Retail&Consumer
Romanian Online Store eMAG.ro Taps Insurance Market
Romanian online store eMAG.ro will start selling mandatory car insurance policies (RCA), following a partnership with insurance broker Netrisk, and wants to reach a 3-5% market share, the si...
Inditex Opens Stradivarius Store In Unirea Shopping Center
Inditex, the largest player on the local fashion market, with overall turnover of around EUR100 million last year, ends the year with Friday’s opening of the Stradivarius store on the ground...
Less Than Half Of Romanian Private Sector Employees Receive Christmas Gift Vouchers - Survey
Less than half of employees in the Romanian private sector receive Christmas gift vouchers, shows a research conducted by company Edenred Romania, issuer of nonwage benefit vouchers.
Altex Sees Sales Up At EUR200M In 2011
Romanian electronics retailer Altex expects sales to top EUR200 million this year, compared to EUR195 million in 2010, Thursday said Dan Ostahie, the company’s general manager and owner.
Ivatherm Makes Dermo-Cosmetics In France For Its Home Market
Armani and Burberry make clothes in Romania to cut production costs, while Rucsandra Hurezeanu goes to France to make the Ivatherm dermo-cosmetics using a local brand and water from southwes...
Kaufland Becomes Romania’s Most Valuable Retailer
The value chart for local retailers saw a change of leader this year, after German-held Kaufland overtook the reigning champion of several years, Metro Cash&Carry.
Unilever: Two Detergents Made In Romania Reach All Across Europe
Unilever, the second largest local producer of non-food fast-moving consumer goods, has invested EUR50 million in the past two years to boost by 30% the production capacity of its detergent...
Scandia Cuts Costs, Considers Private Labels
The crisis forced Scandia Foods, one of the largest companies on the local canned food market to redefine its strategy. The producer of the Bucegi pate, facing low consumption on the local m...
Electroarges Calls Shareholder Meeting On RON9.3M Capital Increase
Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) Tuesday proposed increasing its capital by 9.3 million lei (EUR2.13 million) to approximately RON15.5 million to f...