Retail&Consumer
Top Brands Distribution Boss: Layoffs Wouldn't Have Made Any Sense
Wael El Ghadban, one of the three biggest Lebanese investors in Romania, who controls Top Brands Distribution, with turnover worth above EUR320 million, says the biggest income of an employe...
Eurostat: Romania March Retail Sales Rise At 2nd Fastest Pace In EU
Romanian retail sales rose 0.8% on the month in March, the second largest increase in the European Union, official data showed Wednesday.
INS: Adjusted Retail Sales Fell 5.6% On Year In 1Q
Romanian adjusted retail sales declined 5.6% in the first quarter of 2011 compared with the year-earlier period, on falling consumption in all sectors, the statistics institute INS said Wedn...
Mihai Ghyka's Post-Bergenbier Plans Don't Include Entrepreneurship
Mihai Ghyka, one of the best-known Romanian executives, has resigned as general manager of beer producer Bergenbier after a term of just one year and four months, and has been replaced by Je...
Prodlacta 1Q Sales Fall 17% To RON48.5M
Dairy maker Prodlacta Brasov (PRAE.RO) on Tuesday reported sales of 48.5 million lei (some EUR12 million) in 2010, down 17% from RON58.8 million the year before, since competition pressured...
Mihai Ghyka Steps Down As Bergenbier CEO
Romanian brewer Bergenbier announced Tuesday that chief executive officer Mihai Ghyka resigned, and he will be replaced with Jens Hoesel, former chief sales officer of the StarBev group.
Romanian Retail Market Stabilizes, Existing Shopping Centers Have The Edge - JLL
The Romanian retail market continues to show signs of stabilization in the first quarter this year, as developers and retailers are seeking new opportunities for development, real estate con...
Romania To Promote Tourist Brand On Topoloveni Plum Jam's Label
Romania’s tourist brand will be promoted on the label of Topoloveni plum jam ("Magiunul de prune Topoloveni") under a one-year protocol signed Tuesday by the jam’s producer and the country’s...
Shopping Center Operator Cocor Cuts 2011 Sales Forecast To RON26M
Shopping center operator Cocor Bucuresti (COCR.RO) Monday revised downward its forecast on full-year sales to 25.7 million lei (EUR6.2 million), from RON31 million previously envisaged.