Lidl Opens More Than 30 Stores in 2020
12.16.2020
German discount grocery retailer Lidl has opened 33 stores, either built from scratch or relocated this year, nearing 300 stores in Romania. It will continue expansion in 2021, as well.
-
Evomag Sees EUR7M Sales On Black Friday 2024
11.21.2024
Online retailer Evomag, one of the main players in the local IT&C market, recorded orders of EUR7 million during the Black Friday 2024 campaign,... more
-
dm drogerie markt Romania Ends FY2023-2024 With RON1.77B Revenue, Up 35%
11.21.2024
Retailer dm drogerie markt Romania ended fiscal 2023-2024 on September 30 with RON1.77 billion revenue, an increase of 35.35% on the previous year. more
-
EY Holiday Shopping Survey: Global Cost Of Living Crisis Drives Shoppers To Seek Out More Bargains
11.11.2024
Consumers’ continued passion for seasonal sales is being fueled by the global cost of living crisis, driving shoppers to seek out more bargains... more
-
eMAG Overshoots EUR800M Sales Mark In First 12 Hours Of Black Friday Campaign
11.08.2024
eMAG, the region's largest online retailer, has overshot the RON800 million mark for this year’s Black Friday it had set out to achieve. In fact,... more
-
Investment Fund Innova Capital Makes Three Acquisitions and One Exit in Less Than Two Years
11.05.2024
Innova Capital, a major financial investor in CEE, has made three acquisitions and an exit on the local market in the past two years. more
-
Survey: Romanian Brands Maintain Their Relevance; 32% Of Commercial Brands Eligible for Superbrand Status Originate From Romania
10.23.2024
The ranking of the 20 commercial brands, which were declared eligible for the Superbrand status in the 2024 edition of the Superbrands Romania... more
-
Casa Rusu Stores Go Insolvent As Founders Seek To Save Furniture Manufacturing Operations Of Rus Savitar
10.18.2024
Casa Rusu, the operator of the furniture stores by the same name has gone insolvent at the request of Rus Savitar, the company part of the same... more
-
ARMO: Romania Ranks 3rd Among EU Countries In CEE By E-commerce Value
10.11.2024
Romania ranks 3rd among EU member states in Central and Eastern Europe in terms of e-commerce value, after Poland and the Czech Republic, according... more
-
Jumbo To Open Its First Store In Cluj
10.01.2024
Greek toy and interior decoration retailer Jumbo will be opening its first store in the city of Cluj, within the future Rivus shopping center... more
-
Leroy Merlin Owners Won’t Comment On Talks With Kingfisher Over Brico Dépôt
09.27.2024
The officials of France-based ADEO Group, held by the Mulliez family, which owns Leroy Merlin in Romania, will not comment on the information about... more
-
UK’s Kingfisher In Talks To Sell Brico Dépôt In Romania
09.27.2024
UK’s Kingfisher Group, which owns DIY retailer Brico Dépôt in Romania, is in talks to sell the operations in the country, market sources told ZF. more
-
Auchan Continues Investment In ATAC Hiper Discount Chain
09.26.2024
Retailer Auchan continues to invest in the ATAC Hiper Discount store network, which reaches seven stores, with the latest openings taking place in... more
-
Leroy Merlin To Open Its First Store In Pitesti On Oct 2
09.25.2024
Do-it-yourself (DIY) store chain Leroy Merlin will be opening its 22nd store in Romania and its first in the town of Pitesti, on October 2, 2024. more
-
easySales Survey: 50% Of Consumers Placed 1-3 Online Orders In Last 30 Days
09.25.2024
The online commerce has significantly developed over the last years and the volume and frequency of orders is constantly growing, as per a survey... more
-
Tei Group Opens Pharmacy And Bebe Tei Store In ElectroPutere Mall In Craiova
09.19.2024
The Tei Group, made up of Farmacia Tei and Bebe Tei, has opened new stores in Dolj County, in ElectroPutere Mall in Craiova, an investment that is... more
-
Iulius Mall Suceava Starts EUR40M Expansion Process
09.16.2024
Iulius Mall Suceava has begun an expansion process that will result in the largest retail area in the north of Romania, over 60,000 square meters,... more
-
Survey: Romanians Spend More Time In Shopping Malls Despite Spending More Time To Get There
09.11.2024
Urbanization and the expansion of cities in Romania, through the construction of new housing units, apartment buildings, residential complexes and... more
-
Trendyol Gains 500,000 Customers In Eight Months Since Arrival In Romania, Aims For 1M By Yearend
09.10.2024
Türkiye-based Trendyol, which created a marketplace platform for fashion and other products that can be sold online, has grown to 500,000... more
-
IKEA Plans To Open More Stores In Romania
08.27.2024
IKEA wants to open more stores in Romania and is looking at several cities and also the possibility of adding more stores in Bucharest, where it... more
-
Poland’s Froo Opens 20th Franchised Store In Romania
08.27.2024
Froo Romania Retail, a company of Poland’s Żabka Group, has opened its 20th franchised store in Romania, on the Iuliu Maniu Boulevard in... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.