Retail&Consumer
Romania To Provide Pensioners With Basic Food Products For Lowest Price Each Month
The Romanian "solidarity basket" program, approved by the Government, will provide pensioners each month with a package comprising basic food products, like flour, sugar, oil, corn and rice,...
AFI Europe To Break Ground On Ploiesti Mall In Fall
Real estate developer AFI Europe on Wednesday said it will start in fall the construction of a EUR35 million mall, in southern Romanian city Ploiesti, set for completion in 2012.
BAT Notes Higher Romania Profit, On Price Hikes
Cigarette maker British American Tobacco, or BAT, posted a solid increase in its Romanian profit in January to June, based on price hikes, increased volumes and an improved mix on the premiu...
Turkish Investment In Romania Tops EUR1.5B - Businessmen
Turkey is the fourth largest foreign investor in Romania, with total businesses exceeding EUR1.5 billion, data from the Turkish Businessmen Association showed Wednesday.
Praktiker 1H Sales In Romania Fall 29% To EUR68.7M
German do-it-yourself retail chain Praktiker Wednesday reported first-half net sales of EUR68.7 million in Romania, down 28.8% on the year, hurt by weak demand.
Profi Is In Talks With Several Chains Over Potential Acquisition
Retailer Profi, controlled by investment fund Enterprise Investors, is in acquisition talks with several store chains on the market. The company has made acquisitions in the past, having bou...
Dan Burian – The Man Who Turned Smithfield’s Wholesaler Around
Dan Burian, 45, the executive who last year took the helm of Agroalim Distribution, has brought back to growth the business of the fast moving consumer goods (FMCG) wholesaler, after sales h...
Azuga Waters: We Have To Be Aggressive To Achieve 50-100% Growth
Violeta Moraru, who together with husband Valerii Moraru, controls the mineral water business Azuga Waters, says the local market is very competitive and everybody vies with everybody just t...
Grain Trader Ameropa Exports EUR12M Worth In One Month
Ameropa Grains (CCRL.RO), formerly Comcereal Constanta, one of the top five grain traders on the local market, exported 65,000 tons of agricultural products to Ameropa AG, its parent company...