Whereas 2009 was the year of discounters, in 2010 it was supermarkets' turn to become the most dynamic segment of modern retail. read more...

Ursus brewery and Libertatea furniture producer, two centres with an over 100-year history, are closing, after Cluj has lost a large part of the dairy, sweets or apparel industries in the last decade. read more...

One of the most frequent questions at the start of this year is linked to December sales and this is so because for many industries this month's revenues make up as much as 30-40% of annual turnover. read more...

This year will see three of Europe's biggest retailers enter the Romanian market, which could change the face of Romanian retail, a 20 billion-euro market. read more...

Ioan Niculae, considered one of the wealthiest people in Romania, and known especially for his businesses in the chemical fertilisers industry through the InterAgro group, decided to focus on several sectors, all of which having to do with consumer goods. read more...

Poland's Tymbark Maspex company, the biggest nectar producer domestically, is likely to tackle the mineral water segment, a 300m-euro market, after having recently added "production of mineral water and other bottled waters" to its core business, as revealed in the Official Gazette. read more...

The turnover of insolvent bookstore chain Diverta fell by 26.6% in the first eleven months of this year against the similar period of last year, to 18.8 million euros. read more...

The creditors of satellite TV services provider DTH Television Grup (Boom TV), which became insolvent in mid this year, failed to reach an agreement on the strategy to sell the company's assets, representatives of Casa de Insolvenţă Transilvania (CITR) insolvency firm, the company in charge of the operator's reorganisation, told ZF. read more...

Labormed drug producer, owned by Advent International investment fund, has budgeted a 25% turnover increase for 2011 from the 70-75m-euro level reached this year. read more...

Businessman Gruia Stoica, who controls Grup Feroviar Român GFR), the biggest private railway operator on the Romanian market, a part of Grampet, took over the rolling stock and 350 employees of Rompetrol Logistics (RPL), a company held by KazMunaiGaz. read more...

Whereas 2009 was the year of discount chains, this year it was supermarkets' turn to become the most dynamic segment in modern retail. 2010 saw the opening of more than 40 supermarkets, with the most active players on this segment being Mega Image with 21 stores in 2010, Billa with 13 and Carrefour with 10, according to ZF data. read more...

Constanta could become Romania's second busiest city on the shopping segment after Suceava, with two new malls in the process of being built - Maritimo and Cora -, which will bring investments in the city's shopping centres and hypermarkets to nearly 500 million euros. read more...

Romanian wood exports annually go beyond one billion euros and are mainly operated by foreign players, most of them Austrians, which have invested hundreds of million euros on the domestic market and are now directing production to foreign destinations where prices are 5-10% higher. read more...

According to sources on the market, the National Post Office Company was fined by the Competition Council with over 24 million euro representing 7.2% of its business profits. The accusation was brought by an abuse of its leading position on the market. read more...

Pepe Berciu, a shareholder in BDG Import, one of the biggest importers of alcoholic beverages domestically, says 2010 was very good for the company, and when he draws the line at the end of the year he expects turnover to top the increase reported after the first ten months, of 20%, in RON. read more...

Romania's biggest iron-and-steel complex ArcelorMittal Galaţi, controlled by billionaire Lakshmi Mittal, will in early January restart the furnace stopped a month ago on the falling orders from Turkey. read more...

Ali Ergun Ergen, CEO of Băneasa Developments, which manages Băneasa retail park in northern Bucharest, says the crisis is a thing of the past for the project he runs, after reporting a 10-15% rise in visitor and sales numbers against last year. read more...

The producer of Tuborg and Carlsberg beer, Granini soft drinks and Bilbor mineral water, looking back at this year's performance, says beer sales have gone down by 7% on the entire market, while the decline of non-carbonated drinks amounted to 15% compared with 2009. read more...

The management of STX OSV shipyard (the former Aker Tulcea), controlled by South Korea's STX Shipbuilding, says it has managed to turn around the company financially this year, so that 2010 will be a profitable year. read more...

DIY store chain Dedeman, founded by Bacău businessman Dragoş Pavăl, 44, could reach over 300 million euros in turnover this year, considering that the company's owner says the 15% turnover growth target "has long been exceeded". read more...