Retail&Consumer
EU Grants Nearly EUR10M To Romania For Fruit Distribution In Schools
Romania will receive from the European Union almost EUR10 million to distribute fruit and vegetables to schools, in the 2012-2013 school year, according to a draft decision of the European C...
Retailers Have Invested EUR50M Since Start Of 2012
Modern retail companies invested about EUR50 million in the first two months of year to open 29 stores throughout Romania. They did it in part because they were encouraged by the four consec...
Smithfield Wants To Export Around 85,000 Pigs To Europe
U.S. group Smithfield, the largest pig farmer in Romania, plans to export at least 10% of its farms’ local production.
Spar To Open Two New Stores In Its Second Try On Romanian Market
Brasov-based company Retail D&I 2011, which holds the franchise of Dutch retailer Spar on the Romanian market, will open two stores in Brasov in March, bringing the total number of Spar-bran...
Insolvent Furniture Maker Staer Adjusts Its Store Chain, Expects Higher Sales
Furniture maker Staer International, which started insolvency proceedings at the shareholder’s request in December 2010, has budgeted a turnover of 38.42 million lei (EUR8.8 million) for thi...
Liberty Center Loses Marks & Spencer And Burger King As Tenants
Liberty Center, a shopping center in southern Bucharest, lost several tenants early this year, such as Marks & Spencer, Forever 18 and a Burger King restaurant that was closed.
Food Retail Up, Fashion And Cosmetics Down In January
Consumption showed the first signs of rebound in the last quarter of last year and pursued an even faster rise in 2012. The almost 10% increase came from food retail, which was helped by the...
Romania January Retail Sales Rise At 3rd Fastest Pace In EU
Romanian retail sales rose 3% in January from the previous month, the third largest increase in the European Union, official data showed Monday.
The Man Who Brought Coca-Cola To KFC And Pizza Hut Seeks To Double Business: 120 Restaurants And EUR130M Turnover
He took the reins of the Yum! brands in Romania - KFC, Pizza Hut and PHD – at the end of 2011 and has already made a big change by ditching Pepsi for rival Coca-Cola. His plans, however, don...