04.04.2014

Online construction material retailer Depozit-Online.ro had a turnover of more than EUR5 million in 2013, from EUR1.9 million in 2012, and is seeking financing from banks or partners in view of more

04.04.2014

Gilles Roudy came to Romania for the first time in 2006, returning several times since then. Last December, he moved here to take over the reins of Metro Cash&Carry store network. more

04.03.2014

Romanian retail sales rose 8.7% in February from the year-earlier month, the third largest increase in the European Union, official data showed Thursday. more

04.03.2014

Retail sales rose 9% on the year in February, reaching a two-year high, but tax collections to the state budget did not increase as a result. more

04.02.2014

Bucharest, Kiev and Sofia are the only capital cities in Central and Eastern Europe (CEE) where real estate developers are building shopping centers totaling over 100,000 square meters, according to a more

04.02.2014

Romanian adjusted retail sales rose 1.3% in February from the earlier month, on higher sales in most sectors, the statistics institute INS said Wednesday. more

04.02.2014

Businessman Sorin Bonciu, who a year ago took over the ten Interex stores after the French shareholders left the Romanian market, started finding tenants or buyers for them. more

04.01.2014

Real estate consulting firm CBRE Romania has appointed Oana Vijiala as leasing manager within the retail department. more

03.27.2014

Nine international groups, holding 12 modern retail networks overall, are still present on the Romanian market, after the departure, in recent years, of Turkey’s FIBA (with G’market stores), more

03.26.2014

Leu-denominated loans to individuals and companies rose in February by the equivalent of 250 million lei (EUR55 million), half the growth clip registered in January, but, despite the slower pace, the more

03.20.2014

Consumption inched up by 0.4% in 2013, propped by December figures, as Romanians reopened pockets to buy home appliances, furniture and clothes. In January, though, retail sales advanced by almost 6%, more

03.18.2014

German-held retailer Lidl acquired the former sweets plant of Brasov owned by Mondelez Romania, the producer of Poiana chocolate, but plans to sell part of the land plot for the construction of a more

03.17.2014

Romanian consumers spent almost EUR14 billion in hypermarket, supermarket, discount store chains and traditional retail stores last year, the same as in 2012. more

03.14.2014

The average modern retail area per 1,000 inhabitants stands at just 84 square meters in Romania, five times smaller than in Germany and over threefold smaller than in the Czech Republic or Poland. more

03.13.2014

Italian lingerie and swimsuit retailer Yamamay will open its second store in Romania at the end of the week, which is located in shopping center Iulius Mall Timisoara. more

03.13.2014

Greek-held Marinopoulos has closed down all Gap stores of Romania. The last to be shut down was the one of Baneasa Shopping City, marking the exit from the Romanian market of the US brand, the more

03.13.2014

Retail investments in Romania represent less than 1% of the total volume registered at European level in 2013, although last year transactions with retail projects rose sharply compared with 2012, more

03.06.2014

Domestic producers state international retail chains are putting high pressure on shelf prices and are also levying a series of taxes such as the shelf or marketing ones, and all of this is hurting more

03.04.2014

Romanian adjusted retail sales rose 2.4% in January compared to the previous month, due to higher sales in all sectors, the statistics institute INS said Tuesday. more

02.21.2014

Gilles Antoine, appointed to run L’Oreal Romania two years ago, says that after bringing the business back to an upward trend, he wants it to become leader of the domestic market and exceed the more

02.20.2014

Farmec Cluj, Romania’s largest cosmetics producer, saw its revenue advance in each of the past five years of crisis, as on a market dominated by multinationals Farmec products are 30-40% cheaper more

02.20.2014

Sales of tequila, a drink that sold less than 20,000 liters on the Romanian market a decade ago, reached some 228,000 liters last year, up 43% compared to 2008, while most spirits categories saw more

02.19.2014

Bebe Tei, the first children’s products supermarket opened in Bucharest, has boasted higher-than-expected results since launch last April until present, says Dragos Vladu, one of its shareholders. more

02.19.2014

Eugen Paturan, the entrepreneur who holds the Bata franchise in Romania together with his wife, is bringing a new footwear brand, New Balance, rivaling Nike and Adidas, on the Romanian market. more

02.18.2014

Sports equipment retailer Hervis, which had planned to open 40 stores in Romania by 2013, had its plans hindered by the crisis and managed to open just 13 stores by the end of last year, citing weak more