Retail&Consumer
Auchan Boss: If I Were To Find A New Store Like The One In Titan, I Would Sign For It With Both Hands
The Titan-based store of the Auchan hypermarket chain, the first to open in Romania, remains the company’s best on the local market, with a daily traffic of 30,000 to 45,000 visitors.
Guzu Invests EUR2.5M In Fruit Warehouse, Tourism In Vrancea
Romanian businessman Daniel Guzu started construction of a fruit storage facility and a tourist pension unit in central Romanian county Vrancea, with an overall investment of EUR2.5 million,...
JTI: Cigarette Sales In Romania Up 15%-20% In 1H, As Smuggling Dropped
Cigarette sales in Romania increased by 15% to 20% in the first half of this year, compared to the same period a year ago, as tax evasion has decreased, said Gilda Lazar, corporate affairs m...
Blejnar, ANAF: Cigarette Smuggling In Romania Down To 12%, From 36% In 2009
Cigarette smuggling to Romania has dropped to 12% in May 2011, from 36.2% in 2009, following the efforts of the Customs authority, Prosecutor's office, National Anticorruption Department, ci...
Record Year For Apple Production In 2010, Exports Up 7 Times
The damage caused by weather conditions to apple harvests in Poland, Germany and Belgium, three of the leading apple producers in the European Union, made room on the market for Romanian com...
Nivea’s Business Model: Be Everywhere
The Nivea brand last year had a EUR67 million budget for promotion (at rate card value), the tenth largest budget for a brand in Romania. The amounts allocated for promotion will increase th...
Avicola Brasov Borrows RON40M To Finance Production
Poultry processor Avicola Brasov (AVLE.RO) will borrow 40 million lei (EUR9.5 million) from Banca Transilvania (TLV.RO) to finance production, the company said in a statement Tuesday.
No. Of Romanians With Major Spending Plans Increased From Last Year - Survey
The number of Romanians who have major acquisition and spending plans for 2011 has increased compared to last year, and the main spending plan concerns vacation, according to a survey publis...
Romanian Retailer Flanco Appoints New Sales Manager
Romanian electronics and IT retailer Flanco appointed Gabriel Peres as sales manager, putting him in charge of the company’s sales policy and the nationwide network of 75 units, the company...