Retail&Consumer
Ovidiu Sandor Makes EUR8M From Offices And Luxury Clothing
Ovidiu Sandor, president of Moda-Tim, has made a business out of taking advantage of the office space shortage in Timisoara and of the tradition in the clothing industry of a company that ma...
Camelia Sucu Branches Out Into Farming
Camelia Sucu, one of the wealthiest Romanian businesswomen, owner of luxury furniture retailer Class Living, wants to "reinvent" herself and start a business from scratch in agriculture.
Mega Image Rolls Out Store After Store
Retailer Mega Image, which owns Mega Image supermarkets, Red Market discount stores and Shop&Go proximity stores on the Romanian market, is set to open another two units in the following wee...
Most Urban Romanians Remain Wary Of Large Acquisitions - Poll
A recent poll by Romanian research firm ISRA Center Marketing Research shows that only a handful of Romanians in urban areas plan to buy a home or a car within the next 12 months.
Fabryo Names Dragos Militaru As Chief Marketing Officer
Romanian paint and lacquer producer Fabryo Corporation recently appointed Dragos Militaru, former marketing and sales manager of UPC Romania, as chief marketing officer, starting May.
In Times Of Crisis, Consumers Reconsider Appliance Purchases
In the past two years, Romania's home appliances market has been through troubled times, with declines of hundreds of millions of euros. The purchasing power collapse changed many consumer o...
Interex Due To Arrive In Bucharest
Interex, the only retailer not present in Bucharest, plans to tap into the capital city--the most crowded domestic market, concentrating around a quarter of the total number of stores in mod...
Burberry and Escada Clothes Leave Timisoara Up To 8 Times Cheaper Than The Store Price
Timisoara-based clothing manufacturer Moda-Tim, controlled by businessman Ovidiu Sandor, produces clothing for luxury brands such as Burberry and Escada, whose factory price accounts for jus...
Federation Of Agricultural Producers Warns Food Prices Will Go Up
The National Federation of Romanian Agricultural Producers (FNPAR) warned that the unfavorable weather conditions and lack of agricultural strategies will force up food prices in the upcomin...