Retail&Consumer
Interbrands Executive Goes To Farmexpert
Emilian Trasnea, 40, an executive who had worked for over eight years within Interbrands, the biggest local consumer goods distributor, was appointed CFO of drugs wholesaler Farmexpert start...
Romania To Eliminate Barriers To Opening Hypermarkets, After EU Pressure
Romania's Government, under pressure from the European Commission (EC), has pledged to remove barriers to the opening of retail chains, by no longer requiring the competition's approval and...
Food Processors Accept High Slotting Fees Out Of Fear
Romanian food processors are afraid of the major store chains, which might take their products off the shelf, and therefore accept the highest slotting fees in Europe, Friday said Valeriu St...
Germans Dominate Romania's EUR6B Retail Market
The top ten largest modern retail chains in Romania, a market dominated by German investors, posted EUR6.1 billion in turnover last year, according to ZF estimations, roughly the same as in...
Online Store eMAG Starts Selling Books
Online store eMAG on Friday said it has widened its portfolio to include books, planning to become the top book retailer within the year.
Doncafe Bets On Recovery With Fewer Employees
Strauss Romania, producer of Doncafe coffee, reached 214 million lei (around EUR52 million) in turnover last year, down nearly 25% from 2009, according to data provided by the company.
Romania To Apply Reverse Taxation On Cereal Starting June 1
Romania will apply reverse taxation on cereal and plants with industrial use for about two years starting June 1, according to a draft emergency ordinance drawn up by the Finance Ministry.
Beer Importer Bavarom Posts 27% Rise In 1Q Sales
Romanian beer importer Bavarom Trading, currently undergoing insolvency proceedings, posted a 27% rise in sales in the first quarter, after concluding 2010 with sales of 9 million lei (EUR2....
Paint Maker Deutek Sees 2011 Sales Up 5% To EUR31.5M
Romanian paint and lacquer maker Deutek on Thursday said it plans to increase sales by at least 5% this year, to EUR31.5 million, based on a wider share on the domestic market and increased...