Retail&Consumer
Winemaker Cramele Recas Says January-September Sales Above Expectations
Winemaker Cramele Recas posted over EUR11 million sales in the first nine months of this year, up about 15% compared with the same time in 2010 and higher than the 10% initially estimated fo...
DEGI Titan Invests EUR10M In Upgrades At Iris Titan Shopping Center In Bucharest
DEGI Titan, owned by Aberdeen Immobilien, has invested EUR10 million over the past 10 months in upgrades at Bucharest’s Iris Titan Shopping Center.
Iulius Group Postpones Palas Iasi Launch Until April 2012
Realty developer Iulius Group, owned by businessman Iulian Dascalu, on Thursday said it has postponed the full launch of its 82% complete Palas Iasi complex until April 2012, with investment...
Retailer Mega Image Launches 100th Store
Retail chain Mega Image, part of Belgian group Delhaize, on Wednesday launched its 100th store, in northern Bucharest.
It Will Be Another 5-7 Years Until The Historic Center Becomes A Fashion Hub
Bucharest’s historic center is dominated by restaurants, coffee shops and bars, which occupy more than half the available spaces, whereas fashion stores, which tend to dominate the centers o...
Altex Bets On Expansion
Altex, the largest electronics, home appliances and IT products retailer in Romania by sales, has opened eight stores this year and has three more planned by yearend. Total investments amoun...
Romanians Cut Back On Soft Drinks, Bleaching Products And Frozen Fish
Romanians cut back on soft drinks, frozen vegetables and bleaching products in the first six months of the year. The biggest losers - teeth whiteners, bath foam and frozen fish recorded over...
Bermas 9-Month Sales Fall 9.7% To RON20.7M
Romanian brewer Bermas Suceava (BRM.RO) Monday said total sales dropped 9.7% on the year to 20.7 million lei (EUR4.78 million) in the first nine months, on falling demand.
Murfatlar Reaches Nearly 100 Stores That Generate EUR8 Million Sales
Wine producer Murfatlar, controlled by the Dobronauteanu family, has reached nearly 100 Crama Murfatlar stores one year after the opening of the first stores.