Retail&Consumer
IKEA Romania Posts RON362M Sales In Catalog Year 2011
Furniture retailer IKEA registered sales of 361.8 million lei (EUR82.96 million) in Romania between September 1, 2010 and August 31, 2011, up 10.5% on the year.
Polisano’s Distribution Arm Grows 23% After Nine Months
Pharmaceuticals wholesaler Polisano, controlled by Sibiu businessman Ilie Vonica, posted sales of 890 million lei (EUR204 million) in the first nine months, up 23% against the similar period...
Dedeman Ends Year With EUR60 Million Investments
Bacau-based company Dedeman, the leader of the local do-it-yourself market, will open a 10,500 square meter store in Tulcea on Friday, November 25. The store, a EUR10 million investment, is...
Coty Head: Cosmetics Sales Might Pick Up After Labor Market Revives
Coty Romania, one of the leading importers of fragrance, cosmetics and toiletries on the local market, posted a EUR12.8 million turnover in the first ten months of this year, similar to that...
Cora To Operate As Energy Trader In Romania
Romania Hipermarché, operator of Cora chain of hypermarkets, Monday said it has received authorization to act in capacity of electric energy trader on the local market.
Bucharest Luxury Hotels Break Out New Year’s Eve Party Specials
"We have 1,000 seats available for the New Year’s Party in the hotel’s restaurant, more than last year, when we hadn’t opened the SteakHouse restaurant. So far, we have reservations for abou...
Krammer & Wagner: Ten More Foreign Retailers Willing To Tap Romanian Market
The founders of Austrian real estate consultancy Krammer & Wagner, who brought tenants to shopping centers such as Bucharest’s Militari Shopping and Constanta’s Maritimo, said at least ten m...
Coca-Cola’s Brands In The Hands Of Three Romanian Managers Aged Under 40
Nicoleta Eftimiu, Natalia Stroe and Dana Ichim are the Romanian managers in charge of the brand portfolio of Coca-Cola, the largest company on the local beverages market.
Domo Expects To End Year With Lower-Than-Estimated Sales
Electronics, home appliances and IT products retailer Domo announced it would end the year with EUR175 million sales, lower than estimated early this year.