GfK: Romania Durable Goods Market Up 13% On Year To EUR3.4B In 2018
02.14.2019
The Romanian durable goods market rose 13% year-on-year to EUR3.4 billion in 2018, according to a GfK TEMAX survey.
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C&W Echinox: Colosseum Expansion – Largest Retail Development in Bucharest in 3 Years 01.17.2019
The expansion of the Colosseum commercial center in the north-western part of Bucharest is the largest, retail development in Bucharest during the... more
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Takeaway.Com Now Works with 800 Partner Restaurants in Romania 01.16.2019
Dutch-held online food delivery marketplace Takeaway.com is now working with about 800 restaurants in Romania, 200 more than almost a year ago when... more
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Romanian Tourism Association, 13 Agencies Fined EUR2.45M for Antitrust Practices 01.14.2019
Romania's antitrust authority has fined 13 travel agencies and the country's national tourism association ANAT a total of EUR2.45 million for... more
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Farmacia Tei Close To EUR100M Sales With Only 5 Pharmacies 01.10.2019
Retail pharmacy chain Farmacia Tei of entrepreneur Roxana Maftei ended last year with EUR96 million sales, up 45% on the previous year, the company... more
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Online Fashion Retailer FashionUP Posts 20% Higher Sales, Of RON19M, In Jan-Sept 2018 01.08.2019
FashionUP, one of the leading online clothing retailers in Romania, registered total sales of RON19 million in January-September 2018, up 20%... more
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Sensiblu Owner Seeks to Buy 50 Belladonna Pharmacies 01.07.2019
Czech Penta Investments, which bought in 2018 A&D Pharma, including the Sensiblu pharmacy chain, is close to a deal to buy 40-50 Belladonna... more
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Pizza Hut Reaches 22 Restaurants In Romania 01.07.2019
U.S. fast-food restaurant chain Pizza Hut registered a turnover of EUR24.1 million in Romania in 2018 and reached 22 units locally, in the cities... more
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Lidl Set to Continue Expansion, Open Over 15 Stores in 2019 01.07.2019
German-held discount store chain Lidl has grown to 238 stores in Romania and continues expansion at its usual pace, 10 to 15 new stores a year. The... more
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Developers to Add 250,000 Sqm of Retail Space in Malls in 2019 01.03.2019
Real estate developers plan to add 250,000 square meters of malls in Romania by the end of 2019. Only three new projects should be completed this... more
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C&W Echinox: Large Retailers Kept Their Turnover Growth At 12% In 2018, Double The Size Of Consumption Growth 01.03.2019
Large retail chains operating mainly in shopping centers maintained an average growth rate of 12% in 2018, similar to 2017 and double the advance... more
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Polish Children’s Brand Smyk Reaches 13 Stores In Romania 12.27.2018
Polish Smyk Group, specialized in selling children’s products, has reached 13 stores in Romania after opening a unit in Sibiu Shopping City,... more
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Meli Melo Store Chain Reaches 60 Units, Eyes Expansion Through Franchising 12.27.2018
The Meli Melo brand, launched by a group of French entrepreneurs on the Romanian market 25 years ago, has reached a 60-store chain on four markets,... more
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Turkish Men’s Clothing Brand KiP Opens Its First Store In Romania, In ParkLake Shopping Mall 12.21.2018
Turkish men’s clothing brand KiP, established in 1978, has opened its first store in Romania, within Bucharest-based ParkLake shopping mall. The... more
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Taco Bell To Open Restaurant In Cluj-Napoca 12.20.2018
Sphera Franchise Group, the largest group in Romania’s food service sector, continues the countrywide expansion of Taco Bell, the American chain... more
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Skanska Starts Construction Of 2nd Phase Of Campus 6 Project, An EUR76.1M Investment 12.19.2018
Swedish real estate developer Skanska is starting the construction of the second phase of the Campus 6 project located in Bucharest’s Orhideea... more
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Decathlon Plans to Open 5 Stores in Romania in 2019 12.19.2018
Sporting goods retailer Decathlon will end 2018 with 23 stores in Romania and the goal for 2019 is to open five more in the country, said... more
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Miele to End Year with 33% Growth, Keep Opening Stores 12.19.2018
German-held retailer Miele, which sells premium home appliances, will end the year with a 33% rise in sales to EUR8 million and will continue... more
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Romania Ranked 8th Among Large Beer Producing Countries In The EU In 2017 12.18.2018
Romania ranked eighth among large beer producing countries in the European Union in 2017, with a production of at least 16 million hectoliters,... more
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Marketplace Platform Managed By Retailer CEL.ro Posts RON10M Revenue 9 Months Since Launch 12.18.2018
The marketplace-type platform of CEL.ro store, managed by local company Corsar Online, reported revenue of RON10 million from over 30,000 orders... more
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Retailer Elefant.ro Boosts Share Capital By EUR2M To Support Development Plans In 2019 12.18.2018
Elefant Online, the company holding and operating the platform elefant.ro, boosted its share capital by EUR2 million, according to a decision of... more
The lending rebound, the rise in interests and the improvement of portfolio quality helped Romania’s banking system post an
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Companies Bog’Art SRL Bucuresti, Construcţii SA Sibiu, Kesz Constructii Romania SRL Cluj and Porr Construct SRL Bucuresti have
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German Zeitfracht Group has joined the shareholding structure of low-cost airline Blue Air, holding 10% of the airline’s share
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Office building transactions in Romania reached the highest level of the last decade in 2018, of EUR957 million, according to the
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Chitila represents the future logistics hub of capital city Bucharest, for both warehouses and the light industrial production, in the
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The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June
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Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the
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Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania,
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
