Retail&Consumer
Albalact Defies Consumer Spending Decline With 34% Higher Sales In First Nine Months
Albalact Alba Iulia, the largest independent dairy producer posted 246.2 million lei (EUR56.5 million) sales in the first nine months, up 34.32% on the same period of 2010.
Kaufland, Auchan, Carrefour And Cora Continue To Expand On Former Industrial Sites In Bucharest
Kaufland is getting ready to finish the acquisition of a plot of land from the Romprim plant in Berceni (southern Bucharest), Auchan is buying another plot from Grantmetal in Crangasi (west...
Cocor Posts RON5M Loss In January-September
Shopping center operator Cocor Bucuresti (COCR.RO) on Thursday reported a loss of 5 million lei (EUR1.14 million), compared to a loss of RON5.4 million in the same interval of the previous y...
GTC's Galleria Malls Lose 13% In Value Over Third Quarter
The value of Galleria malls held in Romanian cities Suceava, Buzau and Piatra Neamt by developer GTC has declined by nearly 13% over the third quarter, because of reduced occupancy and decli...
What Romanians Buy When They Go Shopping
Carbonated soft drinks, mineral water and roasted coffee are the products that account for the highest share in Romanians’ food basket, in terms of value and not in terms of consumer basket...
3 Million Farmers Will Check Wheat Price On Bucharest Stock Exchange
The Bucharest Stock Exchange (BVB.RO) on Thursday launches a wheat futures contract that will offer farmers a reference for the price of wheat, which they can use to sell their crop.
Bread Maker Titan Swings To RON7.6M Profit In Jan-Sep
Romanian grain mill products maker Titan (MPN.RO) on Wednesday reported a net profit of 7.57 million lei (EUR1.73 million) in the first nine months, compared to a loss of RON2.56 million in...
Fashion Retailers Press On With New Openings
Over 20 apparel stores have opened or have been announced in the past month, and fashion retailers insist things will not stop here, given the market’s potential to grow by EUR1 billion by 2...
Iulius Mall Inks Deal With H&M, Expands To Include Multiplex Cinema
Businessman Iulian Dascalu, owner Iulius Mall network, has reached an agreement with apparel retailer H&M, which will open a store in the mall in Suceava (northern Romania). The complex will...