Retail&Consumer
Moara Cibin Sales Double To RON54.1M In 1H
Romanian milling company Moara Cibin (MOIB.RO) Wednesday said its sales more than doubled to 54.1 million lei (EUR12.9 million) in the first half, from roughly RON26 million in the year-earl...
CNVM Limits Chelu Group Voting To 33% At Edible Oil Maker Argus
Romanian securities regulator CNVM on Wednesday decided to limit the voting rights, to 33%, for shareholders acting in concert with businessman Catalin Chelu, a group that controls a total 4...
Dinu Patriciu Says Banks Deny Funding For Mic.ro Expansion
Romanian business Dinu Patriciu on Wednesday said he will invest EUR100 million more of his own funds to develop the retail networks Mic.ro, Macro and miniMax, since banks are not willing to...
Mic.ro, Macro, miniMax Stores See Cumulated Sales Of EUR225M In 2011
Romanian businessman Dinu Patriciu, owner of the Mercadia Holland group, Wednesday said he expects retail networks Mic.ro, Macro and miniMax to achieve total sales of EUR225 million this yea...
Patriciu Names Two New Executives At His Retail Business
The FMCG Retail division of the Mercadia Holland group appointed Anca Vlad and Vlad Seitan as head of category management and purchasing, and chief operational officer and deputy CEO, respec...
DIY Retailer Leroy Merlin Opens First Romanian Store Thursday
DIY retailer Leroy Merlin will launch Thursday its first Romanian store, within the Colosseum retail park near Bucharest, according to the shopping center developer Nova Imobiliare.
Baneasa Shopping City Owner Plans Further EUR80M Investment
After a movie theater inside Baneasa Shopping City is completed next week, preparations are due to start on a new extension where the shopping center's food court will be relocated.
Lidl Wants To Open Eight More Stores In Bucharest
German retailer Lidl, present on the Romanian market through a chain of 100 stores, of which five located in Bucharest, plans to open at least eight more stores in the capital city.
Beer Market Falls Nearly 3% In July
Beer sales declined by 2.86% in July this year against July 2010, according to ZF calculations based on data from the National Statistics Institute (INS). These are the first data on July be...