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Pambac Bacau Posts Highest Profit In Past Four Years, Targets Exports
Retail&Consumer

Pambac Bacau Posts Highest Profit In Past Four Years, Targets Exports

Alin Giurea, chairman and shareholder of milling and bakery company Pambac Bacau wants 5% of his company revenue to come from sales abroad, considering consumer spending on the domestic mark...

Gabriel Razi · 05.03.2012 · 00:00 · 1 min
Retail&Consumer

Campofrio Sold Two Farms In Constanta For EUR2.5M

Spanish group Campofrio, one of the largest cold cuts producer in Europe, last year sold two swine farms in Constanta county (SE Romania) for EUR2.5 million to Danish group DHC International...

Radu Bostan · 02.03.2012 · 00:00 · 1 min
Retail&Consumer

Vel Pitar Gets Store Manager From Interex Supermarkets

VP Magassin, the retail division of the Vel Pitar group, appointed Eduard Jerca, with over a decade’s experience in retail and FMCG, as general manager.

Radu Bostan · 02.03.2012 · 00:00 · 1 min
Prices Of Vegetables To Double In March - Association
Retail&Consumer

Prices Of Vegetables To Double In March - Association

The prices of vegetables in Romania will double in March due to the freezing weather that affected production, Cristian Rusu, director of association of fruit and vegetable producers Hortifr...

Ioana Tudor · 01.03.2012 · 14:15 · 1 min
Retail&Consumer

Retailer METRO Romania Starts Franchise Program For Small Stores

Retailer METRO Cash & Carry Romania on Thursday announced the launch of a franchise program for small independent retailers from traditional commerce, which will receive training, consultanc...

Andrei Cîrchelan · 01.03.2012 · 12:59 · 1 min
Volksbank Could Take Over Armonia Mall In Deal To Write Off Debts
Banks-Insurance

Volksbank Could Take Over Armonia Mall In Deal To Write Off Debts

Volksbank Romania, the local unit of Austria’s Volksbank AG, could take over the shopping center Armonia Braila, where it was the major creditor, according to liquidator Casa de Insolventa T...

Florentina Dragu · 29.02.2012 · 16:12 · 1 min
Heineken Romania Posts RON1B Sales For 2011, Up 11.5% On Year
Retail&Consumer

Heineken Romania Posts RON1B Sales For 2011, Up 11.5% On Year

Brewer Heineken Romania on Wednesday announced sales of 1.04 billion lei (EUR245.3 million) for 2011, up 11.5% on the year, fueled by an increase in sold volumes.

Andrei Cîrchelan · 29.02.2012 · 12:18 · 1 min
Romanian DIY Retailer Dedeman Aims For EUR500M Sales
Retail&Consumer

Romanian DIY Retailer Dedeman Aims For EUR500M Sales

Romanian do-it-yourself retailer Dedeman, controlled by brothers Adrian and Dragos Paval in Bacau, continues to surprise with rising sales, which came close to the EUR500 million mark last y...

Radu Bostan · 29.02.2012 · 00:00 · 1 min
Retail&Consumer

Only Four Malls Put H&M, Zara, New Yorker And C&A Under The Same Roof

Four of the most popular international retailers with operations on the local market, H&M, Zara, New Yorker and C&A, which already own more than ten stores in Romania, can be found under the...

Radu Bostan · 29.02.2012 · 00:00 · 3 min