Retail&Consumer
Retailers Say This December Was Better Than In 2010
Retailers, who waited the whole year for December to come, as it is considered the best month in terms of sales, say this December has been better than in 2010.
Supermarkets Opened Almost 80 Stores, Invested Up To EUR120M in 2011
Like 2010, this year was the year of supermarkets, after discount chains became the most dynamic segment of modern retail in 2009. This year saw the opening of almost 80 supermarkets, with t...
AFI Cotroceni After 11 Months: Sales Of EUR158M, 22% Higher On Year
AFI Palace Cotroceni shopping mall in Bucharest, controlled by Israeli billionaire Lev Leviev, had sales of around EUR158 million in the first 11 months of the year, a 22% increase year on y...
Top Retailers Invested Hundreds Of Millions Of Euros In New Stores In 2011
Modern retailers continued to invest hundreds of millions of euros this year in the opening of 150 new stores, despite the 4.5% decline of consumer spending in the first ten months.
Number Of Romanian Tourists Abroad Up 25%-30% In 2011
The number of Romanian tourists who spent their vacation abroad rose by 25% to 30% this year, according to data released Thursday by tour operators’ association ANAT.
Flanco Opens 5 Stores In December, In RON14M Invest
Romanian electronics retailer Flanco on Thursday said it has opened five stores in December, following an investment of 14 million lei (EUR3.25 million).
Rewe Romania Launches Five New Penny Market Stores
German retail group Rewe on Thursday announced it has launched five new stores under the brand Penny market in Romania, bringing its local network to a total 128 units nationwide.
Milk And Eggs Became 20% More Expensive In 2011
The prices of food staples went up by 2.1%, shows the ZF index computed based on prices in Bucharest hypermarkets. The basket consisting of 15 basic products cost as much as RON97 (EUR22.5)...
Government Sets 29 Activity Sectors
The Romanian Government on Wednesday set a list of 29 activity sectors for which collective work contracts may be negotiated and signed, said Labor Minister Sulfina Barbu.