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Macroeconomics

Romania Retail Sales Fall At 3rd Fastest Pace In EU In May

Romanian retail sales fell 6% on the year in May, the third largest increase in the European Union, official data showed Tuesday.

Florentina Dragu · 05.07.2011 · 13:19 · 1 min
HR

Unilever South Central Europe Appoints New Marketing Director

Unilever South Central Europe on Tuesday said it has appointed Dan Oprescu as marketing director, replacing Fulvio Guarneri who was promoted as vice-president brand building home and persona...

Andrei Cîrchelan · 05.07.2011 · 11:55 · 1 min
Largest Retail Parks In Romania And The New Tenants They Attract
Retail&Consumer

Largest Retail Parks In Romania And The New Tenants They Attract

Smaller versions of the Baneasa project in northern Bucharest, Romania's largest retail park, are fighting and succeeding in getting new tenants. While expansion tends to be more difficult f...

Cristi Moga · 05.07.2011 · 00:00 · 2 min
INS: Adjusted Retail Sales Rise Slightly In May
Retail&Consumer

INS: Adjusted Retail Sales Rise Slightly In May

Romanian adjusted retail sales inched up 0.2% in May compared with a month earlier, largely boosted by higher fuel sales, the statistics institute INS said Monday.

Florentina Dragu · 04.07.2011 · 10:02 · 1 min
Champions Of Expansion In H1: Profi, Macro And Mega Image Opened 31 Stores
Retail&Consumer

Champions Of Expansion In H1: Profi, Macro And Mega Image Opened 31 Stores

Seven of the 15 modern retail chains on the Romanian market retail invested around EUR100 million to open 45 stores in the first half of the year, according to a ZF analysis, despite the fac...

Oana Gavrila · 04.07.2011 · 00:00 · 1 min
CrisTim Owner Radu Timis Tries His Luck On Wine Market
Retail&Consumer

CrisTim Owner Radu Timis Tries His Luck On Wine Market

Radu Timis, the owner of CrisTim, a EUR79 million business in the cold cuts industry, is diversifying his business through a EUR2.5 million investment in a winery in Prahova county.

Oana Gavrila · 04.07.2011 · 00:00 · 1 min
Retail&Consumer

Orkla Foods: We Restructured Before The Crisis So We Kept Employee Pay And Benefits Intact

Orkla Foods Romania, producer of Linco margarine and of Ardealul pate, boosted its turnover 14% in the first five months of this year compared to the same period last year, the company’s fir...

Oana Gavrila · 04.07.2011 · 00:00 · 1 min
How Wembley Stadium’s Artificial Grass Supplier Came To Work With Petrom
Retail&Consumer

How Wembley Stadium’s Artificial Grass Supplier Came To Work With Petrom

Netherlands’ Desso, which supplied the artificial grass for stadiums such as Wembley and Santiago Bernabeu, was also the supplier of 39.484 square meters of carpet tiles to Petrom City, whic...

Oana Gavrila · 04.07.2011 · 00:00 · 1 min
Caroli Foods Group Shuts Down One Of Its Two Romanian Plants
Retail&Consumer

Caroli Foods Group Shuts Down One Of Its Two Romanian Plants

Meat processor Caroli Foods Group on Friday said it has shut down its plant in southeastern Romanian city Tulcea and will focus its activities at the Pitesti plant, because of reduced purcha...

Andrei Cîrchelan · 01.07.2011 · 16:26 · 1 min