Retail&Consumer
Auchan Buys Half Of Tricodava Platform For EUR15M
French hypermarket chain Auchan, with EUR340 million in turnover on the Romanian market, last week bought half of former industrial platform Tricodava in the Bucharest district Drumul Tabere...
Top Romanian Entrepreneur In FMCG Distribution: We Have The Same Costs, But Sales Are Down 20-30%
Keeping and developing the business at reasonable parameters is the biggest challenge for Sorin Gavrila, the Bacau entrepreneur who, alongside Cristinel Lungu, controls Simba Invest, the lar...
AFI Palace Cotroceni Reports EUR17.3M Rental Revenue In Jan-Sep
Israeli developer AFI Europe collected EUR17.3 million in the first nine months from renting out Bucharest mall AFI Palace Cotroceni, compared to EUR17.7 million in the same interval of 2010...
A Quarter Of Pizza Hut Revenue Comes From Home Deliveries
The Pizza Hut chain does not plan to open any new restaurant in Romania by the end of 2012, but will invest in two new PHD units (home delivery facilities), as the share of home deliveries r...
ParkLake Plaza Mall Set For Completion In 4Q 2013 - Agent
Irish investment group Caelum Development wants to complete the ParkLake Plaza mall in Bucharest by the final quarter of 2013, following an investment of EUR250 million, exclusive agents Cus...
Globes: Tnuva Close To Pulling Out Of Romania
Tnuva is considering closing its Romanian operations and pulling out of the country after having invested some EUR60 million in the enterprise, Israeli newspaper Globes reported in its onlin...
Lower Decline Makes 2011 A Good Year On Romanian Soft Drinks Market
The Romanian soft drink market did better in 2011, when the decline in sales was lower than the dramatic drop posted in 2010, says Mihaela Burtoi, group brand manager of soft drink maker Tym...
Romania’s First Black Friday Brings Over EUR15M In Sales
Romanian electronics and home appliances retailers sold more than EUR15 million worth of TV sets, cameras and laptops on Romania’s first Black Friday.
Ramnicu Valcea Entrepreneurs Developed 32-Store Chain And 50 Types Of Raureni Canned Food
Dorina and Dan Mutu from Ramnicu Valcea town have over 17 years built businesses with a turnover in excess of EUR46 million this year.