Retail&Consumer
H&M Romania Sales At EUR21M In March-August
Swedish apparel retailer Hennes & Mauritz (H&M) on Thursday said it has registered sales of 193 million Swedish krona (EUR21 million), VAT included, between March and August this year, after...
Diverta To Launch First Franchise Stores By Yearend
Books and movies retailer Diverta, currently under judicial reorganization, will launch its first franchised stores by the end of this year, under a development plant aiming at expanding the...
Inditex Rents Building In Sibiu For New Zara Store
Spanish fashion retailer Inditex rented a building in Sibiu, central Romania, where it will open a Zara store, Wednesday said realty consultants DTZ Echinox, which brokered the transaction.
No Clear-Cut Winner In This Fall’s Mall Battle
The newest “battles” on the Romanian retail market will be fought in Arad, Oradea and Constanta this autumn, where new malls are set to be opened. Four consultants inquired by ZF say, though...
Intersnack Pays EUR2.5 Mln For Potatoes From 30 Romanian Suppliers
German-held group Intersnack, the producer of Chio chips and one of the largest companies on the Romanian snacks market, has annual contracts of EUR2.5 million with 30 domestic suppliers to...
CNVM Forces New Shareholder Meeting At Argus
Romanian securities regulator CNVM gave edible oil maker Argus Constanta (UARG.RO) 45 days to hold a shareholder meeting, claiming that the company’s previous meeting unlawfully restricted t...
Sanitary Ware Market Growth Potential Rests With Romanians Without Water Services
Dirk Rennau, regional manager for South-Eastern Europe of German firm Hansgrohe, says he was shocked to hear that almost half of Romanians do not have water and sewage services. This is wher...
Carrefour Plans Strong Expansion In Romania
The French company that boosted the modern retail in Romania announces big expansion plans and an investment restart, which shows it is expecting a rebound in consumer spending in the near f...
Prio Ready To Tap Into Vegetable Oil Market
Vegetable oil producer Prio Extractie, a unit of Portuguese group Martifer, got the green light from Agriculture Ministry to store agricultural raw materials in a 150,000-ton silo at its oil...