Retail&Consumer
Packaging Maker Rondocarton In Talks To Become De'Longhi Supplier
Rondocarton, which owns corrugated cardboard plants near Romanian cities Cluj and Targoviste could become one of the suppliers of Italy’s De'Longhi SpA, which has recently announced an inves...
The Story Of Cristim: How A Physical Education Teacher Built A Major Cold Cuts Business
Radu Timis managed in 20 years to turn CrisTim into one of the top ten cold cuts producers in Romania, after failing in his first attempts in business. The entrepreneur lost everything on se...
Romanian Wine Market Grew 15% In 2011, To EUR400M
The Romanian wine market grew by 15% last year, to a value of about EUR400 million, after two years of decline, according to the data of industry association PNVV.
Timis Revives Matache Macelaru With 200 “Viennese Food Carts”
Radu Timis, owner of CrisTim, one of the largest cold cuts producers, brings the Matache Macelaru brand back into the spotlight, through a EUR8 million investment in “Viennese carts,” as wel...
Nokia Loses Leading Position On Romanian Market To Samsung For The First Time In Ten Years
Finnish mobile giant Nokia, which had become no. 1 on the Romanian mobile phone market from the first few years of GSM technology, lost its leading spot in 2011 to South Korea’s Samsung, who...
Romania Wants To Exempt Tour Operators From VAT Payment For Bringing In Foreign Tourists
Romanian Regional Development and Tourism Minister Cristian Petrescu said he plans to propose exempting tour operators from paying VAT if they bring in foreign tourists, hoping the measure w...
Bucharest Court Allows Insolvency For Retail Chain Mic.ro
The Bucharest court on Friday approved an insolvency claim filed by Micro Retail, the operator or retail chain mic.ro, controlled by local businessman Dinu Patriciu.
Farmec Cosmetics Reach Poland And Ukraine In 2012
Cluj-based cosmetics producer Farmec wants to export to Ukraine and Poland this year, as 2011 was the year of Hungary and Moldova. Moreover, Farmec wants exports to reach 50% of its turnover...
Biggest Romanian Bet In Food Retail: From EUR100M Investments To Insolvency
Romanian businessman Dinu Patriciu surprised the entire retail market in 2010 when he “declared war” on foreign retail chains and started to develop the Mic.ro and Mac.ro stores (formerly Mi...