Retail&Consumer
Colliers: Magheru Ranks 65 In EMEA High Street Rents Chart
Bucharest’s Magheru Boulevard posted some of the greatest declines in high street retail rents over the past several years among Europe, Middle East and Africa (EMEA) states, ranking 55 of 1...
Hot Autumn For Retailers: EUR500M Malls Set For Opening
This autumn is set to be much more “prolific” in terms of shopping center openings compared with 2010, as projects totaling 250,000 square meters and almost half a billion euro in investment...
Major Traders Exported EUR1.3B Worth Of Grain Over Past 12 Months
Romania’s major grain traders such as Cargill, Alfred C. Toepfer, Glencore and Nidera exported grain worth EUR1.3 billion from June 2010 through 2011, according to Victor Beznea, president o...
Heidi Chocolat’s 1Q Sales Up 20% Fueled By Exports
Heidi Chocolat Romania, the company that owns a chocolate plant on the outskirts of capital Bucharest, says its turnover was up 20% in the first quarter of the year, driven mainly by an incr...
Bucharest Bookstore Chain’s Sales Still Impacted By Economic Crisis
A book now spends nearly six months on a shelf in a bookstore before it finds a buyer, as more and more Romanians choose to buy books sold at a discount from newsstands, hypermarkets or onli...
Beer Sales Down 2% In First Quarter
Sales of beer in Romania dropped by 2% in the first quarter compared to the same period of last year, and by 25% compared to the first quarter of 2008, which was the best year for the indust...
Mega Image To Invest EUR50M In Romania By Yearend
Retailer Mega Image planned total investments of EUR50 million in Romania this year, to open a warehouse and launch 23 stores, of which 8 have already been opened since January.
Nova Imobiliare Invests EUR42M In Retail Project Near Bucharest
British-owned Nova Imobiliare on Thursday said it will invest EUR42 million in the first phase of the Colosseum retail project outside Bucharest, which will be opened in fall this year.
Domo's Sale Enters Finishing Straight
The sale electronics and home appliances retailer Domo has entered the finishing straight, as bids need to be submitted by July 15, according to Lorand Szarvadi, founder and minority shareho...