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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ARMO: Romania Ranks 3rd Among EU Countries In CEE By E-commerce Value 10.11.2024
Romania ranks 3rd among EU member states in Central and Eastern Europe in terms of e-commerce value, after Poland and the Czech Republic, according... more
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Jumbo To Open Its First Store In Cluj 10.01.2024
Greek toy and interior decoration retailer Jumbo will be opening its first store in the city of Cluj, within the future Rivus shopping center... more
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Leroy Merlin Owners Won’t Comment On Talks With Kingfisher Over Brico Dépôt 09.27.2024
The officials of France-based ADEO Group, held by the Mulliez family, which owns Leroy Merlin in Romania, will not comment on the information about... more
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UK’s Kingfisher In Talks To Sell Brico Dépôt In Romania 09.27.2024
UK’s Kingfisher Group, which owns DIY retailer Brico Dépôt in Romania, is in talks to sell the operations in the country, market sources told ZF. more
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Auchan Continues Investment In ATAC Hiper Discount Chain 09.26.2024
Retailer Auchan continues to invest in the ATAC Hiper Discount store network, which reaches seven stores, with the latest openings taking place in... more
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Leroy Merlin To Open Its First Store In Pitesti On Oct 2 09.25.2024
Do-it-yourself (DIY) store chain Leroy Merlin will be opening its 22nd store in Romania and its first in the town of Pitesti, on October 2, 2024. more
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easySales Survey: 50% Of Consumers Placed 1-3 Online Orders In Last 30 Days 09.25.2024
The online commerce has significantly developed over the last years and the volume and frequency of orders is constantly growing, as per a survey... more
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Tei Group Opens Pharmacy And Bebe Tei Store In ElectroPutere Mall In Craiova 09.19.2024
The Tei Group, made up of Farmacia Tei and Bebe Tei, has opened new stores in Dolj County, in ElectroPutere Mall in Craiova, an investment that is... more
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Iulius Mall Suceava Starts EUR40M Expansion Process 09.16.2024
Iulius Mall Suceava has begun an expansion process that will result in the largest retail area in the north of Romania, over 60,000 square meters,... more
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Survey: Romanians Spend More Time In Shopping Malls Despite Spending More Time To Get There 09.11.2024
Urbanization and the expansion of cities in Romania, through the construction of new housing units, apartment buildings, residential complexes and... more
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Trendyol Gains 500,000 Customers In Eight Months Since Arrival In Romania, Aims For 1M By Yearend 09.10.2024
Türkiye-based Trendyol, which created a marketplace platform for fashion and other products that can be sold online, has grown to 500,000... more
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IKEA Plans To Open More Stores In Romania 08.27.2024
IKEA wants to open more stores in Romania and is looking at several cities and also the possibility of adding more stores in Bucharest, where it... more
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Poland’s Froo Opens 20th Franchised Store In Romania 08.27.2024
Froo Romania Retail, a company of Poland’s Żabka Group, has opened its 20th franchised store in Romania, on the Iuliu Maniu Boulevard in... more
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Rituals Arrives In Romania With Its Own Store In September 08.26.2024
Fashion and cosmetics are some of the most competitive markets in Romania, with more than 100 foreign and local brands vying over the several... more
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EBRD, CEECAT Capital and Morphosis Capital Become Majority Stakeholders in La Cocos, Most Powerful Romanian-Held Food Retailer 08.22.2024
The European Bank for Reconstruction and Development (EBRD), CEECAT Capital Fund, a regional private equity fund that works with visionary founders... more
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Competition Council Raises Concerns About Profi Takeover By Rival Retailer Mega Image 08.14.2024
Romania’s Competition Council says there are a number of competition-related concerns about the deal whereby Delhaize “The Lion” Nederland... more
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Penny Starts Work On Fifth Warehouse In Romania 08.13.2024
German-held discounter Penny, which has around 380 stores in Romania, is starting work on its fifth warehouse in the country, near Bucharest, this... more
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Finland’s Hesburger Opens Restaurant In Otopeni Airport Near Bucharest 08.13.2024
Finland’s fast-food restaurant chain Hesburger continues its planned expansion in Romania and opens its second restaurant in the country, inside... more
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Crosspoint: Short-Term Rentals In Bucharest Generate Annual Revenues Of Over EUR40M 08.07.2024
Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated revenues of... more
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EY Future Consumer Index: Consumers Return To Physical Stores 07.30.2024
Despite technology transforming consumers’ retail experience, allowing them to seamlessly shop between online, social media, in-app and in-game,... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
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More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
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Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
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Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
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The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
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The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
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Romania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
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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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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.