3 iun 2014

The “bricks” of toy producer Lego are now sold in 200 stores in Romania, led by hypermarket chains and specialized stores, around two years after the Danish giant’s direct entrance on the more

2 iun 2014

Real hypermarkets reported losses of almost 304 million lei (EUR68.7 million) last year, the steepest since the company entered the Romanian market in 2006, according to Trade Registry data. more

2 iun 2014

Tire producer Pirelli Tyres Romania has planned investments of EUR105 million in its plant of Slatina in the 2013-2017 period, a sum to which the Romanian government contributed EUR35 million. more

2 iun 2014

Ferrero Romania, the domestic subsidiary of Italy’s sweets producer, has in recent years become one of the largest players in the chocolate industry, with revenue of around EUR42 million in 2012, more

2 iun 2014

Consumption gave real signs of a rebound in 2014, with visible effects both in stores and in Bucharest’s old town, as well as in real estate, says Jean Baptiste Dernoncourt, the head of more

2 iun 2014

Lukoil Romania, which owns a 300 filling station network, saw revenue tumble by over 17% last year, after the Russian-held business had advanced gradually since 2009, getting beyond the level reported more

2 iun 2014

Steinhoff group, owner of kika furniture and home décor stores, appointed Akos Forras, currently the chief executive officer of Hungary’s Quattro Mobili retailer, at the helm of the Bucharest unit. more

2 iun 2014

Martin Schuldt, the head of Cargill, left Romania at the end of last week after an almost 10-year term at the helm of Romania’s biggest agribusiness group. more

1 iun 2014

Enel, Romania’s largest private electricity distributor, in 2013 reached revenue of almost EUR1.5 billion, up 7% on the year. The figure represents the total revenue derived by the companies through more

30 mai 2014

The load factor on Bucharest-Tulcea route, operated only by TEN Aiways airline, stood at 35-40% on the first flights, which is “encouraging”, states Catalin Butu, general manager of the airline. more

30 mai 2014

Dragos Petrescu, who controls the City Grill restaurants and manages Caru’ cu Bere, said 15%-20% of the 10,000 clients visiting the group’s units on a daily basis are foreign tourists. more

30 mai 2014

Brasov-based group Sergiana operating in the food industry, one of the ten largest businesses in Brasov county, overshot the EUR40 million sales mark in 2013, due to a 10% increase, according to ZF more

30 mai 2014

Algocalmin, one of Romania’s oldest medicine drug brands, registered sales of more than 10 million packs between April 2013 and March 2014, flat from the year-earlier period. more

30 mai 2014

French group Carrefour, already present in Romania with around 150 stores operating under four concepts, has introduced the Contact brand on the Romanian market this year, which it plans to launch in more

30 mai 2014

Brioche Doree, the café brand brought in Romania by the head and shareholders of group Kenvelo together with a French partner, is going to add at least five units in shopping centers like AFI more

30 mai 2014

Final regulated prices of natural gas for non-household consumers surged 44% during the 2009-2014 period, in the context in which the industry burnt 9.5 billion cubic meters of gas in 2013, down 30% more

29 mai 2014

Brasov-based Apemin ZIZIN, the producer of the ZIZIN natural mineral water brand, expects revenue of EUR15 million this year, up around 50% from 2013, according to ZF calculations based on company more

29 mai 2014

The decline of bank interest rates below 4% a year has hindered the appeal of deposits as a savings tool and bank clients are seeking more profitable alternatives. more

28 mai 2014

Romaqua Group, Romania’s largest producer of natural mineral water, ended last year in the black after having piled up losses of 12 million lei (around EUR2.7 million) during the 2011-2012 period, more

28 mai 2014

Unilever South Central Europe registered revenue growth of around 5% last year, and the Romanian market boasted the best performance in the group of eight countries in the region. more

28 mai 2014

Iasi-based Agrocomplex Lunca Pascani, which owns 3,200 hectares of farmland and 1,000 cows, saw its revenue go up by 29% last year, to 26.5 million lei (EUR6 million) in the wake of investments more

28 mai 2014

Agriculture has gained importance in bankers’ eyes since the crisis onset, advancing from 2.2% in the total portfolio of the banking sector in 2008, to 3.6% in 2012, but the level stayed unchanged more

28 mai 2014

Heineken Romania brewer in 2013 posted net profit of 159.9 million lei (EUR36.2 million), down almost 14% from 2012. This is the sharpest profit slump in the past three years for Heineken, Romania’s more

28 mai 2014

Romania has become the 16th most important country for Vestas, Europe’s biggest wind turbine producer, after the Danish company installed another 140 windmills locally in 2013. more

28 mai 2014

The year 2013 brought a surprise change at the peak of the Romanian drug industry, with Switzerland’s Roche gaining the top spot amid the largest players on the local profile market, after reaching more