Retail&Consumer
Immofinanz To Open EUR100M Maritimo Shopping Center In Constanta
Austrian property developer Immofinanz Thursday announced the opening of the Maritimo shopping center in Romanian southeastern city of Constanta, following an investment of over EUR100 milli...
Albalact's Net Profit Slides 6% To RON2.26M In First Six Months
Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) Thursday reported a 6% decline in its first half profit to 2.26 million lei (EUR0.52 million), despite higher sales by nearly 33% on the ye...
The Businesses Of Dobronauteanu Brothers: Two Insolvencies And One Market Leader
The Dobronauteanu brothers, the shareholders of wine maker Murfatlar, have in the past few years held stakes in more than 20 companies involved in the local food and drinks industry, as well...
eMag Starts Selling DIY Products
eMag, the largest IT&C online retailer domestically, with EUR102 million in turnover in 2010, on Wednesday also introduced DIY items, such as power drills, trimmers and planers in its produc...
Romania Raises Fines For Mislabeled Food, Clothing
Romania's Government has increased the fines for inaccurate price tags on food and clothing, from 50-100 lei (EUR12-24) to RON500-2500, and for incomplete labels for such products, from a ma...
Romania's June Retail Sales Fall At Fastest Pace In EU
Romanian retail sales fell 1.3% on the month in June, the largest decrease in the European Union, official data showed Wednesday.
Alfred C. Toepfer Expands Grain Operations In Romania
U.S-based group Archer Daniels Midland (ADM), the world’s major grain processing company, will expand its grain origination, storage, transportation and export operations along the Danube Ri...
INS: Romania Adjusted Retail Sales -1.2% On Month In June
Romanian adjusted retail sales fell 1.2% in June compared with a month earlier, largely due to lower non-food product sales, the statistics institute INS said Wednesday.
Former Head Of Praktiker Is New CFO Of Enel Romania
Monica Hodor, former general manager of do-it-yourself retailer Praktiker Romania, was appointed chief financial officer (CFO) of energy distributor Enel.