Retail & FMCG - Business Review

Retail & FMCG

Danone Romania reports 5.7 percent turnover increase for 2011

Retail & FMCG May 17, 2012 09:09 0 comments

Danone’s turnover in Romania amounted to RON 503 million (about EUR 119 million) in 2011, up 5.7 percent y-o-y, while sold volumes were flat. The growth rate is below the one reported for the previous…more »

Le Manoir opens two Comtesse du Barry stores this May

Food & Wine May 10, 2012 13:19 0 comments

Le Manoir will take its take its network of Comtesse du Barry wine and delicatessen stores to six units this month after it will open two more stores, in Bucharest and in Cluj-Napoca. “Six Comtesse…more »

H&M opens Braila store

Retail & FMCG May 10, 2012 11:14 1 comment

Swedish fashion retailer H&M has opened its 14th store on the Romanian market this Thursday in Braila.  The outlet is located on the grounds of the Promenada Mall shopping center and covers 1,830 sqm. H&M…more »

IMF doesn’t support the government’s proposed VAT cuts

Retail & FMCG May 09, 2012 10:27 0 comments

Cutting the VAT for some sectors or products will not be beneficial to consumers as it often leads to tax evasion, said Jeffrey Franks, head of the International Monetary Fund (IMF)  mission to Romania this…more »

Metro Cash & Carry and Google sign co-marketing partnership

Retail & FMCG May 09, 2012 09:35 0 comments

Metro Cash & Carry will be able to offer its clients Google AdWords coupons after signing a co-marketing partnership with Google Romania, the retailer has announced. The coupons will be offered to clients who register…more »

Lidl opens store in Oradea this week

Retail & FMCG May 09, 2012 08:57 0 comments

Discount retailer Lidl will take its national network to 137 stores after opening a new unit in Oradea this Thursday. The discounter has previously announced plans to reach 200 stores by yearend, investing up to…more »

Macromex appoints new business development director

Retail & FMCG May 07, 2012 14:21 0 comments

Albert Davidoglu has been appointed business development director of Romanian importer and distributor of frozen products Macromex. He has extensive professional experience in the FMCG industry having previously worked for Unilever for the past 14…more »

Ursus Breweries appoints new VP

Retail & FMCG May 07, 2012 11:12 0 comments

Simon Fearnhead has been appointed vice-president responsible for finance, IT, legal and procurement. He is replacing Krzysztof Andrzejewski who became vice president for sales and distribution within the company. Fearnhead has previously served as financial…more »

Escada’s second try in Romania: new store opens today at The Grand

Retail & FMCG May 03, 2012 14:24 0 comments

Romanian fashion designer Romanita Iovan has invested EUR 200,000 in opening an Escada store on the premises of The Grand Avenue in Bucharest. The shopping gallery is part of multifunctional compound The Grand which also…more »

Mega Image Banu Manta

Mega Image opens 9 stores this month

Retail & FMCG May 02, 2012 14:02 0 comments

Mega Image will open tomorrow a new Shop & Go store on Calea Vacaresti. This is the 23rd new outlet opened by the Belgian retailer since the beginning of this year. At present the company…more »