Retail&Consumer
H&M To Launch Five Romanian Stores In Spring - Sources
Swedish apparel retailer H&M, which holds 11 stores in Romania, will open another five outlets on the local market in spring this year, people close to the matter told MEDIAFAX.
The Map Of Modern Retail: One In Five Stores Is In Bucharest
Despite the consumption slump, modern retailers continued expansion in Romania in 2011.
At Least 20 Minimax Stores Closed Down, Several Mic.Ro Stores Closed Their Shutters
At least 20 Minimax Discount stores, held by Romanian businessman Dinu Patriciu, are closed for customers, and their future is in doubt.
Tnuva Admits Defeat In Romania, After EUR55M Investment
The Romanian unit of Israeli dairy maker Tnuva, the company's only expansion outside Israel, was backed by a total investment of EUR55 million, and it leaves behind a plant, a cattle farm, e...
Court Postpones Ruling On Tnuva Romania Insolvency
Dairy maker Tnuva Romania’s bid for insolvency was postponed Tuesday, and the court will rule in the matter on February 21, a deadline by which the company may be foreclosed for debts worth...
FOCUS: Tour Agencies Seek New Destinations, But Still Rely On Greece, Turkey, Bulgaria
Romanian tour agencies are timidly testing the waters in new markets, like Africa, the former Eastern bloc or Montenegro, but still rely on Romanian favorites Greece, Bulgaria and Turkey.
Profi Sales Up 7% In 2011, Goes Ahead With Expansion Plans
Profi supermarket chain maintains its expansion plans for 2012, despite posting weaker-than-expected sales last year.
Macromex Turns To Foreign Markest
Macromex, the largest Romanian distributor of frozen products, is pushing with its expansion plans in Europe, and the foreign markets should contribute 30% of the 2012 turnover, according to...
Agriculture Contributed EUR19B To 2011 GDP, 2012 Doesn’t Look Nearly As Good
The agricultural sector contributed almost EUR19 billion to the Romanian gross domestic product in 2011, according to the estimates of Raiffeisen Bank’s research unit based on preliminary da...