Retail&Consumer
Drought Might Cut Farm Production By 50%, Harm GDP Growth In 2012
Low rainfall in the next months will reduce Romania’s production of vegetables by 50%, which will affect the economic growth estimated for next year.
Over 70% Of Romanians Reduced Consumption, Bought Cheaper Products In 2011
Over 70% of Romanians reduced consumption or bought cheaper products this year, according to a research conducted by Mednet Marketing Research Center.
Coca-Cola HBC Names Romanian Unit GM As Its New CFO
Coca-Cola Hellenic Bottling Company on Monday announced the appointment of Michalis Imellos as chief financial officer, replacing Robert Murray who will resign starting 2012.
Top 10 Events In Pharma & Healthcare In 2011
The resignation of the health minister, a first draft of a new healthcare law, the shutdown of state hospitals, the departure of the largest local drug group from the London Stock Exchange a...
Expansion Adds 300 Employees To A&D Pharma Group
A&D Pharma, the largest group in the local pharmaceutical industry, whose revenue amounts to EUR800 a year, is currently employing 300 more people than it did in 2010, mainly because of the...
Managers Of Unilever Brands See Crisis As Barometer Of Brand Maturity
Tudor Ghiurca, Otilia Priceputu and Diana Stan are the Romanians taking care of the brands of Unilever, the second largest local non-food consumer goods producer, whose sales amount to almos...
Last Weekend Before Christmas: Malls Are Full, But People Come, Look Around, And Leave
The atmosphere is holiday-like in Bucharest malls in the last weekend before Christmas. The shopping center aisles are crowded, and so are the parking lots, where it takes about ten minutes...
Tablet Market To Triple In 2012 To More Than EUR240 Million
Sales of tablets will go up from approximately 40,000 units this year to over 120,000 in 2012, Asus Romania estimates. The company set out to achieve a 25% share of this market.
Jolidon’s Exports Are Up 40% Despite Shutdown Of Stores Abroad
Textile industry manufacturer Jolidon, controlled by businessman Gabriel Carlig, one of the biggest entrepreneurs in Cluj, saw its exports grow 40% this year, although the company closed dow...