Retail&Consumer
Court Approves Mexxem's Reorganization Plan
The reorganization plan for insolvent Mexxem, owner of the Stone Creek stores, has been approved in court and will be implemented this month, Wednesday said liquidator Casa de Insolventa Tra...
Kosarom To Invest EUR15M In Swine Farm
Romanian group Kosarom will invest EUR15 million in the Suinprod swine farm in Roman, which will be relaunched early next year, group owner Neculai Apostol said Wednesday.
Cris-Tim Seeks To Double Exports In 2011
Romanian meat processor Cris-Tim estimates exports will reach around 25% of total sales in 2011, more than double on the year, the company's owner Radu Timis said Wednesday.
How To Make EUR18M Profit By Selling Cosmetics Through Catalogs
Direct cosmetics sales company Avon Romania generated turnover worth 479.4 million lei (EUR114 million) in 2010, up EUR2 million from the previous year, and similar to the company's all-time...
Dragan’s Appointment To Japan Might Lead To New Promotion, Headhunters Say
Calin Dragan, head of Coca-Cola HBC’s operations in Romania and the Republic of Moldova, will leave for Japan in July, but the company officials remained tightlipped about his future career.
Timisoara Entrepreneurs Propose Beer "Therapy"
Six Timisoara entrepreneurs, some of them working in the IT industry, entered the beer market through a EUR800,000 investment in a factory called Clinica de Bere (beer clinic), which current...
Sonae Sierra To Break Ground On EUR111M Mall
Portuguese Sonae Sierra will start this month construction on the Adora Mall Craiova shopping center, which will entail an investment of EUR111 million.
Ciolos: Romanian Farmers To Receive 42%-68% Of EU Average Vegetable Price As Compensation
Compensation for losses suffered by Romanian vegetable growers following an E.coli outbreak in Europe will range between 41.9% and 67.7% of the EU average price of cucumbers, tomatoes and le...
Bergenbier Ex-CEO Ghyka Joins Vodafone Romania Top Management
Telecom operator Vodafone Romania named Mihai Ghyka as chief commercial officer of the Consumer Business Unit, replacing Karsten Wildberger, who was appointed to a new position within the Vo...