01.09.2018

Austrian-held S Immo AG still wants to develop on the Romanian market, especially on the office space segment, as well as on the retail segment, says Friedrich Wachernig, member of its board of more

01.09.2018

Modern retailers will continue expansion in 2018 at the same pace as in 2017, when they opened more than 300 new stores. As retailers have announced and ZF has estimated, modern retail will add 300 to more

01.08.2018

French-held retailer Carrefour on Monday said it will close down its hypermarket within Vitantis Shopping Center in Bucharest, starting January 15, 2018, due to changes in market the market more

12.22.2017

Romania’s Competition Council on Friday said it started an inquiry into a possible abuse of dominant position by Dante International SA, the company behind eMAG– leader on the local online retail more

12.21.2017

The number of new stores opened by large retailers on the Romanian market fell by 18% versus the previous year, impacting the turnover growth rate, according to a Retailers’ METRICS survey conducted more

12.20.2017

Modern retail is an about EUR11 billion market with more than 2,000 stores, dominated by ten international groups. The sector continued to expand in 2017, at the same rate in as the last few years more

12.12.2017

Romania’s retail market is estimated at EUR40 billion, with four large players controlling 60% of the sector (Kaufland, Carrefour, Metro Cash&Carry and Auchan). After Turkey, Russia, France and more

12.12.2017

Sporting goods retailer Hervis, which has been operating in Romania for about a decade and has 23 stores, wants to open ten more next year, as many as in the last four years. In 2017 it opened five, more

11.29.2017

A 13-gas station chain operating in Dambovita, Prahova and Ilfov counties (southern Romania) as RBC Gas posted 132.3 million lei (EUR29.4 million) revenue last year. The company ranks sixth among more

11.10.2017

Danish furniture retailer JYSK, sporting goods stores Decathlon and grocery retailer Profi are the retail companies with the highest increase in sales in the past five years, ZF has found from the more

11.10.2017

Peeraj, the most important fashion franchise group in Romania, has a portfolio of more than ten brands set to reach about 100 stores by yearend. The brands include CCC, Pimkie and Boggi. Two new names more

11.08.2017

German-held home appliances manufacturer Miele budgeted 35 million lei (EUR7.6 million) sales from retail operations in Romania for next year, up 25% on 2017. The sales will therefore double in more

11.06.2017

Romanian adjusted retail sales, excluding vehicle sales, grew 0.5% in September compared with August, while in unadjusted terms it declined 4.9%, data from the country's statistics board showed more

11.01.2017

Pharmaceutical retail chain Tinos, a Bucharest-based family business established 23 years ago, posted almost 26 million lei (EUR6 million) revenue in 2016, up 11% on 2015. The chain has 15 pharmacies more

10.24.2017

OMV Petrom Marketing, Rompetrol Downstream, Lukoil Romania and MOL Romania Petroleum Products – the companies that operate Petrom, Rompetrol, Lukoil and MOL gas station chains, account for 80% of more

10.23.2017

US luxury cosmetics giant Estee Lauder entered Romania two decades ago, and last year posted more than EUR10 million sales for the first time. Moreover, it expects the business to grow in 2017, as more

10.13.2017

Germany’s Schwarz group, which owns Kaufland hypermarket chain and Lidl discount store chain, now accounts for almost 20% of the grocery retail in Romania, put at 77.6 billion lei (EUR17 billion) more

10.02.2017

Meat products manufacturer Killer based in Horodnic de Jos, Suceava County (northern Romania), expects revenue to reach 67 million lei (EUR15 million) this year, an increase of 7% on 2016. more

09.27.2017

Hypermarket and discount store chains are trying to grab as big a slice of the local fashion market valued at 16 billion lei (EUR3.47 billion) as possible so they are launching designer collections or more

09.21.2017

The stock of modern retail space in Romania’s 23 biggest cities, each with a population of over 90,000 inhabitants, is expected to grow by approximately 500,000 square meters in the next three more

09.04.2017

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08.30.2017

Colosseum Retail Park, developed by Nova Imobiliare SRL, reached 100% occupancy, by securing 1,300 sqm retail spaces for the Turkish retailer LC Waikiki, property manager JLL, which negotiated the more

08.29.2017

Local retail chains are potential targets for the modern retail ‘sharks’ such as Profi, Mega Image and Carrefour. The international supermarket and hypermarket chains are thus trying to expand more

08.24.2017

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08.22.2017

Ten Romanian and foreign executives run the local modern grocery retailers, which make an about 50 billion lei (almost EUR11 billion) market and have more than 75,000 employees. more