Retail&Consumer
Agricola Bacau Eyes 9% Hike In 2011 Sales, To RON443M
Romanian group Agricola Bacau on Thursday said it expects sales to rise 9% on the year in 2011, to more than 443 million lei (some EUR108 million), since poultry meat price is set to rise 10...
Mic.ro Opened 461 Grocery Stores In One Year
Businessman Dinu Patriciu's Mic.ro launched a total 461 grocery stores in Romania within its first year of activity, the company said in a news release Thursday.
CBRE: Retailers Still Maintain High Interest For Romanian Market
Romania ranks third of 73 countries in the world by the number of retail brand entries in 2010, in a survey of real estate consultancy firm CB Richard Ellis.
SABMiller Romania Volumes Drop 8% On The Year In 2010-2011
Brewer SABMiller’s Romanian sale volumes dropped 8% in the fiscal year 2010-2011, compared to the previous fiscal year, mainly because of the economic recession and the government’s austerit...
Unirea Shopping Center 2010 Net Profit Halves To RON5.9M
Romania’s Unirea Shopping Center (SCDM.RO) Monday said its net profit more than halved to 5.9 million lei (EUR1=RON4.0869) in 2010, from RON12 million a year earlier.
Romanian Alumil Sees More Than Double Profit In 2011
Alumil Rom Industry (ALU.RO), the Romanian unit of Greek aluminum processing group Alumil Mylonas, estimates a net profit of 3.48 million lei (EUR1=RON4.0869) for 2011, more than double on t...
Billa Romania Invests EUR3M In Facelifts At Two Stores
Retailer Billa invested more than EUR3 million in remodeling two Romanian stores, in Bucharest and Timisoara, increasing the fresh food section by more than 70%, Billa Romania chief operatin...
Romanian Mobexpert Sees 2011 Sales Flat On Year At EUR115M
Romanian furniture group Mobexpert expects sales to stagnate in 2011, near EUR115 million, despite a 5% year-on-year decrease in first quarter sales, group owner Dan Sucu told MEDIAFAX in a...
Carrefour 1Q Sales In Romania -0.6% On Year To EUR267M
French retailer Carrefour on Thursday said first-quarter sales in Romania fell 0.6% on the year to EUR267 million, despite a positive a positive impact from a growing territorial network.