Retail&Consumer
Selgros To Invest EUR20M In Second Constanta Store
Retailer Selgros on Monday said it will invest some EUR20 million to launch its second store in southeastern Romanian city Constanta.
Wheat Producers Await Autumn For Higher Prices
Wheat producer prices ranged from 500 lei (EUR120)/ton to RON1,000 (EUR230)/ton, but many farmers are waiting for autumn and hoping for higher gains. The most expensive wheat in Romania, at...
Intersnack Sales Could Double In 2011 After Nutline Acquisition
The sales of Intersnack, one of the largest companies on the savory snacks market, with around EUR37 million in revenue last year, could double in 2011 after the acquisition of Alka’s seeds...
Amid Plummeting Markets, 15 Retailers Bet EUR1B On Romania
In 30 months (January 2009-June 2011), dominated by recession and falling consumption, several retail companies, mainly foreign-owned, invested in the opening of around 400 stores. What are...
Max Mara Replaces Stefanel On Calea Victoriei
Srdjan Kovacevic, the Serb who brought luxury brands such as Emporio Armani and Ermenegildo Zegna to Bucharest’s luxury shopping street Calea Victoriei, is set to relocate fashion retailer M...
Retailer Profi Launches 100th Store In Romania
Retailer Profi launched Thursday a new supermarket in Bucharest, bringing its nationwide network to a total 100 units.
GTC Romania Boasts 99% Pre-Rental Of Galleria Arad Mall
Property developer GTC Romania on Thursday announced it has almost entirely rented out the Galleria Arad mall, which is set for launch within two months.
Unirea Shopping Center Jan-Jun Profit Halves To RON2.6M
Unirea Shopping Center (SCDM.RO) on Wednesday said its first half net profit dropped to 2.58 million lei (EUR606,000), from RON5.7 million in the same interval of 2010.
BelRom Borrows EUR9.5M From BRD For NE Romania Retail Park
Belgian group BelRom secured a EUR9.5 million loan from BRD-Groupe Societe Generale (BRD.RO), to fund a retail park in northeastern Romanian town Botosani.