Retail&Consumer
Sarantis Fights Colgate In Court Over “Total” Word, An EUR1M Stake
Sarantis Romania, among the ten largest on the cosmetics market, has been battling US giant Colgate-Palmolive in court for over two years, asking for EUR1.2 million in compensation, in a law...
Romanian Beer Consumption Stabilizes In First Half - Association
Beer consumption in Romania stabilized in the first half of the year, after two years of decreases, staying around 8 million hectoliters, the beer makers association said Wednesday in a news...
Leroy Merlin's First Romanian Store Will Be The Company’s Largest
The first store of France’s Leroy Merlin on the Romanian market, which will open next week in Chitila (NW of Bucharest), will be the company’s largest worldwide out of 12 markets.
Fashion Leader By Sales: Peek&Cloppenburg Boasts EUR13.4M
With a single store, German-held retailer Peek&Cloppenburg boasts sales of EUR13.4 million and profit of almost EUR2 million. According to ZF's information, this is the best fashion store in...
Romania’s Furniture Production Up 3.8% In Jan-May, To EUR789M
Romania’s furniture production rose 3.8% on the year between January and May 2011, to EUR789 million, while exports widened by 18%, to EUR572.5 million, according to data provided by local f...
Developers Widen Electroputere Parc To 71,000 Sqm
K&S Development, which develops Electroputere Parc shopping center in Romanian southern city Craiova, have expanded the center by more than 16,000 square meters, to 71,000 sqm, following inc...
City Mall Liquidator Optimistic About Successful Sale By Year-end
Transilvania Insolvency House, the designated liquidator of Bucharest shopping center City Mall, is confident it will find a buyer for the troubled company by year-end, after several investo...
Wine Maker Cotnari Invests EUR6M In 2011
Romanian wine maker Cotnari on Monday said it has invested over EUR6 million this year, mainly in expanding storage capacity, replanting 360 hectares of vineyard and buying new machinery.
Romanian Expur Gets EUR30M EBRD-Syndicated Financing
The European Bank for Reconstruction and Development (EBRD) Monday said it has extended a EUR30 million syndicated loan to Romanian oilseed processor Expur Urziceni to increase processing of...