Retail&Consumer
Sale Of Non-Fire Safe Cigarettes Banned As Of November 17
Constantin Cerbulescu, president of the Romanian Consumer Protection Authority, said Tuesday that only the sale of fire safe cigarettes will be permitted in all European Union member states...
Tax Evasion In Romanian Alcohol Industry Costs Budget EUR4.5B In Past 8 Years
Tax evasion in the Romanian alcohol business has generated excise duty losses of EUR3.3 billion, plus EUR1.2 billion from unpaid VAT and other taxes, between 2003 and 2010, according to indu...
Farming Unionists Threaten Protests Over Tax Evasion In Spirits Industry
Romanian unionists in the agriculture sector will picket in September the Government and the Parliament over tax evasion in the spirits industry, union federation Agrostar president Stefan N...
Spirits Producers Laid Off Over 7,000 Employees In 2010
Over 7,000 employees in the Romanian spirits industry were laid off last year, as tens of thousands of small and medium firms halved their work capacity, according to the organization of emp...
Gloria Jean’s Head: We Cannot Halt Expansion Despite Challenging Economic Situation
Gloria Jean’s coffee shop network, the first international coffee shop network that entered the Romanian market more than five years ago, is set to add three units this year, to reach 10 cof...
Competition Tightens On Footwear Market
Romanians buy one pair of shoes per year on average, on which they spend around 130 lei (about EUR30). However, the amount Romanians are willing to pay on shoes has dwindled in the last few...
VES Sighisoara Switches To RON0.5M Loss In 1H
Romanian enameled cookware manufacturer VES Sighisoara (VESY.RO) Monday said it has switched to losses in the first half, versus profits a year earlier, as costs rose at a faster pace than r...
Delhaize 1H Sales In SEE & Asia Rise 6.2% To EUR961M
Belgian food retailer Delhaize Friday reported first-half sales of EUR961 million in Romania, Greece and Indonesia, up 6.2% on the year.
Ductil Buzau 1H Net Profit Falls 36% To RON4.3M
Romanian industrial wire producer Ductil Buzau (DUCL.RO) Thursday reported a net profit of 4.3 million lei (around EUR1 million) in the first half, down 35.8% on the year.