Retail&Consumer
INS: Romanian Adjusted Retail Sales +2.2% On Month In July
Romanian adjusted retail sales rose 2.2% in July compared with a month earlier, fueled by higher sales in all sectors, the statistics institute INS said Monday.
Top Three Sports Equipment Retailers Boast More Than EUR50M In Sales
The top three retailers on the sports equipment market – Intersport, Decathlon, and Hervis – posted 217 million lei (EUR51 million) in sales in 2010, more than in the previous year.
Scotch-Brite Scrub Sponges, Made In Romania. U.S. 3M Opens First Romanian Plant In Militari
U.S. technology group 3M, one of the 100 largest American corporations, opened its first production unit in Romania, a plant located in Bucharest’s Militari district, which manufactures Scot...
This Year’s Grape Crop May Reverse Wine Industry Decline
The Romanian wine industry is forward to this year’s solid wine crop, after the 20 largest companies saw their turnover drop by more than 6% in 2010, according to ZF calculations based on Fi...
Avicarvil Plans EUR8M Investment In Romanian Poultry Farms By End 2012
Romanian group Avicarvil on Friday said it has invested over EUR12 million so far in the poultry farms it runs in Valcea county, and it plans to invest another EUR8 million in upgrades by th...
Romania To Keep Excise Taxes On Coffee In 2012
Romania will continue to apply excise taxes on coffee in 2012, although last year’s Tax Code stated they will be eliminated starting January this year.
Sorana Georgia, Billa: There Will Be No More Consumer Spending Spree
Sorana Georgia, the new boss of supermarket chain Billa and the only Romanian woman running one of the 15 largest local retail networks, is thinking out the next moves for Billa like a “ches...
Magheru Boulevard Is World’s 46th Most Expensive Retail Location - Survey
The Magheru boulevard in Bucharest ranked 46th in a Cushman&Wakefield chart of the most expensive 63 boulevards in the world, with respect for the rent paid in these locations.
Consumer Protection Authority Regulates Weight Of Bread Products
Romanian bread producers will be required to sell products weighing at least 300 grams starting September 15 and will only be allowed to raise the weight in increments of 100 grams, National...