Lidl Opens More Than 30 Stores in 2020

12.16.2020
German discount grocery retailer Lidl has opened 33 stores, either built from scratch or relocated this year, nearing 300 stores in Romania. It will continue expansion in 2021, as well.
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Study: 59% Of Romanians Prefer To Shop In Physical Stores
yesterday, 18:51
59% of Romanian respondents prefer to shop in physical stores (vs. 50% in the Czech Republic) and free delivery is a benefit that would convince... more
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Bookstore Chain Carturesti Expects To End 2023 With 20% Growth
12.07.2023
Bookstore chain Carturesti expects to end this year with 20% higher revenue, as sales went up and the network expanded with stores to several... more
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Statistics Board: Romania Retail Sales Up 1.8% YoY In October 2023
12.06.2023
Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) increased 1.8% in unadjusted data and grew by 1.4% when... more
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Footprints AI And Danubius Launch Retail Media Network In Romania
12.06.2023
Footprints AI, a cutting-edge retail media platform that provides retailers with valuable insights into consumer shopping habits, has partnered up... more
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Made By Society Takes Streetwear Brand To Poland After UK And Bulgaria
12.04.2023
Made by Society, the former Vagabond Studio, one of the most powerful Romanian fashion brands by sales and size of the retail chain, plans to... more
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Cometex, The Real Estate Division Of Altex Group, Opens Retail Park In Ramnicu Valcea In Over EUR11M Investment
11.30.2023
Cometex, the real estate division of Altex Group, the leader of the Romanian electro-IT market and one of the three leading Romanian... more
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Mobexpert Takes Concept Store Format To Ramnicu Valcea
11.28.2023
Furniture retailer Mobexpert will open a new concept store in Romania, in Ramnicu Valcea, on Thursday (November 30), following an about EUR700,000... more
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RetuRO Opens First Regional Center For Beverage Packaging Collection In Bontida, Cluj County
11.28.2023
RetuRO, the administrator of the Deposit Return System (DRS) in Romania, has inaugurated the first regional center for the collection of beverage... more
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JYSK To Open New Store In Ramnicu Valcea on November 30, Reaches 138 In Romania
11.27.2023
Furniture and home product retailer JYSK continues expansion in Romania with the inauguration of a new store in Ramnicu Valcea on Thursday,... more
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Genesis Property Completes Phase 2 Of YUNITY Park Project
11.27.2023
Genesis Property has announced the completion of works on Phase 2 of the YUNITY Park project following an investment of EUR20 million. more
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Anchor Grup’s Retail Portfolio Shows Growth In Q4/2023
11.22.2023
Anchor Grup, one of the most important real estate developers on the local market, announces new names in its retail portfolio, in both shopping... more
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eMAG Opens Toys Shop, The Fifth Online Shop-In-Shop Dedicated To Toys And Games
11.22.2023
Online retailer eMAG is launching the fifth online shop-in-shop which is dedicated to games and toys and groups more than 250,000 products from the... more
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tbi bank: Seven In Ten Romanians Wish To Contract A Personal Need Loan Of RON10,000 To RON30,000
11.21.2023
Personal need loans remain among the most sought-after banking services, with almost 70% of Romanians saying they want this type of loan and over... more
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Primark To Open Third Store In Romania, In Iulius Town Timisoara, In H2/ 2024
11.20.2023
Primark, the international fashion retailer, has announced plans to open a third store in Romania, located in the Iulius Town complex, in Romania's... more
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World Class To Open New Fitness Center In One Cotroceni Park; Reaches 45 Units In Romania
11.20.2023
Fitness center chain World Class is expanding with a new 2, 600-sqm unit within the One Cotroceni Park project in capital Bucharest, developed by... more
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IKEA Sales In Romania Up 14.1% To Over RON1.2B In Fiscal 2023
11.17.2023
IKEA Romania, one of the largest furniture and home decor retailers in the market, posted 14.1% growth in sales to more than RON1.2 billion in the... more
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dm drogerie markt Ends Financial 2022-2023 With 58% Growth In Sales To RON1.3B
11.15.2023
Germany’s drugstore chain dm drogerie markt, which has 139 stores in Romania, ended the financial 2022-2023 (October 1 – September 30) with... more
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evoMAG No Longer Buying Elefant Online
11.13.2023
Online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange, notified its shareholders on Monday evening that it dropped plans... more
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Online Store Spy Shop Expects Sales To Be At Least Triple During Black Friday Than In Regular Month
11.08.2023
Timisoara-based SpyShop SRL, which operates spy-shop.ro, one of the largest online security system stores in Romania, expects to see sales up... more
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Optical Retailer Lensa Continues Fast-Paced Expansion, Opens 35 Stores So Far In 2023
11.07.2023
Optical retailer Lensa has continued fast-paced expansion in 2023 and so far has opened 35 stores, among which its first three international ones,... more

The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
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Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.