Retail&Consumer
Romanian Entrepreneurs Take On Multinationals With New Soft Drinks Brand
Violeta Moraru and her husband Valerii Moraru who control the mineral water business Azuga Waters says that production of a new soft drinks brand, Santiago, will begin in January 2012. This...
Poultry Farm Ave Impex To Invest EUR6M In Incubation, Feed
Romanian poultry farm Ave Impex on Wednesday said it will invest EUR6 million in an incubation station and a feed plant, which should start activity in spring next year.
Agriculture Ministry Has EUR3.5B To Spend In 2012. Why Is Food Expensive Then?
The Agriculture Ministry has EUR3.5 billion available for next year and 90% of this amount should go to farmers as state aid, direct payments for farming land and as European financing.
Petrescu, City Grill: Crisis Has Allowed Us To Grow Much More Than In Boom Years
Dragos Petrescu, owner of restaurant chain City Grill and manager of Caru’ cu Bere, says the crisis has allowed him to expand significantly in the last two years because land prices and rent...
Cora Gets Largest Loan Granted By EBRD To A Romanian Retailer
French-Belgian retailer Louis Delhaize, which owns the most profitable stores on the Romanian market, says the European Bank for Reconstruction and Development approved a EUR210 million loan...
Romanian City Residents’ Average Winter Holiday Budget 31% Lower Than In 2009
The 2011 winter holiday budget of two thirds of Romanian city residents is 31% lower than that in 2009, according to a survey conducted by Mednet Marketing Research Center.
Private Labels On Course For EUR1 Billion Sales In 2011
On a retail market where the battle is fought with prices only, the private labels of the major companies, either unknown or avoided by Romanians until not so long ago, are gaining ground so...
McDonald’s To Open Restaurant In Office Building
McDonald’s, leader on the Romanian restaurant market, will open its first restaurant in an office building over the next few days, in America House, which already accommodates City Grill, St...
Winemaker Jidvei Expects 25% Higher Sales In December
Jidvei, one of the largest winemakers on the Romanian market, with a turnover of EUR18 million last year, says winter holiday sales generate 13% of the annual turnover, and expects better re...