Retail&Consumer
Cigarette Maker JTI To Invest EUR25M In Romanian Production Line Expansion
Cigarette producer Japan Tobacco International (JTI) will invest EUR25 million to expand its production line in Romania’s capital Bucharest, and plans to hire 140 people, a company official...
Drogerie Markt Continues Expansion
German-held cosmetics and consumer goods network DM Drogerie Markt, with global turnover of above EUR5.5 billion and 41 stores in Romania, will open new stores, as it expects a slight reboun...
Romania To Become Second Largest Shopping Center Market In CEE By 2013
In the coming years, Romania is going to rank second in the region by the volume of shopping centers developed, after Poland, but ahead of the Czech Republic and Hungary, as its market conti...
H&M Set To Open Stores In Arad, Oradea And Craiova
Swedish-held H&M, which entered the Romanian market this spring, opening six stores so far, is speeding up expansion and has signed contracts for another three stores in Atrium Center Arad,...
Argus 1H Net Profit Falls By A Quarter
Romanian edible oil producer Argus Constanta (UARG.RO) Wednesday said its net profit fell 25% to 4.3 million lei (a little over EUR1 million) in the first half, as revenues rose slower than...
Flanco Retail Appoints New Marketing Director
Electronics retailer Flanco Retail on Wednesday said it has appointed Violeta Luca as marketing director starting September 1.
Most Profitable Stores In Modern Retail: Cora, Selgros And Metro Cash&Carry
Only three of the 15 companies in modern retail managed to generate profit of above EUR1 million per store last year.
Comcereal Vaslui 1H Sales Rise 46% To RON46M
Romanian grain producer Comcereal Vaslui (CCEV.RO) Monday reported a 46% increase in sales to 46.1 million lei (EUR11 million) in the first half, from RON31.6 million in the year-earlier per...
Avicola Buzau Swings To RON2.5M Net Profit In 1H
Romanian poultry meat processor Avicola Buzau (AVZU.RO) on Monday said it has swung to a net profit of 2.5 million lei (EUR0.59 million) in the first half, versus a loss of RON2.3 million in...