11.01.2012

Romania’s Competition Council said in a report Thursday that promoting foods made in Romania could be unfair toward food producers in other European Union countries. more

10.26.2012

The fall came with good results for the furniture industry, as companies in this business say they achieved the budget targets and some of them are optimistic about the fourth quarter, usually the more

10.25.2012

About nine in ten Romanian small retail stores operate on the black market, while authorities turn a blind eye to them and check only those which operate legally, Sorin Minea, head of the food more

10.24.2012

Musette, the Romanian manufacturer of shoes, bags and accessories, will open its first store in Paris, France, in mid-November. After New York, Ulaanbaatar, Luxembourg and Beirut, the shoes made in more

10.16.2012

Romania is ranked first among the top five opportunistic destinations in Europe for investors in shopping centers, outranking Poland, Hungary, the Czech Republic and Austria, according to a survey by more

10.09.2012

Inditex, the leader of the Romanian fashion market with EUR122 million in revenue last year, will open four more stores in the mall Carrefour is developing in Ploiesti together with South-African more

10.02.2012

Romanian adjusted retail sales inched up 0.7% in August from the earlier month, supported by higher sales of fuel and food items, the statistics institute INS said Tuesday. more

10.02.2012

Businessman Nicolae Sarcina of Gorj (southern Romania), who owns the Succes group is expanding in Bucharest with the store chain by the same name. The company, which has only one store in Bucharest at more

09.24.2012

The owners of Bucharest shopping center Cocor plan to sell the unit’s commercial spaces separately, and the minimum price was set at EUR5,000 per square meter. more

09.19.2012

The major do-it-yourself retail networks on the local market, where Romanians spend more than EUR1 billion a year on construction supplies, interior decorations and other home improvement products, more

09.10.2012

EUR210 million or EUR180 million - that is how much international real estate investors were willing to pay, and did in some cases, for a mall in a city other than Romania’s capital Bucharest in more

09.07.2012

Electricity, cars, constructions, the telecom sector are the leading markets that saw declines in the first six months of this year against the similar period of 2011, signaling that good times will more

09.06.2012

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09.04.2012

Romanian adjusted retail sales inched up 0.6% in July compared with a month earlier, largely fueled by growing demand for non-food items, the statistics institute INS said Tuesday. more

08.30.2012

Lidl and Penny Market, the only two companies left on the local discount retail market, will have over 300 stores by yearend, 45 more than at the beginning of 2012. The two networks, which operate more

08.28.2012

The ranking of the largest retail companies is dominated, as expected, by Carrefour, Real and Penny Market – foreign companies whose annual turnovers range between a little over EUR400 million and more

08.07.2012

UK’s state-run RBS is taking concrete steps towards putting into practice its strategy to withdraw from its Romanian retail business and focus on services for corporate clients: 350 employees more

08.06.2012

Some 330,000 square meters of new shopping center space are currently under construction in Romania, with delivery due in the second quarter of the year and in 2013, according to real estate more

08.03.2012

Romanian retail sales fell 1.1% in June from the previous month, the third largest decrease in the European Union, official data showed Friday. more

08.02.2012

Romanian adjusted retail sales rose 4.4% on the year in the first six months of 2012, on higher demand in all sectors, the statistics institute INS said Thursday. more

08.01.2012

Romania’s northeastern town of Suceava ranks first in a classification according to commercial real estate investment per 1,000 inhabitants, while 13 of the country’s county capitals have no such more

07.31.2012

The five largest foreign fashion retailers on the local market, which control 220 stores generating over EUR220 million in revenue, set out to open more than 20 new stores in the second half, most more

07.30.2012

South African multinational media group Naspers bought 70% in eMag, the largest online retailer in Romania, which registered about EUR150 million in sales last year. more

07.25.2012

Romanian retail market will be quiet until the end of summer as investors are reluctant mainly due to the exchange rate fluctuations amid political tensions, Luiza Moraru, head of the retail more

07.23.2012

Carrefour Property Romania and South-African real estate investment fund New Europe Property Investments (NEP.RO) obtained a EUR26 million loan from BRD-Groupe Societe Generale (BRD.RO) to jointly more