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Mobexpert Sees 3% Rise In 2011 Sales
Retail&Consumer

Mobexpert Sees 3% Rise In 2011 Sales

Furniture maker Mobexpert on Wednesday reported a 3% year-on-year rise in sales this year, and it expects sales to rise by another 2%-3% in 2012, from some EUR115 million in 2010.

Andrei Cîrchelan · 21.12.2011 · 17:45 · 1 min
Real Estate

Heineken To Sell Former Grivita Beer Plant

Beer producer Heineken, no. 2 on the Romanian market, could get at least EUR15 million from selling the 27,200 square-meter plot near the main train station in Bucharest, according to ZF est...

Ioana David · 21.12.2011 · 16:41 · 1 min
One Million Tons Of Corn Slip Through the Cracks. Traders Contradict Statistics Institute
Social/Politics

One Million Tons Of Corn Slip Through the Cracks. Traders Contradict Statistics Institute

Romania’s grain output is estimated at 11.4 million tons, up 27% on last year, according to the data of Cocereal, an European organization of grain traders. The traders’ estimate is one mill...

Gabriel Razi · 21.12.2011 · 16:10 · 2 min
McDonald's Romania Sees 2011 Sales At Over EUR100M
Retail&Consumer

McDonald's Romania Sees 2011 Sales At Over EUR100M

Fast food chain McDonald's Romania expects sales to top EUR100 million this year, after reporting a turnover of some EUR99 million in 2010.

Andrei Cîrchelan · 21.12.2011 · 16:03 · 1 min
Local Food Maker Sees Tough Year Ahead, Still Plans Large Investment
Retail&Consumer

Local Food Maker Sees Tough Year Ahead, Still Plans Large Investment

Although 2011 was a good year for agriculture and food producers, 2012 might not be as good, because of economic uncertainty and the droughts seen this year in Romania, a local food maker sa...

Andrei Cîrchelan · 21.12.2011 · 15:42 · 1 min
Top Ten Events In Agriculture Business In 2011
Companies

Top Ten Events In Agriculture Business In 2011

Romania had its best agricultural year of the last five years, and grain traders moved fast consolidating their business through acquisitions. Next year looks like it will be difficult becau...

Gabriel Razi · 21.12.2011 · 00:00 · 4 min
Lejeune, Cora: General Situation Not Good, But Romania Is One Of The Best Places To Be
Retail&Consumer

Lejeune, Cora: General Situation Not Good, But Romania Is One Of The Best Places To Be

Philippe Lejeune, the executive who has been running the Cora business for over ten years, says consumption started to rise tentatively in October, by 1-2%, and that the rise will continue n...

Cristina Roșca · 20.12.2011 · 00:00 · 3 min
Cigarette Black Market In Romania Increased To 15% In November
Social/Politics

Cigarette Black Market In Romania Increased To 15% In November

The black market of cigarettes in Romania increased to 15% in November from 11.8% in September, according to research company Novel.

Ioana Tudor · 19.12.2011 · 16:28 · 1 min
Retail&Consumer

Competition Council Probes Meal Voucher Market For Collusion Among Top Players

Romanian competition authorities performed inspections at three meal voucher issuers--Edenred, Sodexo Pass and Cheque Dejeuner--following suspicions of agreement between the three.

Andrei Cîrchelan · 19.12.2011 · 16:26 · 1 min