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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Primark To Open Its First Store In Romania On Dec 15, 2022 11.17.2022
Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, will be opening on Dec 15, 2022 its first store in... more
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eMAG’s Black Friday Sales Up RON35M to RON644M in 2022 11.15.2022
eMAG, the largest online retailer in Romania and the companies operating on its marketplace, sold products and services worth RON644 million on... more
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Decathlon Opens New Store In Romania, In Alba Iulia 11.14.2022
French-held sporting goods retailer Decathlon is opening a new store in Romania, in Alba Iulia (center-western Romania), its first unit inaugurated... more
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Retailer Kik Sets Out to End 2022 with 100 Stores 11.10.2022
German-held discounter Kik, which entered Romania in 2018, has developed a network of more than 70 stores nationwide in its four years in business... more
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eMAG Expects to End 2022 with EUR1B Sales 11.09.2022
eMAG, the largest local online retailer and one of the biggest actors in the region, expects sales to exceed EUR1 billion by the end of 2022, CEO... more
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Survey: Romania Black Friday Sales Campaign Expected To Generate Over EUR400M In Sales 11.07.2022
The Black Friday campaign in Romania is expected to exceed EUR400 million in sales in the fashion, food, beauty, home-deco, and electronic sectors,... more
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eMAG Expects Higher Black Friday Sales in 2022, RON639M 11.07.2022
Romania’s largest online retailer eMAG expects sales to reach RON639 million on this year’s Black Friday, which is set for November 11 and... more
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Scallier Sets Off Construction Of Retail Park In Mosnita Noua 11.04.2022
Poland’s Scallier, one of the most dynamic investors in small and middle-sized retail parks, is starting the construction of a retail park in the... more
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Japan’s Uniqlo Might Arrive in Romania in 2024 or 2025 11.03.2022
Japanese fashion group Fast Retailing, one of the world's largest fashion industry actors, might enter Romania as late as in 2024-2025, bringing... more
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Carrefour Romania Jan-Sept Sales Up 5.8% from Year-Earlier Period 11.03.2022
French retailer Carrefour, present in Romania for over two decades, boosted its sales in Romania by 5.8% in the first nine months of 2022 from the... more
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Louis Vuitton to Replace Gucci in Athénée Palace Hilton 11.02.2022
Fashion brand Louis Vuitton, one of the most important names in the luxury industry, is preparing to go to the ground floor of the Athénée Palace... more
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Poland’s LPP Leases 80,000 Sqms from WDP for Warehouse in Romania 10.26.2022
LPP group, active in the mass market fashion field, has leased 80,000 square meters of logistic area from Belgian developer WDP for a warehouse set... more
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Romania Beer Market Drops 4% YoY In January-August 2022 10.20.2022
Romania’s beer market decreased by 4% in the first eight months of 2022 as compared to the same period in 2021, after the first four months had... more
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iSense Solutions: Romania E-commerce Market Seen Growing 10% To EUR6.8B End-2022 10.19.2022
Romania’s electronic commerce (ecommerce) market has continued to grow in 2022 mainly due to online buyers spending more money, as per a survey... more
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Romanian 5 to Go Among Top Ten Coffee Shop Chains in Europe 10.19.2022
Europe's ten largest coffee shop networks together had more than 13,500 shops at the end of last year and Romania’s 5 to Go company accounted for... 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.