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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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
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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
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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
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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
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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
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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
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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
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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
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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
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania 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
moreFiscal 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
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania 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.