06.18.2015

Corporate lending recorded the highest non-performing loan ratio during the crisis, which peaked at 24% in the first half of 2014. Swiss franc and euro-denominated loans saw the highest NPL ratio of more

06.18.2015

The decline in sales per store, the opening of smaller stores, the technological progress and the increase in the number of temporary employees caused the headcount in modern retail stores to halve in more

06.12.2015

SOCAR Romania, part of Azeri oil group SOCAR, posted revenues of 746.3 million lei (EUR170.3 million) in 2014, up 28% from a year before, mainly due to the expansion of its gas stations network, more

06.09.2015

Zara, one of the seven brands Spanish giant Inditex operates on the Romanian market, posted sales of almost 412 million lei (EUR92.8 million) on the local market last year, up 9% from 2013, according more

06.09.2015

Bacau-based do-it-yourself retail chain Dedeman, the largest Romanian-held company, overshot the 400 million (EUR90 million) mark in earnings for the first time, according to Trade Registry data, more

06.04.2015

Domestic consumption in Romania returned to growth in April, after surprising falls in the previous months, official data showed Thursday. more

05.27.2015

The sales of the 19 cash&carry stores in the Selgros chain dropped to less than 3 billion lei (EUR672 million) last year for the first time during the crisis. more

05.14.2015

Three new retailers have entered the furniture retail in the last two months, an over EUR700 million market denominated by local entrepreneurs. Since few retailers ventured into the market during the more

05.14.2015

Only one out of nine small and medium-sized enterprises in Romania has manufacturing as its core business, according to ZF’s calculations based on the European Commission 2014 estimates. more

05.11.2015

Sweden’s Hennes & Mauritz (H&M) sales in Romania went past half a billion lei in 2014, after four years of fast-paced development, reaching 529.5 million lei (EUR119 million). more

05.05.2015

The recovery of domestic consumption in Romania hit the speed bumps this spring, as retail sales extended their decline in March, official data showed Tuesday. more

04.30.2015

Capital city Bucharest has managed to attract nearly 10% of total food stores, pharmacies and HoReCa (Hotels, Restaurants, Catering) units in Romania. more

04.30.2015

Major international fast-moving consumer goods companies have decided to diversify in Romania over the last few years and enter a segment they had not been present until then - retail. more

04.29.2015

The government can't freeze shelf prices following a VAT cut to 9% on food items but could introduce special measures, such as high taxes, unless retailers adjust their prices to the VAT cut, Prime more

04.28.2015

The general economic climate favors consumption but consumers will continue to prioritize their spending even though their expenses budgets are higher, according to a study by GfK. more

04.21.2015

Altex, the leading local computer and electronics retailer, ended last year with about EUR350 million in revenue, returning to the 2008 figure in euros. If calculated in lei, the sales reached an all more

04.21.2015

A group of 16 farmers of Arad invested EUR2 million in a dairy plant in the same county, which now produces over ten sorts of cheese for Romania’s biggest modern retailers. Cris Sib Lacto plant of more

04.20.2015

The financial crisis and the arrival of many foreign companies changed the balance of power in the local footwear retail sector, with German-held Deichmann taking the top spot after the 2013 more

04.08.2015

Romania posted the sharpest fall in retail trade in the European Union on the month in February, of 1.4%, followed by Portugal and Spain, Eurostat data showed Wednesday. more

04.08.2015

Romania’s e-commerce market will reach EUR2 billion this year, double the 2014 level, and will continue to grow in the next ten years as online sales now account for just 2.5% in the overall retail more

04.06.2015

Supermarket chain Profi held by Polish private equity firm Enterprise Investors will hire about 1,100 people this year, following expansion by as much as 100 stores in 2015 alone. Under the more

04.03.2015

Romania’s retail sector slowed down its recovery in February, after a strong output in the past few months, official data showed Friday. more

04.03.2015

Swiss giant Nestle, a major player on Romania’s coffee and sweets market, is tapping the last segment it was not present on in Romania, retail, with a store it is set to open this summer in Calea more

04.01.2015

French cosmetics producer L’Oreal enters the Romanian retail market with a store under Kiehl’s brand, a US premium cosmetics name. The store will be opened in shopping center AFI Palace Cotroceni, more

03.27.2015

British retailer Debenhams has returned to the Romanian market, under the same, franchise, system, after an almost two-year break, with a store in Vitan Mall. The new franchisee wants the average cash more