Retail&Consumer
Delhaize Negotiates G’market Takeover From Anchor Group - Sources
Belgian group Delhaize, which operates the Mega Image retail chain in Romania, is in advanced negotiations to take over the four G’market stores held locally by Turkish Anchor Group, people...
Durable Goods Market Rebounds. IT Sector Leads With 27.5% Rise
After starting the year on the rise, the Romanian durable consumer goods market continued to grow into the second quarter, by 12.4% against the similar period of 2010, to EUR306 million. The...
McDonald’s Dristor, Caru’ Cu Bere And IKEA Lead Ranking Of Bucharest Restaurants With Highest Sales
McDonald’s Dristor, IKEA restaurant and Caru’ cu Bere are “fighting” for the title of Bucharest restaurant with the highest receipts, considering each of them generated revenues of EUR4-5 mi...
Militari Shopping Center Rental Revenue Drops 1.2% In 1H, To EUR3.29M
Property company Atrium European Real Estate on Tuesday reported a 1.2% decline, to EUR3.29 million, in its revenue from renting Bucharest’s Militari Shopping Center in the first half.
GfK: Romanian Durable Goods Market Rose 12.4% In 2Q, To EUR306M
The Romanian durable consumer goods market increased by 12.4% in the second quarter of 2011 to EUR306 million, according to a GfK Temax survey released Tuesday.
Electoarges 1H Net Profit Up 23% To RON4.3M
Romanian household appliance maker Electroarges Curtea de Arges (ELGS.RO) Tuesday reported a net profit of 4.3 million lei (EUR1 million) for the first half, up 23% from RON3.5 million in th...
New Yorker Speeds Up Expansion: Four Store Openings Scheduled By Yearend
German clothing retailer New Yorker, which owns 18 stores on the Romanian market, will accelerate its expansion rate over the next few months, and is set to open four stores by the end of th...
War Between Apple And Samsung Set To Have No Impact On Romanian Market
The recent court battle between Apple and Samsung, which led to the Samsung Galaxy Tab 10.1 being pulled from sale all across Europe, will have no impact on the local market.
Cigarette Black Market In Romania Returns To Growth, Reaches Nearly 16% In July
The black market of cigarettes in Romania increased to 15.7% in July from 11.8% in May, according to research company Novel, the biggest growth after a downward trend recorded last year and...