12.12.2013

Turkish fashion retailer Koton, which has four stores in Bucharest, has bought a 1,200 square meter building in the city’s Old Town for EUR4.5 million from an Irish businessman, sources close to the more

12.11.2013

Besides the bitter taste, which many companies in the construction business felt this year, 2013 will go down in history as the year of a number of major projects delivered on the local market, which more

12.10.2013

A Dutch investor has bought the building of the former Bucuresti department store, one of the most important retail destinations in Bucharest before 1989, from the heirs of the founders for more than more

12.10.2013

Romanian electronics and IT retailer Altex has pursued the same trajectory as the Romanian economy in the company’s twenty-year existence. The largest electronics & IT retailer was affected during more

12.09.2013

One of the most powerful Romanian managers in the retail business, Alexandru Vlad, executive director of Selgros since 2001, says the crisis is not over yet for the companies “working with and for more

12.06.2013

Nine out of 12 modern retail chains present in Romania feature in this year’s ranking of the 100 most valuable companies in Romania, with an aggregated value of EUR2.9 billion. more

12.05.2013

Swedish fashion retailer H&M opened its 30th Romanian store in Galati Thursday, and the new 1,500-sqm unit is located in Galati Shopping City. more

12.04.2013

French-Belgian retailer Cora, which operates a 12-hypermarket network in Romania, officially launched Tuesday its coradrive service on the local market. The service allows customers to order products more

12.03.2013

Romanian adjusted retail sales edged up 0.4% in October from the earlier month, fueled by higher sales of food and drinks, the statistics institute INS said Tuesday. more

11.27.2013

Less than a decade ago, Bucharest’s Old Town was a place of derelict buildings, homeless people and stray dogs freely roaming the streets. Now some 200 bars, restaurants and coffee shops populate more

11.25.2013

Romanians shook off their shopping gloom for the Black Friday three-day weekend and bought products of around EUR70 millions of euros from traditional and online IT &C retail, up from last year. more

11.22.2013

eMag, the largest IT&C retailer in Romania, which last year generated sales of EUR165 million, will be the command center of South African Naspers group’s expansion to other European markets on the more

11.19.2013

Romanians buy as many electronics, home appliances and IT products as they buy fragrances, with the former making up 2.6% of the consumer basket, Madalin Rugeanu, property&development manager at more

11.19.2013

Romanians have started buying cheaper products this year and the value of the local fast moving consumer goods market (FMCG) has increased 1%, according to GfK. more

11.19.2013

Modern retail, a EUR7 billion to EUR8 billion market, has managed to gain more than half of the local retail in less than two decades, so international chains now account for 53% of it compared with more

11.18.2013

Street front retail space rents continued to rise in Romania and currently exceed EUR7 per square meter/month in Bucharest, according to real estate platform SpatiiComerciale.ro. more

11.14.2013

The Romanian retail market is becoming more and more attractive to investors and about 40% of retailers interested in Central and Eastern Europe (CEE) are looking at Romania, according to Colliers. more

11.14.2013

Retailers hosted by shopping center Shopping City Ploiesti, which was opened in November 2012, registered sales of over EUR25 million over the past year, the mall said in a press release Thursday. more

11.14.2013

The automotive retail, real estate agencies and food retail are Romania’s most competitive markets, while the cement, notaries public and natural gas production sectors are the least competitive, more

11.13.2013

The Magheru Boulevard in Bucharest is ranked 55th in a Cushman&Wakefield chart of the most expensive 64 boulevards in the world, with an average annual rent of EUR600 per square meter (or more

11.07.2013

The development of the Romanian retail sector has been cramped by the country’s macroeconomic situation, and household consumption declined in 2012 as the country’s gross domestic product more

11.04.2013

Romanian adjusted retail sales inched down 0.1% on the month in September, due to lower sales of food, drink and tobacco products, the country’s statistics institute INS said Monday. more

10.31.2013

Lipscani Street in the Old Center of Bucharest, a once thriving shopping street of the city, which is now struggling to regain its identity, will become a major shopping destination again in two or more

10.25.2013

Small retail investors have subscribed 0.5% more shares than they are offered at an initial public offering for 15% of Romanian state-run natural gas producer Romgaz. more

10.23.2013

One of the reasons why some shopping centers in Romania are facing difficulties is that they failed to keep pace with changes on the retail market and did not invest in modernization, Carmen Ravon, more