Retail&Consumer
Possession Of Over 40 Liters Of Ethyl Alcohol Outside Fiscal Warehouse To Be Punished
The possession of more than 40 liters of ethyl alcohol, used to make alcoholic beverages, which are not registered with a fiscal warehouse, is punishable by one to four years in prison, acco...
Heineken Romania Volumes Rose 5% On The Year In Jan-June
Beer maker Heineken on Wednesday reported a 5% year-on-year rise in its first half Romanian volumes, while earnings before interest and taxes (EBIT) rose “significantly”, according to a half...
Retail Network Alba Market Pushes Expansion Pedal
Romanian businessman Dorin Mateiu, who owns one of the largest meat processors domestically, Elit Cugir, expects revenue of EUR8 million from retail operations, which he started last year by...
C&A To Open Nine Stores This Fall
C&A, one of the largest fashion retailers in Europe, plans to open nine stores in Romania by the end of the year, bringing its local network to a total of 17 units.
AFI Palace Cotroceni 1H Rental Revenue Dips 4% To EUR11.5M
Bucharest shopping center AFI Palace Cotroceni generated rental revenue of EUR11.5 million in the first six months of the year, down some 4% from EUR12 million in the same interval of 2010,...
Furniture Maker Rus Savitar To Open In Arad Its 11th Store
Furniture maker Rus Savitar will launch Friday its 11th store in Romania, within the Armonia shopping center in Arad, following an investment of EUR200,000, according to a company news relea...
Selgros Advances Cautiously After Resuming Expansion
Selgros Cash&Carry Romania, which announced it resumed expansion in Romania after two years and a half, and was set to open its second store in Constanta this December, is one of the most ca...
Romanians Spend More On Beer When Going Out - Carlsberg’s Brewer
United Romanian Breweries Bereprod (URBB), producer of Tuborg and Carlsberg beer, Bilbor mineral water and Granini soft drinks, said its sales rose in the first six months above initial esti...
Galleria Malls Lose 8% Of Value In First Half - GTC Report
The Galleria malls owned by property developer GTC in Romanian cities Suceava, Buzau and Piatra Neamt, were evaluated at EUR54 million at the end of June this year, down 8% since the beginni...