15 ian 2016

Traditional retail numbered 54,000 small stores last year, whose sales reached 33.3 billion lei (EUR7.33 billion), almost 20,000 fewer than in 2008, the last year of economic boom. more

12 ian 2016

Mihai Sindrilaru, the Romanian executive who developed the New Yorker fashion brand in Romania over the past eight years, has become international retail manager for five countries of second hand more

12 ian 2016

German-held discount hypermarket chain Kaufland ended 2015 with EUR2 billion sales generated by a network of 107 stores, according to ZF estimates, following a very good December helped by the food more

11 ian 2016

Decathlon, the leader of the local sporting goods retail market, is now covering all the key areas in Bucharest, following the opening of the store in Baneasa, in the north of the city. This is more

7 ian 2016

December generated EUR3.5 billion to EUR3.7 billion sales for retailers in Romania and most of the money went to food, while the rest went to clothing, cosmetics, computer and electronics products, more

7 ian 2016

Otter Distribution, one of the largest local footwear retailers, ended last year with EUR26 million sales, an increase of more than 10% on 2014. The growth drivers were the rise in consumer spending more

6 ian 2016

Discount store operator Rewe Romania, which has two brands on the local market – Penny Market and XXL Mega Discount, wants to open 20 to 25 stores annually over the next few years for a total of more

5 ian 2016

Modern retailers opened almost 200 new stores in 2015, keeping the same expansion pace as in the last few years. They mostly opened smaller stores, that is supermarkets and convenience stores. more

27 dec 2015

The best-sellers of 2015 were NorielPad tablets, iDrive cars and licensed merchandise such as Frozen products, toy retailer, distributor and manufacturer Noriel announced. more

27 dec 2015

Bicycle plant VeloCity Resita in Caras Severin County (SW Romania) has received orders to make one million bicycles over the next two years and will have to hire 50 more people to complement the more

24 dec 2015

BCR, the largest local bank, has sold a set of non-performing corporate loans with a face value of EUR1.2 billion to a consortium comprised of Deutsche Bank, IFC and APS. This is the largest NPL deal more

21 dec 2015

Noriel Group, a toy retailer, distributor and manufacturer, wants to reach 100 stores in Romania in five years, twice as many as it has today and three times higher revenue, EUR100 million. more

15 dec 2015

The 12 foreign networks operating in Romania’s modern retail sector currently hold 2.3 million square meters (230 hectares) of hypermarkets, supermarkets, discount and cash & carry stores. more

14 dec 2015

Management changes, new concepts developed and takeover talks reconfigured local modern retail in 2015, market with 1,600 stores and EUR8.5 billion sales a year. more

9 dec 2015

Swiss-held Nestle is putting up for sale plots of land in seven counties in Romania totaling almost 10,000 square meters, according to ZF’s calculations based on the Official Gazette data. more

7 dec 2015

Romanian consumers will spend about 350 million lei (EUR78.3 million) on butter this year, as the butter market has been seeing steady growth over the past few years, after the product was deemed more

3 dec 2015

Six of the best known hangouts in Bucharest’s Old Town, including the City Grill restaurant on Lipscani Street, the Biutiful bar and Club Fire, closed last week, once President Klaus Iohannis more

30 nov 2015

Belgian-held retailer Mega Image, which operates several store formats and brands in Romania, has grown to 456 stores in the country, after having opened 46 supermarkets and convenience stores since more

26 nov 2015

Local entrepreneurs have turned their attention to Africa in the past few years, an area whose economy is underdeveloped but is home to more than one billion people. more

19 nov 2015

BriseGroup, founded by Romanian entrepreneur Marius Bucur, has diversified its operations, adding a clothing plant in Constanta and six stores in malls throughout Romania to its agricultural business. more

18 nov 2015

German-held home appliances manufacturer Miele, which has a component plant in Brasov County, Romania, started development of a local software division. more

17 nov 2015

Romania’s largest home appliances manufacturer Arctic Gaesti reached more than 3,000 employees by mid-year, about 600 more than at the end of 2014. Revenue was up 11% to 770 million lei (EUR173.5 more

17 nov 2015

The closing of the 75 brick-and-mortar stores of computer and electronics retailer Domo gives a chance for expansion to its direct competitors Flanco and Altex, which will take over more than ten more

16 nov 2015

Computer and electronics retailer Domo, one of the largest in its business, will close all its brick-and-mortar stores to focus only on online operations, market sources say. more

16 nov 2015

Romanians spend about EUR200 million a year on buying apparel and footwear online or 5% of the total market, ZF has calculated based on market research company Euromonitor data. The percentage may be more