Retail&Consumer
Avon Expects Single-Digit Growth In 2012 Sales
Avon Romania, the biggest direct sale cosmetics company, is expecting a growth of up to 10% in sales this year, despite the fact that local consumption has only started picking up in the sec...
Smithfield Foods Sales In Romania Up 25% In May-Jan To $184M
U.S. pork producer and processor Smithfield Foods’ sales in Romania increased 25% in the first nine months of fiscal year 2012 (May 2011-January 2012) to $184.3 million from $147.2 million i...
Benvenuti Bets On 5% To 10% Growth In 2012
Dan Pavel, the founder and majority shareholder of footwear and accessories retailer Benvenuti, expects sales to grow by 5% to 10% in 2012 after having gone up last year too.
A Better Year For Electro-Retail
The electronics, home appliances and computer market will continue its upward trend in 2012, after a good 2011, manufacturers and retailers in this industry believe. Sales of refrigerators,...
Winemakers Expect Fiercer Competition, Rise In Number Of Specialist Stores
The Romanian wine market could stagnate in 2012 after having lost some of its volume over the past few years, according to ZF estimates based on data provided by winemakers.
German Tourists Return Home From Vacations In Romania With Unspent Money –Tour Operator
German tourists who spend their vacation in Romania return home with the bulk of their travel budget unspent because Romania has no entertainment infrastructure, Toni Messerschmidt, owner of...
Metro Cash&Carry Sees Flat Consumer Spending In 2012
Metro Cash&Carry, the largest retailer on the Romanian market by sales, is the first to provide a pessimistic estimate about the consumer-spending trend this year. The company, whose last ye...
Durable Goods Market Climbed 12.8% In 2011, To EUR1.43B - GfK Survey
The Romanian durable consumer goods market increased by 12.8% last year to EUR1.43 billion, according to a GfK Temax survey released Wednesday.
Avicarvil Plans EUR5M Investment To Open 100 New Shops
Romanian Avicarvil, owned by businessman Iustin Paraschiv, plans to open 100 butcher shops in southern and central Romania, with an overall investment of EUR5 million.