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

02.14.2014

An exception to the expansion rule has driven the number of retail pharmacies in Bucharest to 960, 44% more than there should actually be, says Ovidiu Wencz, general manager of SIEPCOFAR, the company more

02.12.2014

The volume of land transactions in Romania could be negatively affected because most landowners are “relaxed” and in no hurry to sell their plots of land, which will further reduce retailers’ more

02.11.2014

German-held group Schwarz, which operates Kaufland discount hypermarket chain and Lidl discount stores, generated revenue of over EUR2.3 billion last year in Romania, thus controlling 13% of the more

02.05.2014

Romanian retail sales rose 5.9% in December from the year-earlier month, the third largest increase in the European Union, official data showed Wednesday. more

02.04.2014

Retail sales, the best indicator of the trend of consumer spending, unexpectedly rebounded by 6.7% in December, the National Statistics Institute announced on Monday. more

02.04.2014

Luxury brand Hugo Boss, present in Romania via a local franchisee, is set to shut down the two mono-brand stores in this country by late February, as the contract is drawing to an end and sales are more

02.04.2014

German-held fashion retailer Takko, present in Romania since the autumn of 2007, wants to open six stores this year, keeping up the expansion pace of 2013. more

02.03.2014

Romanian adjusted retail sales inched up 0.4% in 2013 compared with the previous year, fueled by higher demand for non-food items, the statistics institute INS said Monday. more

01.28.2014

Poland’s largest retail chain Biedronka is considering entering Romania via an acquisition, market sources say. more

01.23.2014

Romania makes only 134 million lei (EUR30 million) worth of toys and games a year, but "consumes" five times more and 90% of the products are imported. more

01.15.2014

Romconsulting, one of the largest owner of street retail space in Bucharest and of the Grand Offices office building of Calea Floreasca, purchased the ground floor of Mario Plaza shopping center more

01.14.2014

PC Garage, a company that manages several online computer and electronics stores like pcgarage.ro, pcfun.ro and garagemall.ro, will see growth of 30% in sales this year, outperforming the entire more

01.12.2014

Private labels launched by store chains have in recent years conquered some of the most important ranges of Romanian retailers’ sales, such as vegetable oil, yogurt, soap or chocolate, where until more

01.09.2014

Pawel Musial, chief executive of retailer Profi, says the network will add around 60 new supermarkets this year, the same as in 2013. more

01.08.2014

Romanian adjusted retail sales edged down 0.2% in November 2013 from the earlier month, due to lower sales of fuels and food products, the statistics institute INS said Wednesday. more

01.07.2014

The executives in modern retail expect a slight economic rebound this year because of a good farming season and a new increase in exports. more

12.27.2013

Auchan will have the second largest hypermarket network in Romania in 2014 when it completes the remodel of the 20 Real hypermarkets it bought from Metro, according to market research firm GfK. more

12.23.2013

Nestle Romania Chief Executive Officer Herve de Froment said Romania is the place to be when it comes to the revolution of modern retail and e-commerce, because what took Western European countries more

12.20.2013

International modern retail chains expanded their networks at a fast pace in 2013, for the third year in a row, opening 255 stores and hiring 4,000 staff. more