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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Carrefour Romania Sales Up To Over EUR700M In Q3
10.30.2023
French-held Carrefour Group posted EUR706 million gross sales (including VAT) in Romania in the third quarter, 5.2% higher than in the year-ago... more
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Bucur Obor Posts RON16.5M Net Profit In Jan-Sep
10.27.2023
Bucur Obor (BUCU.RO), which manages the shopping center by the same name in Bucharest, posted RON16.5 million net profit in January-September 2023,... more
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C&W Echinox Coordinates BREEAM Excellent Certification Process For eMAG's Logistics Parks In Romania And Hungary
10.23.2023
Real estate consulting firm Cushman & Wakefield Echinox has coordinated the BREEAM Excellent certification process for the portfolio of almost... more
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Dan Crisan To Take Over As COO Of PENNY | REWE Romania
10.23.2023
Dan Crisan will be taking over as the new Chief Operating Officer (COO) of PENNY | REWE Romania, starting January 2024. more
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Dualstore.ro Invests Over EUR1M In Its Own Brand Products
10.23.2023
The online phone and gadget store DualStore.ro, launched in Baia Mare in 2007, has invested more than one million euros in expanding its own-brand... more
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Auchan Romania Opens Its 7th Large Supermarket, In Bucharest's Tineretului District
10.20.2023
Auchan Romania, one of the leading actors in the local food retail sector, continues its development on the convenience store segment by opening... more
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Footwear Retailer Benvenuti Opens Store In Bucuresti Mall; Reaches 47-Unit Network In Romania
10.20.2023
Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, has inaugurated the 47th store in Romania and the sixth in capital city... more
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Kaufland Opens New Hypermarket In Alba Iulia; Reaches 170-Unit Network In Romania
10.20.2023
Hypermarket chain Kaufland, owned by German group Schwarz, has inaugurated its second hypermarket in the town of Alba Iulia, reaching a network of... more
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Modivo Opens Third Store In Romania In Promenada Craiova
10.18.2023
Clothing retailer Modivo, part of the Polish CCC group, which owns the footwear brand of the same name, epantofi stores and HalfPrice, a low-cost... more
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AFI Europe To Open Its First Retail Park In Romania On Nov 1
10.17.2023
Israeli real estate developer AFI Europe will be opening on Nov 1, 2023 its first retail park in Romania, located in the center of the western city... more
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eMAG Opens Third Online Shop-In-Shop Dedicated To Nutrition
10.17.2023
Online retailer eMAG is launching a new online shop-in-shop, which is dedicated to nutrition and groups more than 31,000 products from the own... more
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Ukrainian Retailer Aurora Multimarket Enters Romanian Market With A First Store In Suceava
10.12.2023
The largest Ukrainian retail chain in the one dollar store format, Aurora Multimarket, has entered the Romanian market and opened its first store... more
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RetuRO Set To Build 4,400-Sqm Second Regional Center In Timis County
10.11.2023
RetuRO, administrator of the Deposit Return System (DRS) in Romania, is building a second regional center in the locality of Giarmata (Timis County). more
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Secom Set To Invest Over EUR530,000 In Its Own Retail Network In 2023
10.09.2023
Romanian entrepreneurial company Secom, a dietary supplements, teas and cosmetics importer, wholesaler and retailer, will be investing over... more
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Sphera Franchise Group Opens New KFC Restaurant, Reaches 102 Units In Romania
10.06.2023
Sphere Franchise Group, which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romani, as well as the KFC units in Italy and the... more
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Poland’s Wittchen Enters Romania Market
10.03.2023
Polish company Wittchen, a retailer of travel bags, cases and accessories and leather goods, will enter Romania’s market, with the first store... more
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eMAG Launches Drinks & Coffee Shop, An Online Shop-In-Shop Concept
10.02.2023
Online retailer eMAG announces the launch of Drinks & Coffee Shop, an online shop-in-shop concept of beverages, wines and coffee, with more than... more
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Report: Romania Ranks 3rd In CEE, 12th At European Level By Online Sales Of Goods And Services
09.29.2023
Romania ranks third in Central and Eastern Europe (CEE) and 12th at European level by online sales of goods and services, with a share of 3.17% in... more
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Delivery Platform Tazz Seeks To Boost Number Of App Downloads From 2.8M To 3.4M
09.29.2023
Delivery platform Tazz seeks to boost the number of its app downloads to 3.4 million in the coming year, amid development plans. more
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Former ZF Journalist Andreea Magraon Moves From Bolt To Sezamo
09.27.2023
Andreea Magraon, who started her career as a Ziarul Financiar journalist and then served as marketing manager for Trust communications agency,... 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.