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Cora’s Private Labels Reach 8% Of Food Sales
Retail&Consumer

Cora’s Private Labels Reach 8% Of Food Sales

Sales of food, detergents and hygiene private labels sold by the Cora chain almost doubled last year compared to 2009, and reached 8% of the total, i.e. EUR20 million, according to ZF estima...

Cristina Roșca · 19.09.2011 · 00:00 · 1 min
Carlig, Jolidon: Exports Will Bring Us 30% Growth
Retail&Consumer

Carlig, Jolidon: Exports Will Bring Us 30% Growth

Underwear manufacturer Jolidon is aiming to return to profit and decided to close down all non-performing stores, while it is also seeking new better positioned locations with lower rents.

Cristina Roșca · 19.09.2011 · 00:00 · 2 min
Tabara: Romania's Wheat Production Exceeds 8 Mln Tons
Social/Politics

Tabara: Romania's Wheat Production Exceeds 8 Mln Tons

Romanian Agriculture Minister Valeriu Tabara said Friday that the country's wheat production this year exceeds eight million tons, of which four million tons can be exported.

Radu Bostan · 16.09.2011 · 15:51 · 1 min
Profi Joins Penny Market And Lidl In The 100+ Stores League
Retail&Consumer

Profi Joins Penny Market And Lidl In The 100+ Stores League

Polish investment fund Enterprise Investors has doubled the number of Profi stores, which overshot the 100 mark in less than two years.

Cristina Roșca · 16.09.2011 · 00:00 · 1 min
Wine Makers: Grape Harvest Grows 30%
Retail&Consumer

Wine Makers: Grape Harvest Grows 30%

This autumn’s grape harvest is above the average of the last few years in terms of volume and things are looking up quality-wise, as well. Total wine production will stand at around 6.5 mill...

Ioana David · 16.09.2011 · 00:00 · 1 min
Tina R Turns To China Amid Difficult Situation On Romanian Market
Retail&Consumer

Tina R Turns To China Amid Difficult Situation On Romanian Market

Romanian clothing retailer Tina R is looking for business opportunities on foreign markets such as Poland, China and the Middle East, as prospects of the local market are not optimistic.

Cristina Roșca · 16.09.2011 · 00:00 · 2 min
Real Estate

Argo Real Estate To Become Romania’s Largest Shopping Center Owner

Shareholders of Argo Real Estate Opportunities Fund approved the purchase of the Era shopping parks in Romanian cities Oradea and Iasi, which makes the investment fund the largest shopping c...

Andrei Cîrchelan · 15.09.2011 · 13:35 · 1 min
Diratian, Avon: Uncertainty Still Reigns In The Economy
Retail&Consumer

Diratian, Avon: Uncertainty Still Reigns In The Economy

The cosmetics market this year has felt the crisis' effects on consumption in the last three years more strongly, with first-half sales seeing a nearly 10% decline.

Cristina Roșca · 15.09.2011 · 00:00 · 2 min
Retail&Consumer

Retail Expansion Going Strong As Four Networks Open Stores In Two Days

The expansion of retailers on the local market continues with five major openings by four networks in food, fashion and construction supplies retail, in just two days.

Cristi Moga · 15.09.2011 · 00:00 · 1 min