Retail&Consumer
How Will Lidl Change The Face Of Retail?
The entry of Germany's Lidl on the domestic market will change the face of Romania's modern retail, a business of EUR7-8 billion annually, with the company set to swallow market share from t...
Profi Names Gaetan Pacton As COO
Romanian retailer Profi Rom Food on Wednesday said it has appointed Gaetan Pacton as its new chief operating officer.
Carlsberg UK Boss To Romanian Brewers: Go In Pubs To Take Market Pulse
Isaac Sheps, currently CEO of Carlsberg UK, a former chairman of Tuborg Romania, says any manager in the beer industry needs to go to pubs and talk to people because this is the only way one...
Praktiker and Bricostore Lost A Third Of Market In 3 Years
France's Bricostore and Germany's Praktiker DIY networks, which opened the first large constructions and home improvement stores almost ten years ago, reached a cumulated market share of 34....
Boromir Prod's Net Profit Halves To RON1.9M In First Quarter
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) Tuesday said its net profit halved to 1.9 million lei (EUR464,000) in the first quarter, despite a 22% increase in sales to R...
Illegal Spirits Sales Reached About EUR750M In 2010
Illegal spirits sales in Romania stood at between EUR700 million and EUR750 million last year, or 60% of the overall spirits market, according to the Garant association comprising most of th...
Durable Goods Market Widens 10% In First Quarter - GfK
The durable consumer goods market widened by 10.7% on the year in the first quarter of 2011, to EUR307 million, according to a GfK Temax survey released Tuesday.
Senate Adopts Food Content Dot Bill
The Romanian Senate on Monday adopted with 54 to 42 votes and three abstentions a bill whereby food products will have a colored dot on their packaging to signal their healthy or harmful con...
Argus Posts 1Q Net Profit Of RON5.7M, Up 26% On Year
Romanian edible oil producer Argus Constanta (UARG.RO) Monday reported a net profit of 5.66 million lei (EUR1.4 million) in the first quarter of 2011, up 26.3% from RON4.48 million in the sa...