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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PwC: Almost Half Of Consumers Worldwide Expect Food Prices To Go Up Further 07.05.2023
Nearly half (46%) of consumers worldwide believe food prices will continue to rise, compared to 42% in the previous survey carried out in February,... more
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DIY Retailer Leroy Merlin Opens First Store In Arad 06.28.2023
DIY retailer Leroy Merlin will open its 21st store in Romania and the first in Arad in the AFI Arad project developed by AFI Europe on July 7. more
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Discount Retailer Kik Posts RON250M Sales In Romania In 2022 06.27.2023
German-held fashion and home products discount retailer Kik, which entered the Romanian market almost five years ago, posted more than RON250... more
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Primark Opens Its Second Store In Romania, In Bucharest’s AFI Cotroceni Shopping Center 06.20.2023
Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, on Tuesday (June 20) opened its second store in... more
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Survey: Four In Five Romanians Spending Holidays Abroad In 2023 To Pay By Card, Smartphone, Smartwatch 06.19.2023
Four out of five Romanians who will go on holiday abroad in 2023 plan to pay there by card, smartphone, or smartwatch, as per the latest Visa CEE... more
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Mobexpert Starts Preparations For Three Stores In Piatra Neamt, Targoviste And Ramnicu Valcea 06.19.2023
Furniture retailer and manufacturer Mobexpert will open three new stores in Romania, in Piatra Neamt, Targoviste and Ramnicu Valcea by the end of... more
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iSTYLE Romania Opens Second Apple Premium Partner Store On June 17 06.16.2023
iSTYLE, the largest Apple Premium Reseller retail chain in Central and Eastern Europe will open its second Apple Premium Partner store in Romania... more
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Enel X Way Romania To Install 64 Charging Stations For Electric Vehicles In Parking Lots Of Penny Stores 06.15.2023
Enel X Way Romania, part of Enel X Way, a company of the Enel Group dedicated to electric mobility, collaborates with retailer PENNY for the... 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.