Fri, Feb 10 2012

EU27 retail trade down 1.2% in February

Mon, Apr 06 2009 15:31 CET

byAlex Bivol

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EU27 retail trade down 1.2% in February

Photo: Sanja Gjenero/sxc.hu

Retail trade in the European Union fell down by 1.2 per cent month-on-month in February, and was 0.6 per cent lower in the euro zone, according to first estimates released by Eurostat, the Statistical Office of the European Communities, on April 6.

In January, retail trade rose by 0.7 per cent in the bloc as a whole (EU27) and 0.1 per cent in the euro zone, according to revised Eurostat data.

The member states of the euro area are Belgium, Germany, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

In February 2009, compared with February 2008, retail trade of "food, drinks and tobacco" dropped by 3.7 per cent in the euro area and by 2.8 per cent in the EU27. The non food sector fell by 3.7 per cent and 3.0 per cent, respectively.

Among the member states for which data are available, total retail trade fell month-on-month in 13, remained unchanged in Denmark, Finland and Sweden and rose only in Poland, Eurostat said in a statement. The largest decreases were observed in Romania, Estonia and Latvia.

On an annual basis, total retail trade fell in 15 countries and rose only in Poland and Belgium. The largest decreases were observed in the three Baltic States.

In Bulgaria, retail trade fell 1.4 per cent month-on-month and and 6.4 per cent year-on-year, Eurostat data showed.

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Appointments

British Council

British Council

Lyubov Kostova was appointed country manager of British Council Bulgaria effective January 1, replacing Tony Buckby, who left in October 2011 to take a similar position at British Council Greece. Kostova has been with British Council Bulgaria for 11 years, as public communications manager and, since 2008, as the head of project and partnerships department. Prior to joining the British Council, Kostova was head of international activities at the National Academy for Theatre and Cinema Arts (NATFIZ). She has a degree in Indian studies from Kliment Ohridski Sofia University.

CEZ

CEZ

Stefan Apostolov is the new chief executive of CEZ Razpredelenie Bulgaria, the power transmission subsidiary of Czech energy company CEZ in the country. He replaces interim chief executive Ales Damm, who remains the chairperson of the CEZ Razpredelenie management board. Apostolov has 30 years of experience in the energy sector, joining CEZ in 2007 as director of customer service and was later appointed as head of business development. Apostolov has a master's degree in electric systems from the Belorussian National Technical University in Minsc, management diplomas from Open University London and New Bulgarian University, as well as a master's degree in business administration from Plovdiv University.

BASF Bulgaria

BASF Bulgaria

Valentina Dikanska is the new general manager of chemical industry giant BASF subsidiary in Bulgaria, taking over from Herbert Fisch, BASF vice president for Southeastern Europe. Dikanska, who started her career as an expert in the Finance Ministry, joined BASF Bulgaria as director of finance and administration in 2002. She becomes the first Bulgarian to hold the top management position in the company in its 40-year history on the Bulgarian market. Dikanska holds a master's degree in economics from the University for National and World Economy in Sofia.

Rompetrol Bulgaria

Rompetrol Bulgaria

Alexander Albin has been appointed chief executive of fuel distributor Rompetrol Bulgaria, replacing Nichita Sorin, who left to become chief executive of Rompetrol Gaz in Romania. Albin was previously chief executive of Rompetrol Georgia. He has more than 15 years of experience in the oil and gas industry; prior to joining Romania's oil group Rompetrol in 2008 as an adviser, he oversaw operations at Atyrau refinery in Kazakhstan, owned by Rompetrol's parent company KazMunaiGaz. He previously held top management positions at two other leading Kazakh oil and gas companies.

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