01.19.2022

British pharmaceutical group GlaxoSmithKline has sold its last factory in Romania, namely, the Ferrosan plant in Cluj-Napoca, to Hexagon Retail Properties, a privately held group involved in real more

01.10.2022

Transactions with land intended exclusively for residential and retail projects (office, retail, hotel) reached in 2021 the highest value from 2007 until present, of EUR800 million, over two and a more

01.10.2022

Ten new commercial centers and two mall expansions will be launched in 2022 on Romania’s retail real estate market. more

01.07.2022

Germany-held Kaufland, with a network of around 150 hypermarkets in Romania, is carrying out a new logistics project in Sinesti, Ialomita, around 30 away from capital Bucharest, according to ZF more

01.06.2022

Dentons, the world’s largest law firm, assisted a consortium of banks—Erste Group Bank, Raiffeisen Bank International, Raiffeisen Bank Romania and Banca Comerciala Romana— in financing the more

01.06.2022

Retail turnover, the most important private consumption indicator, in the first 10 months of 2021 rose in gross series by 11.1% against the year-earlier period, with this being the second best more

01.05.2022

2022 is expected to be the year Romania’s modern retail will witness the quickest expansion so far, with over 500 new units and investments of at least EUR1 billion. more

12.30.2021

Winemaker Davino of Dealu Mare, known for operating on the premium segment of the market, is to list some wines in major retail chains, having already signed contracts with two major players, with more

12.22.2021

Marius Vacalau, CEO of specialized retail group Lagardere Travel Retail, says he plans moderate network expansion, of 10-15% in 2022, meaning around 30 units, with the pace set to quicken should more

12.06.2021

Store chain Profi, owned by investment fund Mid Europa Partners, in the first 11 months of this year opened 154 new stores, with most of them, around half, under the Loco format destined to rural more

11.16.2021

Computer and electronics retailer Altex plans to expand its logistics area by at least two regional centers, in Moldavia and Banat. more

11.15.2021

E-commerce in 2020 came to account for around 1% in total food and consumer goods sales in Romania. Against a market of around EUR20 billion, online sales can be put at some EUR200 million in 2020, more

11.15.2021

After years of being overshadowed by major retail developments in centers such as Cluj, Iasi, Timisoara or Constanta, Craiova is readying for two new major retail projects to become a new regional more

11.09.2021

2021 has topped initial expectations for Penny Romania, despite the pandemic and inflation that hurt companies in various fields, so that the retail is poised to see turnover go up by around 15%, to more

11.05.2021

Romania retail turnover, the main barometer for private consumption, in the first nine months of this year rose by 11.9% as gross series from the same period of last year, amid rising sales of more

11.02.2021

Modern retail stores in Bucharest generated sales of RON16.6 billion to RON18 billion or 22% to 24% of the total sales of the ten international networks in the country last year, ZF has found from the more

11.01.2021

At least ten DIY stores should open in Romania soon if the retailers go ahead with the plans they announced. more

10.29.2021

Belgian investor Mitiska Reim, specialized in European shopping centers, has announced the opening of a new project in Baia Mare (northwestern Romania) and the expansion of the Medias retail park, in more

10.06.2021

Retail sales in Romania (excluding sales of motor vehicles and motorcycles) grew by 12.4% in unadjusted data year-over-year in the first eight months of 2021 and by 11.2% when adjusted for seasonality more

10.06.2021

Romania's food retail sector reached EUR19 billion in 2020, rising further despite the pandemic. The upward trend will continue, with the sector expected to grow on average 5% per year and reach EUR25 more

09.20.2021

Romania’s modern retail landscape is an exact copy of the Romanian economy as most stores are opened in the most economically powerful counties, led by Bucharest. more

09.17.2021

Wholesalers in the retail and hospitality sectors reached record sales in 2020, of RON16.6 billion, and are expected to touch a new record high, of RON18 billion, in 2021, per a Keysfin survey. more

09.15.2021

The real estate arm of Radacini Group, controlled by businessman Ali Madadi, plans to start construction works on two new retail centers, the first ones of the group, in Chitila and Pipera, more

09.08.2021

Profi retailer, controlled by Mid Europa Partners investment fund, opened 100 units in the first eight months of 2021. The initial target envisaged 250 new store openings in 2021, but the company is more

09.03.2021

The retail market recorded limited deliveries in the first half of 2021, as many projects were postponed during the pandemic and the price of construction materials rose a lot. About 60% of the more