Retail&Consumer
Cigarette Black Market Down To 13% In January, From 15% In Nov 2011
The value of the Romanian cigarette black market shrank in January to 13% of the total sales, from 15% in November 2011, cigarette producer JTI Romania announced Thursday, citing a study by...
Praktiker Romania's Restructuring: 500 Job Cuts In Three Years
German do-it-yourself company Praktiker, which operates a 27-store network on the Romanian market, has reduced the number of employees from 2,500 to 2,000, while sales went down to half comp...
La Mama Owner Plans To Open Pub In Historical Center
Businessman Catalin Mahu, who owns the La Mama restaurant chain and Cafepedia coffee shops, will this year invest EUR700,000 in a music pub in Bucharest’s historical center
Profi Buys Small Retailer In C Romania
Romanian retailer Profi bought Sibiu-based supermarket network Alcomsib, which holds six stores and was previously owned by the Aldea family.
Romania Has No Plans To Reduce VAT On Food - Agriculture Minister
Cutting the VAT on food products is not on the Romanian Government's agenda for this year, since the current economic context does not permit fiscal relaxation, Agriculture Minister Stelian...
Billa To Open At Least Ten Stores In 2011
German retailer Billa, part of the Rewe group, will open at least ten stores this year in Romania, and its investment budget, which includes remodeling of older stores, stands at EUR20 milli...
Internet Convinces Romanians To Buy Products From Unfamiliar Brands - Poll
Most Romanian Internet users in urban areas are willing to purchase products from brands other than those they were initially interested in, after searching for information online, according...
Fast Food Giant Subway To Open First Romanian Restaurant In April
US fast food giant Subway will launch its first restaurant in Romania in April, within the Palas complex developed in northeastern city Iasi by the Iulius Group, the mall owners said Tuesday...
Good Start Of The Year For Furniture Market. Will It Last?
Mobexpert, Elvila and kika, three of the large players in Romania’s furniture retail market, reported significant sale increases in January, proving that consumer appetite for household rede...