Retail & FMCG - Business Review

Retail & FMCG

Profi has a new CFO

Retail & FMCG May 02, 2012 07:56 0 comments

Dumitru Dragomir will be the new CFO of retail chain Profi Rom Food as of May 7. He replaces Carel Bruseker, the Dutch who managed Profi’s finances since 2009, when the company was taken over…more »

Praktiker Romania’s decline continues: sales drop 11.2 percent in Q1 2012

Retail & FMCG April 27, 2012 11:00 0 comments

Praktiker Romania’s sales in the first quarter of this year amounted to EUR 32.1 million down 10.6 percent (-11.2 percent like-for-like). The German DIY retailer’s sales on the local market have been on downward trend…more »

Carrefour confirms the opening of Ploiesti mall for this November

Retail & FMCG April 26, 2012 09:15 0 comments

Amidst media rumors that it could exit the local market, Carrefour Romania has announced today it will officially open the EUR 65 million shopping mall it develops in Ploiesti in partnership with New Europe Property…more »

Local retailer Succes buys four of the Pic hypermarkets

Retail & FMCG April 25, 2012 13:53 0 comments

Four of the insolvent Pic hypermarkets, will be taken over by Succes, a retail network owned by businessman Nicolae Sarcina from Gorj.  The Pic hypermarkets, which are owned by businessmen Ilie and Cornel Penescu, entered…more »

Mega Image Banu Manta

Mega Image opens two new stores today

Retail & FMCG April 25, 2012 13:08 0 comments

Belgian retailer Mega Image continues expansion by opening two more stores today in Bucharest – a supermarket covering 325 sqm at 5, Romancierilor Street and a Shop&Go proximity store with a surface of 100 sqm…more »

Hame Romania boosts sales by 58 percent in Q1 after relaunching Antrefrig campaign

Retail & FMCG April 23, 2012 13:06 0 comments

Local canned food producer Hame Romania has managed to increase its turnover by 58 percent in Q1 2012 y-o-y, mainly due to the relaunch of the Antrefrig product line at the beginning of this year,…more »

H&M opens Craiova store on May 3rd

Retail & FMCG April 23, 2012 08:48 0 comments

Swedish fashion retailer H&M has announced it will open its 13th store on the Romanian market on May 3rd in Craiova.  The outlet will be located on the grounds of the Electroputere Parc shopping and…more »

Ursus Breweries sold 8 percent less beer last year following de-stocking and fiercer competition

Retail & FMCG April 19, 2012 13:13 0 comments

Ursus Breweries, the local division of SABMiller and the biggest player on the Romanian beer market, has reported an 8 percent decrease in sales volumes in for the 2011 – 2012 fiscal year which ended…more »

Cigarette smuggling remains stable at 13.4 percent this March

Retail & FMCG April 17, 2012 10:05 0 comments

The level of the local black market for cigarettes has remained constant this March at 13.4 percent of the total market, according to data from Novel Research. In January 2012, the black market reached 13…more »

Ethnic food stores bring touch of spice to Bucharest

Food & Wine April 17, 2012 08:49 0 comments BR Exclusive

Are you in the mood for some Indian garam masala, Italian burrata di bufala, Jamaican jerk spice or perhaps a few French Perigord truffles? Then you’re in luck, because all of the above can now…more »