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

08.27.2014

The retail spaces bordering the boulevards in Bucharest are now housing about 1,000 pharmacies and as many bank offices so a ten-minute walk on a main street like Stefan cel Mare reveals 14 pharmacies more

08.19.2014

Austrian property investor Immofinanz wants to bring to Romania a network of small-sized shopping centers, a concept it was planning to develop on the Romanian market before the start of the financial more

08.19.2014

Farmacia Tei, a company that posted almost EUR14 million sales with only one retail pharmacy last year, is considering expansion by opening a new such store in Bucharest’s district one or three, more

08.18.2014

The takeover of the 42 Agip gas stations that Italy’s ENI had in Romania helped Hungarian-held MOL consolidate its position in the south of the country and expansion plans will continue, says Kinga more

08.15.2014

International giants like Coca-Cola, Nestle and Unilever, are starting to turn their attention towards the small traditional retailers, a market of some 70,000 to 80,000 companies and about EUR8 more

08.14.2014

The computer and electronics retail market gained 10% to 15% in the first half and companies in the industry expect growth of 20% for the entire year, driven by the invigorating purchasing power and more

08.05.2014

Romanians are largely loyal to their mobile telephony and internet service providers (30%), followed by cars, clothing, food and medical service brands, while at the opposite end consumers are less more

08.05.2014

Kaufland, the leader of the Romanian retail market, aims to reach EUR2 billion in revenue in Romania by the end of financial year 2017-2018. more

08.04.2014

Romanian adjusted retail sales rose 8.2% in the first six months compared with the same period of 2013, on higher sales in all sectors, the statistics institute INS said Monday. more

08.03.2014

Nissa, a Romanian family business in the fashion industry that began more than a decade ago, set out to have 90% of its sales generated by foreign markets in five years, compared with one third now. more

07.31.2014

Consumer goods producer Nestle generates around 40% of sales in Romania from traditional retail, a market of 70,000-80,000 units, as a solid part of its clients are shopping there. more

07.30.2014

Romania has one of the most competitive retail markets in Europe, and the top three companies operating on it by revenue, Kaufland, Carrefour and Auchan account for 25% together, while the European more

07.17.2014

Romanian entrepreneur Sorin Minea and Switzerland’s Angst family are in talks with several retail networks including Mega Image for the sale of Angst stores or the sealing of a partnership for a more

07.14.2014

Demand for large loans, largely corporate ones, advanced by just 12,000 applications in the first five months compared with the same period of last year, with banks requesting 439,000 reports from the more