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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Online Store Complice.Ro Reaches EUR430,000 Sales
01.25.2023
Online shop Complice.ro, which specializes in selling experience-based gifts, managed to exceed its revenue target last year, posting EUR430,000... more
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Analysis: Romanian Consumers Made Fewer Impulse Purchases In 2022
01.25.2023
Romanian consumers made fewer impulse purchases in 2022, according to an analysis by Limitless Agency, one of the largest digital marketing... more
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Retailer Profi Set to Keep Development Pace in 2023
01.24.2023
Profi, a store chain held by investment fund Mid Europa Partners, will maintain its expansion pace this year with more than 250 new openings and... more
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C&W: Over 230,000 Sqm Of Retail Spaces Expected To Be Delivered In 2023
01.18.2023
Retail space deliveries will increase significantly in 2023, considering that over 230,000 square meters of retail spaces are currently under... more
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Henri Coanda International Airport Sees Over 80% Surge In Passenger Numbers In 2022
01.18.2023
Romania’s Henri Coanda (Otopeni) international airport served more than 12.6 million passengers in 2022, over 80% more than in 2021, according to... more
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2023 Set to See Mall and Shopping Center Deliveries Triple from 2022
01.18.2023
Almost 240,000 square meters of new malls, shopping centers or expansions overall are likely to be delivered this year, triple from 2022, when... more
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Large Store Chains Open More Than 400 Units, Close Some 20 Units In 2022
01.17.2023
The modern commerce universe exceeded the threshold of 4,000 stores in 2022 after the big retail chains opened more than 400 new units and closed... more
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Transilvania Investments Puts Six Seaside Hotels Up For Auction
01.12.2023
Six hotels rated 2*, 3* and 4*, located in the seaside resorts of Eforie Nord and Eforie Sud, will be put up for auction starting with January 25,... more
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Leroy Merlin Sees RON3.4B Sales in 2022
01.11.2023
Leroy Merlin, a top three player on the Romanian DIY market by revenue, posted RON3.4 billion sales in 2022, which translates into an increase of... more
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Bookstore Chain Carturesti Ends 2022 with EUR55M Sales
01.10.2023
Bookstore chain Carturesti, held by Nicoleta Dumitru and Serban Radu, ended 2022 with EUR55 million sales and expects growth of 10% to 20% in 2023,... more
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Online Bookstore Libris.ro Sells More Than 2.3 Million Books In 2022
01.09.2023
Online bookstore Libris.ro sold more than 2.3 million books in 2022 and the average order grew by 10% to RON113. more
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Online Supermarket Sezamo Introduces Cash Payment For Online Orders
01.06.2023
Online supermarket Sezamo, part of the European Rohlik group, has introduced cash payment for orders placed online. more
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Kaufland Set to Continue Investments in Romania in 2023
01.06.2023
Retailer Kaufland will open at least ten new stores and remodel ten others in 2023, thus continuing at the same pace as in the last three years,... more
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Candy Cat Ro Develops 20-Store Chain In Romania
01.03.2023
Candy Cat Ro, a Dutch-held company run by Ukrainian-born Romanian citizen Oksana Roman, has developed in Romania over the past year a network of... more
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Entrepreneur Dumitru Popescu Set To Build Bread Factory In Dolj County
12.29.2022
Dumitru Popescu, 45, a Romanian entrepreneur with experience in the hospitality industry and constructions, wants to build a bread factory in the... more
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Premier Restaurants Romania Invests RON7M In New Drive-Thru Restaurant In Oradea
12.23.2022
Premier Restaurants Romania, the operator of the McDonald’s restaurant chain in Romania, continues the expansion of the local chain with the... more
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EY Survey: Romanians Spend Less On Food Products In 2022
12.22.2022
The majority of Romanians spent less on food products in 2022 and cut down on their savings and investments, according to the latest Future... more
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Penny Opens 36 New Stores In Romania In 2022
12.21.2022
German-owned discount store chain Penny, one of the most active retailers in Romania, continues its expansion plans by opening 13 new stores in... more
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FAN Courier Leases 5,000 Sqm Of Storage And Office Space In P3 Bucharest A1 Logistics Park
12.20.2022
FAN Courier, the leader of the local courier services market, has leased 5,000 square meters of storage and office space in the P3 Bucharest A1... more
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Submarine Burger Opens Two Restaurants in Bucharest in EUR1.5M Investment in 2022
12.19.2022
Croatian-held Submarine Burger, which specializes in vegan burgers, opened its first two restaurants in Bucharest this year, following EUR1.5... 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.