Retail&Consumer
Kandia Develops Appetite For Regional Expansion After Buying Supreme Chocolat
The beginning of the year is extremely busy for Mihut Craciun, the general manager of Kandia, after the Romanian chocolate maker bought the Supreme Chocolat (Primola) business from the Leban...
Expansion Helps Carrefour Get Near 2008 Sales Peak
French retailer Carrefour, which operates both hypermarkets and supermarkets in Romania and is the third leading retailer after Metro and Kaufland, posted EUR1.184 billion in sales last year...
Carrefour Romania's 2011 Sales Up 4.8% On Year To EUR1.18B
French retailer Carrefour posted sales of EUR1.184 billion in Romania last year, up 4.8% on the year, according to the group's financial report published Thursday.
Epilogue To A Failed Transaction: eMag’s Takeover By Investment Fund BAF
After having signed an agreement for a potential deal with eMag in 2008, investment fund Balkan Accession Fund (BAF) found out in April 2009 it had all been for nothing, as it the retailer h...
Tymbark Expects 15% Growth In 2012
Tymbark Maspex, the largest nectar producer on the Romanian market, expects 15% higher sales in 2012 compared with last year. The projected sales could thus reach 315 million lei (EUR72 mill...
Grocery Store Giant 7 Eleven Might Take Over Mic.ro
Romanian businessman Dinu Patriciu is negotiating the sale of his Mic.ro retail network to international group 7 Eleven, people close to the matter told MEDIAFAX.
Online Payment Fraud Attempts Down 15% In 2011
Fraud attempts recorded by Romanian stores using online payment platform ePayment dropped 15% last year, preventing losses of around EUR520,000.
Bread Maker Titan's Net Profit Rises To RON8.2M In 2011
Romanian grain mill products maker Titan (MPN.RO) posted a turnover of 348 million lei (EUR82.3 million) between October 1, 2010 and September 30, 2011, while net profit stood at RON8.2 mill...
Lidl Brings CEO Of Romanian Network From Poland
German retailer Lidl, the latest arrival in the Romanian retail sector, will appoint Maksymilian Braniecki as chief executive of the local store chain, market sources say.