02.02.2015

The consumer lending growth that had restarted last summer stopped at the end of the year again, so new sales in November and December did not offset loan repayment and written off non-performing more

01.26.2015

Romanians spend RON200 on average each month on foodstuffs and spirits and non-alcoholic drinks, with the largest part of this sum, almost 45%, being used for buying meat and bakery products. more

11.27.2014

RON-denominated consumer loans totaled 23.8 billion lei at the end of October, up almost 3%, and RON600 million respectively, from the year-earlier period. Against September, the volume of such more

10.30.2014

RON-denominated consumer loans stood at 23.6 billion lei in late September, up almost 2% or the equivalent of RON300 million from the year-earlier period. On the month, the stock of these loans added more

10.06.2014

German-held cosmetics and fast-moving consumer goods retailer dm drogerie markt is set to open its 68th store in Romania, in mid-October, in Targu-Jiu. This will be the company’s second opening this more

09.29.2014

Supeco Investment company, set up this spring by Carrefour Romania (with a 90% stake) and Artima (10%) late last week opened the first store in Romania, in Ramnicu-Valcea, a unit with a 1,700-sqm more

09.05.2014

Romanian cardboard packaging producer Ecopack Ghimbav, controlled by businessman Vladimir Cohn, counts on a 10% production capacity increase after the company completes, this autumn, an investment in more

09.05.2014

Piraeus Bank, a Greek-held medium-sized player in Romania’s banking system, in January-July 2014 released retail loans matching the value of loans granted in the entire 2013 and reached monthly more

08.29.2014

Romanian currency-denominated consumer loans in July registered the first annual increase in the past five years, reaching RON23.5 billion, 0.1% above the level of the same period of 2013, according more

08.28.2014

Although the Romanian economy has posted growth over the last 18 months, consumers have felt no impact, according to a survey by market research company GfK, and expectations regarding the economy, more

08.28.2014

Ziarul Financiar tracked the prices of ten core items in Romanians' baskets over the past six years and analyzed their trend in the May 2008-August 2014 period, when the consumer price index rose by more

07.30.2014

The leu consumer loans, whose resurgence bankers expect to boost their revenue, are being offered at a more than 10% yearly interest, even though banks pay 2% to 3% for deposits from consumers and more

07.09.2014

Consumer lending companies part of the ALB Romania association expect a growth of at least 10% in financing volumes, as consumer lending has picked up in the first half of the year. more

06.03.2014

Romania’s largest bank Banca Comerciala Romana (BCR) granted over 65,000 consumer loans in the first five months of the year, up 70% from the corresponding period a year earlier. more

05.30.2014

Consumer confidence in the Romanian economy rose at the fifth fastest pace in Europe during the first quarter, a survey from market researcher Nielsen showed Friday. more

05.14.2014

Romanians purchased 50-55 million euros worth of shampoo in 2013, when over 60% of the market was shared by three international giants, namely Procter&Gamble, Unilever and L’Oreal. P&G, including more

05.05.2014

Romanian consumers remain gloomy about the economy after the first three months of the year and they don’t expect to see much improvement in the upcoming period either, a survey from market more

04.10.2014

Slovenian electricity trader GEN-I says it is interested in supplying natural gas and wants to find end power consumers in Romania, after having signed one of the largest deals ever conducted on the more

04.02.2014

Top Brands Distribution (TBD), a top player in the consumer goods industry, entered insolvency in March, thus raising the number of companies with revenues of more than EUR100 million that have more

03.25.2014

Banks are trying to revive sale of consumer loans by charging lower interests and cutting fees, now that the crisis has eaten into their revenue and profits. more

03.07.2014

Henkel Romania expects growth in 2014 encouraged by a slight rebound in consumer spending, after having seen its revenue inch up to 612.5 million lei (EUR136 million) in 2013 on the back of market more

02.04.2014

Retail sales, the best indicator of the trend of consumer spending, unexpectedly rebounded by 6.7% in December, the National Statistics Institute announced on Monday. more

01.23.2014

Romanians are optimistic regarding economic development in the following 12 months and both their willingness to buy and income expectations are rising, a survey from market researcher GfK showed. more

01.07.2014

The executives in modern retail expect a slight economic rebound this year because of a good farming season and a new increase in exports. more

12.03.2013

The most valuable consumer goods companies in Romania are worth over EUR2.2B, according to this year’s edition of the Top 100 Most Valuable Companies in Romania launched last week. more