10.06.2014

Romanian Business Consult (RBC), the biggest local IT solution integrator for food and retail companies, expects its revenue to grow by around 10% this year, after expanding to new sectors, such as more

10.06.2014

The total revenue of the companies in the furniture retail business stood at EUR623 million last year, half the 2008 level. The furniture sector, just like the entire durable goods industry, was more

10.05.2014

Romania’s Competition Council may impose fines on 26 companies following its investigation on the local retail market targeting contracts concluded between Metro, Selgros, Mega Image, Interex and more

10.03.2014

Romanian retail sales fell 0.6% in August compared to July, the biggest decline in the EU along Slovakia, official data showed Friday. more

10.02.2014

Eugen Petrov, board chairman of electronics and appliance retailer Domo Retail, has taken over the company under a management buyout process, the company announced Thursday. more

10.02.2014

Romania’s retail sales fell in August, in yet another sign of slowdown of the domestic consumption, the main driver of growth for the country’s economy in the first half of the year. more

10.02.2014

Germany’s ara Shoes, which makes more than EUR50 million worth of shoes in Romania, does not have its own retail stores on this market, relying instead on more than 160 partner stores, the company more

10.02.2014

Romania’s largest furniture manufacturer, Baia Mare-based Aramis Invest, has expanded into furniture retail by opening a store in the Gold Plaza mall in the city. A second store is due for opening more

10.02.2014

The 12 networks that operate in the local modern retail after the first nine months of this year reached almost 1,380 stores, 143 more than in late 2013. Companies had to invest EUR130-170 million to more

09.30.2014

Retail has come to take up one quarter of the over 300 spaces of Bucharest’s old town, an area still dominated by HoReCa units. more

09.25.2014

Kaufland, the biggest player in Romanian retail, is set to add 7,200 square meters to its warehouse of Turda (Cluj county), the company’s second logistics center after the one in Ploiesti, and is more

09.24.2014

Retailers opening stores with small sales areas will continue to expand their networks “at a fast pace," on the backdrop of a low level of urbanization, while retailers opening big stores will slow more

09.19.2014

Dutch-held financial group ING will continue to invest in Romania, directing its resources mainly towards the small and medium-sized enterprise area and towards retail in an attempt to strengthen its more

09.18.2014

Retailers need to invest more in IT systems to be able to use the information about consumers and other industries faster and more easily, so as to create more relevant offers for their customers, more

09.16.2014

George Argentopoulos, the chief executive officer of the company managing the Baneasa Shopping City project in northern Bucharest, says he did not see any rise in average spending in the first seven more

09.10.2014

Romanian electronics retailer Flanco has leased a 5,000 square-meter space in the H.Essers logistical center in Bucharest, allowing it to replenish store stocks within 4 hours, the retailer said more

09.08.2014

In the first seven months of this year, almost 50,000 entrepreneurs in Romania bid farewell to the businesses they ran, down just 2% from the same period of last year, according to Trade Registry more

09.05.2014

Romanians annually spend around EUR1 billion in mobile and agro-food marketplaces, namely 7% of the money they spend in food retail, where hypermarket and supermarket chains rule, with an over 40% more

09.05.2014

Piraeus Bank, a Greek-held medium-sized player in Romania’s banking system, in January-July 2014 released retail loans matching the value of loans granted in the entire 2013 and reached monthly more

09.04.2014

Prime retail space supply in Romania has dropped to below 5% in the first half of the year, following a descendant trend both in Bucharest and regional cities, given the lack of new projects and the more

09.03.2014

Romanian retail sales rose 6.3% in July compared to July 2013, the third highest increase in the European Union, after Luxemburg and Estonia, official data showed Wednesday. more

09.03.2014

Alba-based Supremia Group, a food ingredient producer controlled by entrepreneur Levente Bara, Suceava-based Betty Ice, the second largest producer of ice-cream owned by Vasile Armenean, and Sonimpex more

09.02.2014

Romanian adjusted retail sales rose 0.4% in July from the earlier month, on higher sales of food products, the statistics institute INS said Tuesday. more

09.02.2014

German-held retailer Kaufland, the biggest player in Romanian retail, opened its first small format (around 2,000 square meters) store in Romania. The store was opened in Gherla locality of Cluj more

09.01.2014

Arsis Trading, the largest telecom store network controlled by a Romanian entrepreneur, registered revenue of RON58.3 million (EUR13.1 million) in the first half of this year, up 4% compared to the more