Retail&Consumer
Eximtur 9-Month Sales Up 18% On Year To RON115M
Romania’s second largest tourism agency Eximtur Cluj Thursday reported an 18% increase in its sales to 114.6 million lei (EUR26.6 million) in the first nine months, mainly boosted by higher...
Caelum Development Starts Construction On ParkLake Plaza Mall In Bucharest
Irish group Caelum Development has started construction of the ParkLake Plaza mall in Bucharest, with an investment of EUR250 million.
Agricola Bacau Plans EUR3M Investment In 100 New Stores
Agricola Bacau, one of the largest local poultry meat producers, on Tuesday said it will invest some EUR3 million to launch over 100 stores over the next two years.
Retail Center Association Manages Spar Franchise In Romania
Brasov-based Retail Center Association (RCA) is the new owner, starting October 1, for the Spar supermarket franchise in Romania, previously owned by Astral Impex, a company controlled by th...
Four Romanians Under 35 In Charge Of PepsiCo's Beverages
At 28, Oana Bulmez is the youngest brand manager in PepsiCo's beverage division, with turnover of almost EUR150 million according to ZF estimates. Bulmez is one of four brand managers younge...
Lem’s Nine-Month Sales Rise 25% On Year, To RON121.9M
Furniture retailer Lem’s, owned by furniture maker Lemet, reported sales of 121.9 million lei (EUR29 million) in the first nine months of the year, up 25% on the same interval of the previou...
Lasselsberger To Decide On Lawsuit Against Sanex Management
Austrian group Lasselsberger will discuss late-October whether it sues the managing board of Romanian ceramic tiles maker Sanex, a firm it controls.
Sofiproteol To Invest EUR10M By Yearend In Romania
French group Sofiproteol on Friday informed Romanian Prime Minister Emil Boc that it plans to invest EUR10 million this year in technological upgrades at the two plants it owns in the Easter...
Authorities Pay More Than Non-Govt Customers For Certain Products - Antitrust Watchdog
Public procurement contracts for products such as cooking oil and potatoes are mainly awarded to intermediaries and Romanian authorities end up paying 10%-37% more than producer prices, the...