Retail&Consumer
Albalact 1Q Net Profit Falls 75% To RON2.6M
Dairy maker Albalact Alba Iulia (ALBZ.RO) Monday reported a 75% drop in its first quarter profit to 2.6 million lei (EUR0.63 million), despite a 32% increase in sales.
Bakery Firm Titan Sees 2011 Sales Up 9% to RON283M
Romanian bakery company Titan (MPN.RO) expects sales of 282.9 million lei (EUR69.4 million) this year, up 8.7% from RON260.1 million in 2010, the company said Friday in a statement.
DIY Chain Praktiker's 1Q Sales In Romania Fall 30% To EUR25.8M
German DIY retailer Praktiker on Friday reported a 29.5% drop in first quarter sales in Romania, to EUR25.8 million, citing difficult macroeconomic conditions.
Competition Council Fines Profi, Produce Supplier With RON16.7M For Price Fixing
The Romanian Competition Council has fined with a total 16.7 million lei (EUR4.1 million) local companies Interfruct, Albinuta Shops and Profi Rom Food for fixing the retail price of fruits...
Bakery Firm Boromir Prod Eyes RON3.86M Net Profit In 2011
Romanian bread and pastry maker Boromir Prod Buzau (SPCU.RO) Thursday said it expects a net profit of 3.86 million lei (EUR949,000) this year, significantly higher than RON507,000 in 2010.
Albalact 2010 Sales Rise 14.6% On Year, To RON261.2M
Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) posted sales of 261.2 million lei (EUR64 million) last year, up 15.6% from RON225.9 million in 2009, the company said in a news release Wed...
Bucharest City Mall To Be Put On Sale For EUR26.2M
Bankrupt shopping center City Mall, in Bucharest, will be put on sale for the third time on May 16, at EUR26.2 million, after two previous failed attempts, Wednesday said Radu Lotrean, partn...
Agricola Bacau Posts RON105M Sales In 1Q
Romanian group Agricola Bacau posted sales of 104.8 million lei (EUR25.7 million) in the first quarter of the year, up 10% on the same interval of 2010, fueled by increases in most market se...
Farmec Eyes Retail Expansion To Poland, Ukraine And Moldova
Romanian cosmetics producer Farmec Cluj-Napoca plans to expand its international retail network to include the markets in Poland, Ukraine and Moldova, the company said Tuesday.