Retail&Consumer
Angst VP Stefan Padure Leaves Company
Stefan Padure, 36, vicepresident of Angst, one of the largest cold cuts producers on the Romanian market, has left the company today, citing personal reasons.
EUR25M Deal Between Billionaires: Tiriac Sells 500 Mercedes-Benz Vans To Patriciu
Casa Auto Bucuresti, a Mercedes-Benz dealer part of TiriacAuto's network, is set to deliver a fleet of 500 Mercedes-Benz Sprinter vans to Mercadia, the retail company owned by Dinu Patriciu...
Agricola Brasov May Seek RON40M For Production
Poultry meat producer Avicola Brasov on Tuesday said it plans to take out a 40 million lei (EUR9.7 million) loan to support production.
Ecological Farming Area Up To 260,000 Ha In 2010
The area of ecologically farmed land has grown in Romania around 15 times in the last ten years, to 260,000 hectares – making up almost 2% of the total farm production, according to the Agri...
Gica Popescu’s Rahova Bazaar To Be Turned Into Supermarket
Four months after opening, the bazaar in which former soccer player Gica Popescu and another two partners invested EUR10 million is set to turn into a supermarket, as the initial business mo...
Prices Of Staple Foods Down By Around 2% In May Against March
Staple foods became 2.1% cheaper in May against March, reveals the ZF index, calculated based on the prices in Bucharest hypermarkets.
Romania’s Largest Cattle Farm Signs Three-Year Exclusive Contract With Danone
The group of German and Dutch investors that earlier this year announced a EUR8 million investment into the largest cattle farm of Romania (2,000 heads), have now signed a contract to sell t...
Sarantis 1Q Sales In Romania Fall To EUR8M
Hellenic pharmaceuticals company Sarantis Monday reported first quarter sales of EUR7.96 million in Romania, down 8.5% from the year-earlier period.
Heineken Romania Pays EUR29 Million In Dividends
Heineken Romania brewer has increased its profitability by at least 50% last year, according to ZF estimations, even though the beer market is still affected by the crisis, having dropped by...