Lidl Opens More Than 30 Stores in 2020
![Lidl Opens More Than 30 Stores in 2020](https://storage0.dms.mpinteractiv.ro/media/401/1561/19666/19788678/1/ilustrare-comunicat-de-presa.jpg?width=175)
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.
-
Cristian Stoenica Takes Reigns Of Metro Convenience Romania
07.25.2024
Metro has appointed Cristian Stoenica franchise director and member of the board of directors of Metro Convenience Romania, the operator of... more
-
Carrefour Inaugurates New Rebranded And Remodeled Hypermarket From Cora
07.25.2024
Retailer Carrefour is inaugurating a new rebranded and remodeled hypermarket of those it got from Cora, in the Supernova shopping center on Soseaua... more
-
Auchan Expands ATAC Hiper Discount Network With Fifth Store, In Galati
07.25.2024
French-held retailer Auchan is opening a new store under the ATAC Hiper Discount format in Galati on Thursday, after having opened other such... more
-
New Retail Park On Valea Prahovei In Sinaia
07.24.2024
Imo Invest Total is inaugurating Sinaia Plaza on Thursday, the first retail center built from scratch on Valea Prahovei, which comes with a... more
-
Polish Fashion Group LPP Opens Second E-commerce Warehouse In Romania
07.23.2024
Polish clothing manufacturer LPP, which owns and operates store chains Reserved, Mohito, Cropp, Sinsay and House, is opening its second warehouse... more
-
US’ Convergint Buys Integrator Helinick
07.19.2024
US-held Convergint has acquired Helinick, held by the Retegan family, the two companies announced on Thursday. more
-
City Grill Takes Two 5 To Go Coffee Shops To Otopeni Airport
07.19.2024
The City Grill Group, one of the leading restaurant businesses in Romania, has recently opened two 5 to go coffee shops inside the Henri Coanda... more
-
Netherland’s Discount Retailer Action Getting Ready To Enter Romania
07.16.2024
Dutch discount non-food retailer Action is getting ready to enter Romania, ZF sources say. The group has already begun recruiting for management... more
-
Altex And Mobexpert Partner For EUR16M – EUR17M Retail Project In Pallady Area Of Bucharest
07.11.2024
Computer and electronics retailer Altex and furniture manufacturer and retailer Mobexpert are teaming up for a EUR16 million to EUR17 million... more
-
Germany’s Rewe Wants to Bring Drugstore Brand BIPA to Romania
07.09.2024
German group Rewe wants to bring drugstore brand BIPA to Romania, according to ZF sources. more
-
C&W Echinox: Romanians Spent EUR36B In Large Retail Chains In 2023, Up 11% vs. 2022
07.02.2024
Romanians spent EUR36 billion in large retail chains, up 11% compared with 2022, out of which the FMCG spending accounted for EUR22.5 billion (more... more
-
Alka Trading Budgets 30% Higher Exports In 2024
06.27.2024
Alka Trading, one of the biggest players in the sweet and salty snacks market in Romania, is betting on increasing its business and its exports... more
-
Retailer Auchan Wants To Develop Franchised Convenience Store Chain
06.27.2024
Auchan Romania, one of the leading actors of the local grocery retail, is launching its own franchising program, providing Romanian entrepreneurs... more
-
Furniture Retailer Staer Sees Profit Up 2.4 Times In 2023
06.26.2024
Staer International, the company that owns furniture stores under the Staer brand, ended 2023 with about RON80.6 million (EUR16.3 million) revenue,... more
-
Lidl Romania Gets New CEO
06.25.2024
German-held discount retailer Lidl, the leader of the modern retail in Romania by sales, almost RON22 billion in 2023, will have a new chief... more
-
Primark To Open Store In Iulius Town In Timisoara In August
06.25.2024
International fashion retailer Primark will open a store in Iulius Town, the mixed-use complex developed by Iulius in Timisoara, on August 7. more
-
eMAG Close To One Million Customers For Its Genius Service
06.19.2024
eMAG, one of the largest online retailers in the region is nearing one million customers for its Genius service launched four years ago, which... more
-
Pepco Sees Sales Up 11% To Almost RON2.6B In 2023
06.13.2024
Polish-held fashion discounter Pepco, the leader of the fashion market in Romania, ended 2023 with almost RON2.6 billion sales, 11% higher than in... more
-
Zabka Plans To Develop Fast In Romania
06.12.2024
Poland’s Zabka Group, which has more than 10,000 stores on its home market, has recently opened its first stores in Romania and plans to expand... more
-
eMAG: Sellers On Regional eMAG Marketplace Registered 23% More Orders In 2023 vs 2022
06.12.2024
The 56,000 sellers that sell on the eMAG regional Marketplace in Romania, Bulgaria and Hungary registered 23% more orders in 2023 compared to 2022. more
![EBRD Grants EUR50M Financing To Support Small Businesses In Romania](https://storage0.dms.mpinteractiv.ro/media/401/1561/19567/21217165/1/euro.jpg?width=198)
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
more![A Third Of Romanians Expect Home Prices To Plunge Until Spring 2023](https://storage0.dms.mpinteractiv.ro/media/401/1561/19651/21214168/1/6bloc-87477219-l.jpg?width=198)
39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
more![OMV Petrom and CE Oltenia Set to Build Four Photovoltaic Parks in EUR400M Investment](https://storage0.dms.mpinteractiv.ro/media/401/1561/19652/21209983/1/3panouri-solare2-ss.jpg?width=198)
OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
more![European Commission Warns Romania About Lack Of Long-Term Strategy On Energy And Climate](https://storage0.dms.mpinteractiv.ro/media/401/1561/19652/21205199/1/1.jpg?width=198)
The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
more![Bucharest, Cluj and Timis Employ 70% Of Romanian IT Professionals](https://storage0.dms.mpinteractiv.ro/media/401/1561/19668/21214087/1/htec-group-002.jpg?width=198)
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
more![World Bank Says Fiscal Deficits Will Remain Elevated In Romania](https://storage0.dms.mpinteractiv.ro/media/401/1561/19567/21216964/1/world-bank-web.jpg?width=198)
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
more![Deloitte: Banks’ Profitability To Decrease Over The Next Year](https://storage0.dms.mpinteractiv.ro/media/401/1561/19567/21228622/1/grafic-calculator-publimedia-shutterstock.jpg?width=198)
Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
more![Transelectrica Gets EUR424M For Development Of National Energy Infrastructure](https://storage0.dms.mpinteractiv.ro/media/401/1561/19652/21230159/1/electricitate-retea-victor-ciupuliga.jpg?width=198)
Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings![Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings](https://storage0.dms.mpinteractiv.ro/media/401/1561/19566/21220500/1/pusculita-bani-publimedia-shutterstock.jpg?width=198)
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.