03.06.2015

Romania ranks 22nd among the 67 most attractive global retail markets for expansion this year, on the same position with Sweden, Taiwan, Canada and Russia and outranking Slovakia, Hungary or Turkey, more

03.06.2015

Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, has invested EUR2.3 million in building its own headquarters in Oradea. The investment comes after a time of constant growth of the more

03.04.2015

Romania posted the fourth highest annual growth in retail trade in the European Union in January, of 7.3%, overtaken by Luxembourg, Hungary and Poland, Eurostat data showed Wednesday. more

03.03.2015

Romania’s retail sector extended its good performance in the first month of 2015, after a strong recovery in 2014, official data showed Tuesday. more

03.03.2015

In 2014, the almost 2,000 filling stations of Romania generated sales of 40.9 billion lei (EUR9.3 billion), including station store sales, around 4% higher than in 2013. The slightly declining volumes more

03.02.2015

The most powerful entrepreneurial businesses in the medical service industry in Romania, MedLife and Sanador, were established by female physicians. The two currently generate EUR120 million revenue more

02.26.2015

Lidl discount store chain, which entered Romania officially in 2011 when it took over the Plus network, became the eighth largest importer in the country last year, climbing four positions on 2013, more

02.23.2015

Agricultural insurance is one of the main segments presenting growth potential in the coming years, but Gothaer will further bank on the niche of products aimed at SMEs and will try to expand in the more

02.17.2015

Schogetten chocolate brand produced in Germany in 2013 registered sales worth some EUR22 million (around $30 million) in Romanian retail, according with ZF calculations based on Canadean data. more

02.16.2015

The durable goods market in Romania grew 13.7% last year, to over EUR2 billion, driven by sales offers, especially Black Friday and winter holiday deals, according to market research company GfK. more

02.12.2015

Almost 1 million hectoliters of wine are sold annually in modern retail networks, accounting for 40-50% in total volumes sold in Romania, according to a ZF estimate based on data from winemakers. more

02.10.2015

Belgian Developer Liebrecht & wooD will invest around EUR110 million in a retail park in Cernica, near Bucharest, which will include a Fashion House outlet center, a hypermarket, a shopping gallery more

02.09.2015

Romanian spent 1.1-1.2 billion euros shopping online in 2014, doubled compared to 2013, when online shopping stood at around EUR600 million. more

02.03.2015

Domestic consumption in Romania confirmed its recovery last year, supporting the economic growth while investments were on a downward path, and sales in the retail sector were higher compared with more

02.03.2015

Kaufland, the largest retailer in Romania by sales, makes about EUR16 million from selling toys in its over 100 hypermarkets ever year (1% of its annual sales). Its sales are higher than those of the more

02.02.2015

Private labels, the creation of modern retailers, have reached a 30% share of Romanian commerce, so annual sales can be estimated at EUR2 billion to EUR2.5 billion. more

01.29.2015

Players in Romania’s modern retail announced ambitious expansion plans for this year, with over 250 new stores scheduled for opening, mainly on small format. Investments could reach EUR200 million. more

01.28.2015

Retail pharmacy chain Sensiblu, the second-largest in Romania, has launched a new brand, Farmacia Punkt, which it will take to the crowded districts of Bucharest. more

01.23.2015

Car purchases by individuals rose by 20% last year, in line with the market, with a trend of buyers paying cash in the detriment of classical products, such as bank loans. In the case of legal more

01.23.2015

The weight of leu-denominated loans has risen by 8% in the past two years, a period that saw a significant decline of leu interest rates and the withdrawal of foreign currency financing lines extended more

01.22.2015

DIY retailer Dedeman, owned by brothers Adrian and Dragos Paval, has earmarked investments of more than EUR60 million for 2015 in network expansion, with the retailer set to open at least four new more

01.19.2015

Corsar Online, which manages cel.ro, one of the largest online computer and electronic stores in Romania, posted 145 million lei (EUR32.1 million) sales in 2014, an increase of 33% against 2013. more

01.14.2015

In December, traditionally the best month for retail and consumption, supermarket and hypermarket chains in Romania registered flat or slightly higher sales against the same month of 2013, according more

01.14.2015

The number of individuals who were more than 30 days late in paying back loans contracted from banks and non-banking financial institutions climbed to 713,000 in late November 2014, meaning a leap of more

01.13.2015

eMag, the leading online retailer in Romania, owned by South Africa’s Naspers and Romanian entrepreneur Iulian Stanciu, expects to reach one billion euro revenue in 2017, following international more