Retail&Consumer
Succes Retail Chain To Focus On Private Labels In 2012
Businessman Nicolae Sarcina, who owns the Succes store chain, plans to focus on hypermarkets and private brands in 2012.
New Head Of L’Oreal Wants To Bring Business Back To Growth
L’Oreal, one of the largest players on the Romanian cosmetics market, with turnover of over EUR50 million, has appointed Gilles Antoine as country manager for Romania.
Thousands Rally In Romania In Anti-ACTA Protests
Thousands of Romanians protested countrywide Saturday against the enforcement of the Anti-Counterfeiting Trade Agreement (ACTA).
Hugo Boss Registered Sales Of EUR1.7M In Romania In 2011
German luxury brand Hugo Boss registered turnover of EUR1.7 million in Romania in 2011, up 20% on the year, and local sales are expected to rise by at least 15% in 2012.
Carrefour, NEPI Develop Mall In Ploiesti; 50% Already Rented
New Europe Property Investments (NEPI) and Carrefour Property on Thursday announced that more than 50% was rented in the Ploiesti mall they are jointly developing.
Interbrands CEO Explains Growth Strategy In Times Of Decline
Rand Sherif, CEO of Interbrands, leader of the fast moving consumer goods distribution market, pursued a strategy of increasing spending in the past year, which in fact boosted its turnover...
Elvila Owner Wants 100 Stores By 2015, Exports To Reach 50% Of Sales
Businessman Viorel Catarama, who controls the Elvila group, said his turnover rose last year by 3% to EUR103.5 million, and has budgeted a 5% rise for 2012.
Toepfer Continues Expansion Of Danube River Export Network
Alfred C. Toepfer, the second leading grain trader on the local market, will increase its grain storage capacity in Giurgiu (southern Romania) to 66,000 tons, said market sources.
C&A, Inditex, New Look Eye Opening 12 Stores Outside Bucharest This Spring
Fashion retailers C&A and New Look are pursuing last year’s fast expansion and have planned more than ten store openings this spring in several Romanian cities outside capital Bucharest, whe...