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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Inditex Group Closes Bershka and Pull&Bear Stores in Unirea Shopping Center 01.15.2021
Spain’s fashion group Inditex, which operates via eight brands in Romania, has closed the Bershka and Pull & Bear stores on the ground floor of... more
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Survey: Online Orders In Romania See New Record High In December 2020 01.14.2021
The value of ordered placed online in Romania touched a new record high in December 2020, soaring 99% compared with December 2019. more
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Iulius Group Invests EUR16M in Two Retail Projects 01.13.2021
Real estate developer Iulius Group is developing a new retail concept, Family Market, and will invest EUR16 million for two such projects in the... more
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eMAG Expands Premium Delivery Service to Seven Cities 01.12.2021
Romania's biggest online retailer eMAG is expanding its Genius delivery service to Craiova, Ploiesti, Galati, Braila, Sibiu, Pitesti and Buzau, the... more
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Profi Targets Over 2,000 Stores in Romania by 2024 01.12.2021
Retailer Profi, held by Mid Europa Partners, plans accelerated development in the next years, targeting over 2,000 stores by 2024. more
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Romania Produces RON50M Worth of Escargots 01.12.2021
Four companies in Romania produce RON50 million worth of escargot, with 270 employees. more
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5 to Go Ends 2020 with 220 Units, Seeks to Reach 1,000 in Five Years 01.11.2021
Romanian coffee shop chain 5 to Go, founded in 2015 by two local entrepreneurs, ended 2020 with over 220 units locally and plans to continue... more
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eMAG Launches Online Lending Service Jointly With Idea:Bank 01.07.2021
eMAG, the leading online retailer in Romania, is launching an online lending service, jointly with lender Idea::Bank, in order to finance shopping. more
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Kaufland And Lidl Battle for Top Spot on Grocery Retail Market in Romania 01.07.2021
The fight for the top spot in grocery retail in Romania was tighter than ever in 2020, with discount store chain Lidl breathing down low-price... more
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Kaufland Invested EUR300M in Romania in 2020 12.30.2020
German-held Kaufland group, the leader of the local grocery retail, opened 10 hypermarkets in 2020, its fastest expansion pace in the last few... more
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Polish Fashion Brand Sinsay, Part Of LPP Fashion Group, Opens Store In Botosani 12.29.2020
Polish fashion brand Sinsay, part of LPP Fashion Group, has opened a mono-brand store in Botosani, within the Uvertura Mall shopping center,... more
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Carrefour Ends 2020 with 24 New Stores 12.28.2020
French-held Carrefour group will end the year with 368 brick and mortar stores under various formats in Romania, in addition to the online store... more
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Mega Image Keeps Expansion Pace, Ends Year with New Sales Growth 12.24.2020
Retailer Mega Image will end the year with another sound growth of its sales, but CEO Mircea Moga says this year, marked by the COVID-19 pandemic,... more
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Retailer Auchan Launches Drive Service In 31 Hypermarkets In Romania 12.23.2020
French-held retailer Auchan has announced the implementation of the Auchan Drive service whereby customers can pick up the orders placed and paid... more
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Foreign Grocery Retail Chains Invest EUR900M in Romania in 2020 12.23.2020
Seven of the modern grocery retail chains in Romania have opened new stores in 2020, despite the COVID-19 pandemic. In all, 421 new hypermarkets,... more
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Wipro Takes Over METRO's IT Divisions in $700M Deal 12.22.2020
Software services company Wipro Limited will take over the IT divisions of METRO group in Germany and METRO Systems Romania. more
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Cosmetics Retailer Douglas Grows to 33 Stores in Romania 12.22.2020
Perfume and cosmetics retailer Douglas, which arrived in Romania in 2007, has grown to 33 stores in the country after having opened three new... more
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Penny Ends 2020 with 20 New Stores, Same as Last Year 12.21.2020
German-held discount store chain Penny has opened 20 stores this year without closing any in Romania. The company expanded at the same pace it... more
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Colliers Report: Sales Of Non-Food Retailers Return To Pre-Crisis Level 12.17.2020
Sales of non-food retailers returned to the level before the crisis generated by the Covid-19 pandemic in Central and Eastern Europe (CEE), growing... more
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TED'S Coffee Opens Two Units In Bucharest In EUR175,000 Investments 12.17.2020
Coffee shop chain Ted’s Coffee, owned by Romanian entrepreneur Vasi Andreica, continues its investments and announces the opening of two new... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
