows that 2012 brings feeble, yet encouraging signs of restoring people's optimism, as Romanians consider their personal financial sit...
Romania Is Attractive For Business, But Excessive Bureaucracy Is A Problem, Says H&M Country Manager
One year after H&M’s entry on the local market, Carlos Duarte, country manager of H&M Romania, talks about the retailer's plans an interview with ZF, his first since the retailer opened its...
Retailer Flanco Expects Tablet, Smartphone Sales To Increase Up To Ten Times In 2012
Romanian electronics retailer Flanco estimates its notebook sales will climb 20% this year, and tablet and smartphone sales will increase three to ten times due to their still low penetratio...