Farmacia Tei Replaces Debenhams In Plaza Romania Mall
09.19.2017
Farmacia Tei of entrepreneur Roxana Maftei will open a pharmacy and a Bebe Tei store in Plaza Mall in Bucharest, replacing Debenhams, the fashion retailer that closed all its stores in Romania in early 2017.
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Five Failed Malls Turned Into Plants, Logistics Or Office Space today, 10:41
More than 100 small and large shopping centers have opened in Romania in the past decade but few people know that at least five of them went... more
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PENNY Market Opens Three New Stores In October, Reaches 212 Unit-Network yesterday, 14:23
REWE Romania is opening three new Penny Market stores in Romania, in October, in Iasi, Agigea and Satu Mare, reaching a network of 212 units at the... more
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Farmec Cluj Set To Open Ten Stores In 2018 10.16.2017
Cosmetics manufacturer Farmec based in Cluj-Napoca (NW Romania) will continue expansion of its Farmec and Gerovital single-brand retail chain by 10... more
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Narcoffee Roasters Opens Unit In Prague, The First Outside Romania, In EUR80,000 Investment 10.13.2017
Narcoffee Roasters, the special coffee shop chain launched in Cluj-Napoca by entrepreneurs Marcelus Suciu and Dan Isai, has opened its first... more
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Romanian Consumers Spend EUR83M A Year On Luxury Cosmetics 10.13.2017
One in five lei local consumers spend on luxury cosmetics goes to online stores, market data show. Romanian consumers spend about EUR83 million on... more
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Schwarz Group Accounts For 20% Of Grocery Retail In Romania 10.13.2017
Germany’s Schwarz group, which owns Kaufland hypermarket chain and Lidl discount store chain, now accounts for almost 20% of the grocery retail... more
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Taco Bell Opens Its First Restaurant In CEE, In Bucharest’s Baneasa Shopping City, In EUR350,000 Investment 10.11.2017
Taco Bell, the American chain of fast-food restaurants serving a variety of Tex-Mex foods, will be opening the first restaurant in Central and... more
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Penny Market Expects Sales Growth To More Than RON3B in 2017 10.11.2017
Discount store chain Penny Market will see more than 3 billion lei (EUR656 million) sales in 2017, up about 8% on 2016. more
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Dedeman Buys 2.7 Ha Plot Near AFI Tech Park And Vulcan Value Centre in Bucharest 10.10.2017
DIY retailer Dedeman held by brothers Adrian and Dragos Paval in Bacau has signed the agreement to buy a 27,000-square meter plot in Bucharest... more
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KFC, Pizza Hut Operator To Issue IPO for 25% Stake 10.09.2017
Sphera Group, operator of KFC, Pizza Hut, Pizza Hut Delivery and Taco Bell franchises in Romania, announced Monday it plans to issue an initial... more
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Baneasa Shopping City Operator To Invest EUR1.7B in Expansion By 2026 10.05.2017
Baneasa Developments, the operator of the Baneasa Shopping City mall in northern Bucharest, plans to invest around EUR1.7 billion by 2026 to expand... more
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Leroy Merlin Joins IKEA And Kika On Pallady Blvd In East Of Bucharest 10.05.2017
Bucharest’s Theodor Pallady Blvd continues to attract retail investment as the number of residential projects in the east of the city increases. more
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Retailer Peek&Cloppenburg Opens Its Biggest Romanian Store in AFI Cotroceni 10.04.2017
German fashion retailer Peek&Cloppenburg will be opening its fourth store in Bucharest and its largest in Romania in the AFI Cotroceni shopping mall. more
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GfK Romania: FMCG Sector Up 4.6% By Value In First Months Of 2017 09.27.2017
Romania’s fast moving consumer goods (FMCG) sector rose 4.6% by value in the first months of 2017, compared with the same period a year before,... more
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Romania’s Beer Market Rose Over 2% By Volume In January-July 2017 09.27.2017
Romania’s beer market rose over 2% by volume in the first seven months of 2017, compared with the same period a year before, according to... more
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Hypermarkets Try To Grab As Big A Slice Of Fashion Retail As Possible 09.27.2017
Hypermarket and discount store chains are trying to grab as big a slice of the local fashion market valued at 16 billion lei (EUR3.47 billion) as... more
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China's WH Group To Buy Romanian Meat Producers Elit, Vericom 09.26.2017
China's WH Group, the world’s largest pork supplier, announced Tuesday its unit Smithfield Foods would buy two packaged meats manufacturers in... more
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Adrian Viman Considering Return To Romania At The Helm Of Discount Retail Chain Aldi 09.26.2017
Adrian Viman, one of the most discreet and powerful local executives is negotiating his return to Romania to prepare for the entry of discount... more
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Fashion Days Turnover Up 60% in Jan-Aug, to EUR41.5M 09.25.2017
Fashion Days, one of the top retailers on the Romanian online fashion market, had a turnover of EUR41.5 Million in January-August in Romania,... more
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Dedeman Opens 48th Store, Tops 10,000-Employee Mark 09.22.2017
Do-it-yourself retailer Dedeman, the largest entrepreneurial business in Romania, will open its 48th store next week and will exceed 10,000 employees. more
Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be
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BRD-Groupe Société Générale and UniCredit Bank is granting a syndicated loan worth over EUR177 million to pharmaceutical group A&D
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Nearly half (49%) of Romanian entrepreneurs said they started their own business to feel more secure about their own future, according
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The modern logistic and industrial space stock in Bucharest grew nearly ten times in the past 13 years, to nearly 1.2 million square
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OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday said it invested nearly EUR5 million in modernizing
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BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock
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US company Timken opened a new bearing factory in Romania Tuesday, near Ploiesti, following an investment of $60 million.
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South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, has
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28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the
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Brisegroup, one of the largest grain traders and farm input wholesalers in Romania, plans to invest EUR7 million in the completion of a
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Continental, one of the world’s largest car parts manufacturers, said it plans to increase the number of employees in Romania, by
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Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise
Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.
