Retail&Consumer
Titan Sees Lower Sales In FY 2012
Romanian milling and bakery company Titan (MPN.RO) estimates its sales will drop by roughly 5% to 331.6 million lei (EUR76.4 million) in the financial year to end in September, from RON348 m...
Wine Makers Downed All Available EU Funds
Wine makers attracted EUR166 million in EU funds between 2007 and 2011, which went mainly into the reconversion of around 10% of the vine growing area. In the past few years, the funds made...
Auchan To Develop Shopping Centers Branded As Auchan City
French retailer Auchan will start the development on the Romanian market of shopping centers branded as Auchan City. The first of them will be built this year in the Giulesti district, in th...
Herghelegiu, PayU: Online Card Payments To Increase Over 25% This Year
The overall volume of online payments in Romania, from card payments on the internet, to orders made online and paid cash on delivery, is worth over EUR1 billion per year, Cristian Hergheleg...
KPMG: Consumer Adoption Of New Technologies Continues To Grow
Consumers are increasingly often using their personal computer, phone or tablet to find gifts or discounts and make payments, says a study by KPMG International, which found that 73% of Roma...
Flanco: Electro&IT Retail To Reach EUR1.25B This Year
The electrical appliances market will reach EUR1.25 billion in 2012, up 12% to 15% on the year, and the upward trend will continue until 2014, when the market should reach EUR1.8 billion, sa...
Biggest Bankruptcies: Crisis Brought Three Malls And Several Retail Businesses To Their Knees
Bankruptcy has not affected many major businesses in the past three years, only around 20, shows a ZF review of the biggest bankruptcies in the past three years.
Canon Romania Head: Compact Cameras Priced Up To EUR100 Account For 60% Of The Market
Cheap cameras priced at EUR100 at the highest, accounted for about 60% of the 250,000-300,000 cameras sold in Romania last year, said Petronius Secareanu, general manager of the local operat...
Flanco Sales Rise 40% On Year To EUR19.5M In December
Romanian IT and electronics retailer Flanco posted a 40% increase in its sales to around EUR19.5 million in December and estimates full-year sales have reached EUR110 million, 38% higher on...