Retail&Consumer
Farmec 1Q Revenue Up 15.6% To RON24.4M
Romanian cosmetics maker Farmec Cluj-Napoca on Monday reported revenue of 24.4 million lei (EUR5.9 million) in the first quarter, up 15.6% on the year, on increased sales of Gerovital produc...
Benvenuti: Price Is Still Main Purchase Criterion For Romanians
Footwear and accessories retailer Benvenuti boasted the best sales since the company's set up in 2010, since turnover rose 31% to 46.2 million lei (around EUR11 million) and the company step...
Kandia: Difficult Start Of Year, Despite Optimistic Forecasts
Chocolate manufacturer Kandia, one of the best-known local brands, says the beginning of the year was difficult despite optimistic forecasts made in January 2011.
Electroarges 1Q Net Profit Rises To RON2.7M
Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) Thursday said its net profit rose 44% on the year to 2.71 million lei (EUR0.66 million) in the first quarter, on h...
Dinu Patriciu To Launch Macro Network Next Week
Romanian businessman Dinu Patriciu on Thursday said he will launch next week the Macro store chain, after rebranding the miniMax Discount chain, which he bought in August 2010.
FM Logistic Invested EUR15M In New Logistic Platform
FM Logistic, a logistics solutions company, with such clients as Cora, Sanofi-Aventis, Kraft Foods or Coca Cola in its portfolio, has finalized its EUR15 million investment in the logistic p...
New Turf To Conquer For Cosmetics Producers: Men
Men's cosmetics account for 20% at most of a total market valued at $800 million, but the number of men paying more attention to how they look is widening and is attracting producers' attent...
Altex Sales Rose 7% In 2010 To EUR195M
Romanian household appliances and electronics retailer Altex posted sales of EUR195 million in 2010, up 7% on the year, the company's owner and president Dan Ostahie said Wednesday.
Iulian Dascalu Signs With C&A, Now Has Contracts With Fashion's 'Big Four'
Businessman Iulian Dascalu, 41, owner of shopping center chain Iulius Mall, is the first Romanian to have brought into his malls the biggest fashion players - Inditex, H&M, New Yorker and C&...