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

07.14.2014

“Do your daily shopping at small merchants. Buy bread, milk and Coca-Cola”. This is the latest campaign of US giant Coca-Cola encouraging Romanians to continue going shopping in traditional more

07.11.2014

The Romanian retail market is expected to grow 4.3% this year after a 4.9% growth last year to EUR26 billion, one of the best performing retail markets in Europe, according to a study by market more

07.09.2014

Carlo Barban, the Italian appointed to run the Winmarkt retail centers in 13 cities in Romania this spring, says the group is not considering expansion in this country but consolidation and has EUR5 more

07.03.2014

Romanian retail sales rose 10.9% in May from the year-ago month, the second highest increase in the European Union, official data showed Thursday. more

07.03.2014

Private labels have conquered 10% of the overall fast moving consumer goods market and almost 20% of the food market, so one in five lei Romanian consumers spent on food in the first quarter went to more

07.02.2014

Romanian adjusted retail sales rose 1.9% in May from the earlier month, on higher sales in most sectors, the statistics institute INS said Wednesday. more

07.01.2014

Profi supermarket chain of Polish investment fund Enterprise Investors, opened 26 new stores in the first half, or one third of the total new stores opened by modern retailers in this period. The more

06.27.2014

The Credit Bureau, the institution that collects data on household loans, released five million reports at banks’ request for information on the situation of existent and potential clients in more

06.25.2014

French group Carrefour is expanding further on the hypermarket segment in Romania and is set to open two large stores in southern Bucharest and in Targu-Jiu in the next three months. more

06.24.2014

International retailers have started tapping rural areas, small domestic entrepreneurs’ “last bulwark” in recent years, and stores’ wider product range and lower prices are helping modern more

06.18.2014

The modern retail stock outside Romania’s capital city Bucharest is 1.9 million square meters, the bulk of which is the country’s North-East, South-East and North-West regions which are the most more