03.27.2012

Sorana Georgia, manager of supermarket chain Billa, says 2012 will be the best year for the company she runs both in terms of turnover and in terms of the number of openings. Billa’s estimates come more

03.21.2012

Bucharest’s shopping center floor-space per thousand people stands at 185 square meters, one of the lowest rankings in Europe, after Paris with 141 sqm and Vilnius with 130 sqm, according to a more

03.15.2012

Romania should amend the law on the sale of food products, as it has had negative effects on the market, Competition Council president Bogdan Chiritoiu said Thursday. more

03.14.2012

Mikael Ohlsson, the chief executive officer of IKEA, world’s largest furniture company, says he is in no hurry to open the next store in Romania and prefers to do things step by step, as IKEA is not more

03.08.2012

Metro Cash&Carry, the largest retailer on the Romanian market by sales, is the first to provide a pessimistic estimate about the consumer-spending trend this year. The company, whose last year sales more

03.07.2012

Modern retail companies invested about EUR50 million in the first two months of year to open 29 stores throughout Romania. They did it in part because they were encouraged by the four consecutive more

03.06.2012

Consumption showed the first signs of rebound in the last quarter of last year and pursued an even faster rise in 2012. The almost 10% increase came from food retail, which was helped by the bad more

03.05.2012

Romanian retail sales rose 3% in January from the previous month, the third largest increase in the European Union, official data showed Monday. more

03.02.2012

Romanian adjusted retail sales rose 2.9% in January compared with a month earlier, largely fueled by growing demand in all sectors, the statistics institute INS said Friday. more

02.29.2012

Romanian do-it-yourself retailer Dedeman, controlled by brothers Adrian and Dragos Paval in Bacau, continues to surprise with rising sales, which came close to the EUR500 million mark last year. more

02.28.2012

Managers expect a moderate increase in industry and relative stability in construction, retail and services for the February-April interval of 2012, according to data published Tuesday by the Romanian more

02.27.2012

Romanians spend half a billion lei (over EUR100 million) on toys and games a year and the amount will continue to increase. The local toy market might even see annual growth of 14% from 2010 through more

02.23.2012

German do-it-yourself company Praktiker, which operates a 27-store network on the Romanian market, has reduced the number of employees from 2,500 to 2,000, while sales went down to half compared to more

02.22.2012

German retailer Billa, part of the Rewe group, will open at least ten stores this year in Romania, and its investment budget, which includes remodeling of older stores, stands at EUR20 million to more

02.16.2012

Romanian businessman Dinu Patriciu surprised the entire retail market in 2010 when he “declared war” on foreign retail chains and started to develop the Mic.ro and Mac.ro stores (formerly Minimax more

02.13.2012

Businessman Nicolae Sarcina, who owns the Succes store chain, plans to focus on hypermarkets and private brands in 2012. more

02.08.2012

Fashion retailers C&A and New Look are pursuing last year’s fast expansion and have planned more than ten store openings this spring in several Romanian cities outside capital Bucharest, where they more

02.07.2012

Retailers Lidl, Mega Image and Profi will invest EUR120 to EUR150 million this year, according to ZF estimates. The money will be used to open about 170 stores on the local market, thus setting a more

02.06.2012

Romania is battling extreme temperatures and the southeast region is disrupted by the blizzard. Schools are closed, dozens of roads are blocked and some domestic flights have been cancelled. Hotel more

02.06.2012

The discounter store sector has successfully covered all the counties of the Romania with just two companies, Penny Market and Lidl. more

02.03.2012

Romanian retail sales rose 3.9% in December from the year-earlier month, the fifth largest increase in the European Union, official data showed Friday. more

02.02.2012

Romanian adjusted retail sales fell 3.3% in 2011 compared with the previous year, on lower sales in most sectors, the statistics institute INS said Thursday. more

01.30.2012

The street protests of the past couple of weeks and the bad weather have been felt in companies’ accounts, but only for a few days, without significantly affecting full-month results. more

01.27.2012

French retailer Auchan will start the development on the Romanian market of shopping centers branded as Auchan City. The first of them will be built this year in the Giulesti district, in the more

01.26.2012

Bankruptcy has not affected many major businesses in the past three years, only around 20, shows a ZF review of the biggest bankruptcies in the past three years. more