Retail&Consumer
Ursus Won't Close Any More Plants
Gary Whitlie, chairman of Ursus Breweries, the biggest player in the Romanian beer industry, is waiting to open in the next few weeks a mini-brewery on the location of a plant that the compa...
Patriciu Plans To Open 97 New Macro Stores And Rebrand 53 By Yearend
Businessman Dinu Patriciu will invest between EUR150 million and EUR200 million this year in the opening of Macro stores and in rebranding the existing Minimax Discount stores, according to...
Logistic Costs, 10% of Products' Shelf Price, Against 4% in the Netherlands
At least 10% of shelf prices of products in Romanian stores are accounted for by logistic costs, namely transport and storage, compared with 4%-6% in the Netherlands and France, says Robin J...
Patriciu Launches First Macro Store In Brasov
Romanian businessman Dinu Patriciu on Thursday inaugurated the first unit of retail chain Macro, which required an investment of more than EUR500,000.
Former Basketball Player Produces Sports Equipment For 15 Teams
Mircea Barna, an entrepreneur of Cluj, former captain of the national basketball team, decided almost 15 years ago that giants such as Nike, Adidas, Puma or Lotto can have a domestic rival i...
Primola Maker Sees 20% Higher Turnover and Rising Profit
Supreme Chocolat, the producer of Primola chocolate, forecasts improved financial results for 2011 though, according to market players, Romanians' appetite for sweets is still very low, with...
Turdean, Farmec: Cosmetics Sales Started Recovery As Early As Last Year
Mircea Turdean, general manager and shareholder of Cluj-Napoca-based Farmec, the biggest wholly Romanian-owned cosmetics maker, says spending on cosmetics products started to rebound as earl...
Mahu, La Mama: Historic Downtown Can't Live With Restaurants And Coffee Shops Alone
Catalin Mahu, who owns La Mama restaurant chain and Cafepedia coffee shops, says he is not feeling any market revival, though the economy has theoretically exited recession, after it rose by...
Buy Food Industry Stocks To Hedge Against Price Increases
One way to hedge against the wave of food price increases is investing in food producers. The shares of edible oil producer Argus Constanta (UARG.RO) and poultry meat processor Avicola Buzau...