01.12.2012

At least 20 Minimax Discount stores, held by Romanian businessman Dinu Patriciu, are closed for customers, and their future is in doubt. more

01.11.2012

Profi supermarket chain maintains its expansion plans for 2012, despite posting weaker-than-expected sales last year. more

01.10.2012

Mega Image, the Belgian-owned retailer that owns the supermarket chain by the same name and the Shop & Go convenience stores on the Romanian market, will open three new stores in Bucharest early this more

12.22.2011

Romanian electronics retailer Flanco on Thursday said it has opened five stores in December, following an investment of 14 million lei (EUR3.25 million). more

12.22.2011

German retail group Rewe on Thursday announced it has launched five new stores under the brand Penny market in Romania, bringing its local network to a total 128 units nationwide. more

12.12.2011

Real estate consultancy firm Coldwell Banker on Monday announced it has launched 15 new offices nationwide in Romania, bringing its local network to a total 36 offices. more

10.11.2011

real,- Hypermarket, a unit of retail giant Metro, has invested over EUR550 million throughout its five years of activity in Romania, the retailer said in a news release Monday. more

10.11.2011

Kaufland, the second largest retailer on the Romanian market, with sales of more than EUR1.1 billion, will open at least four new stores by the end of this year, in the towns of Ploiesti, Tecuci, more

10.07.2011

As of October 10, discount chain Lidl will become the largest modern retailer on the Romanian market in terms of store numbers, after opening 11 greenfield stores and reaching a total of 118. more

10.07.2011

French hypermarket operator Cora, which until recently had a slow expansion on the Romanian retail market, is shifting strategy: Thursday it announced plans to open 20-25 stores in the next three to more

10.06.2011

UniCredit Tiriac Bank, the fifth largest lender in Romania, has gained trust to resume branch opening. However, the spectacular plan of opening 300 units in five years announced in late 2010 was more

09.29.2011

Lender Raiffeisen Bank has renegotiated the rents it pays in Romania, obtaining a 20%-30% reduction from 2008 levels, Thursday said Vladimir Kalinov, Vice-president Retail Division. more

09.27.2011

Dirk Rennau, regional manager for South-Eastern Europe of German firm Hansgrohe, says he was shocked to hear that almost half of Romanians do not have water and sewage services. This is where the more

09.20.2011

French-held sporting goods retailer Decathlon, which has six stores in Romania, will open another four units by next spring following investments estimated by ZF at over EUR10 million. more

08.23.2011

Furniture maker Rus Savitar will launch Friday its 11th store in Romania, within the Armonia shopping center in Arad, following an investment of EUR200,000, according to a company news release. more

08.19.2011

The banking system continues to slowly adapt its territorial network to the weak loan demand, particularly on the retail segment, so that 32 units were shut down in the second quarter, with 6,105 more

08.16.2011

German clothing retailer New Yorker, which owns 18 stores on the Romanian market, will accelerate its expansion rate over the next few months, and is set to open four stores by the end of the year, more

07.28.2011

Cora, one of the most aggressive retailers in the last few years on the Romanian market, plans to open a small mall in Bucharest, which will also host a Cora hypermarket. more

07.19.2011

Swedish apparel retailer H&M, which entered the Romanian market in late March, is set to open other four stores by the end of this year, reaching thus a ten-unit network. more

07.14.2011

Cosmote, the third leading operator on the Romanian cellular telephony market, plans to develop a 3G mobile Internet network in the 900 MHz band, an investment that can reach several tens of million more

07.06.2011

An increasingly pressing question for the banking sector is the fate of the over 6,000 branches still open despite the very low demand for loans, and consolidation will be inevitable, says Steven van more

06.23.2011

After having kept a low profile for more than two years, Filip Schwartz, major shareholder and CEO of Otter Distribution, is coming up with a new action plan, a footwear store network, which he hopes more

06.23.2011

Businessman Dinu Patriciu’s store chain Mic.ro on Thursday said it has invested over EUR45 million so far in its 600 stores, opened in 50 large cities and neighboring towns. more

06.16.2011

The Romanian Government on Thursday decided to start procedures to close a part of the country’s railway network managed by the Transport Ministry, people close to the matter told MEDIAFAX Thursday. more

06.15.2011

Jolidon, one of the few Romanian brands that had succeeded in building a network of almost 150 stores in Romania and abroad, had to close its foreign units, ZF learnt from Jolidon’s Italian and more