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.
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Avon Adds Franchised Brick And Mortar Stores In Romania
yesterday, 22:47
Direct selling company Avon, one of the largest actors on the cosmetics market in Romania, expanded into retail last year, opening franchised stores. more
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Auchan Set To Open Two New Stores In The Coming Period
yesterday, 17:35
French food retailer Auchan is carrying out a recruitment campaign for more than 120 employees as it seeks to open two new stores in the coming... more
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Leroy Merlin To Open Its 2nd Store In Iasi In First Half Of 2025
yesterday, 14:03
French do-it-yourself (DIY) retailer Leroy Merlin will inaugurate its second store in the city of Iasi, in the first half of 2025, within the new... more
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EUR500M RIVUS Project To Bring Chic Chic Urban Fashion Store Chain To Cluj-Napoca
01.28.2025
RIVUS, the mixed-use project developed by IULIUS and Atterbury Europe within an investment estimated at EUR500 million, will bring Chic Chic Urban... more
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Decathlon Plans To Resume Expansion In Romania In 2025
01.27.2025
Sporting goods retailer Decathlon, which arrived in Romania in 2009, will resume expansion in the country and open new stores in 2025 and 2026,... more
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Real Estate Developer Zacaria Starts On Its Retail Park In Cisnadie
01.23.2025
Real estate developer Zacaria, part of international Alf Mizzi & Sons group established in Malta, is starting work on its first retail park, in... more
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Reserved Replaces Zara In Bucuresti Mall
01.23.2025
Fashion retailer Reserved, held by Poland’s LPP, is opening a store in Bucuresti Mall, in the space vacated by Zara, one of the best-known... more
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Poland's Żabka Group Expands In Romania With froo Brand
01.20.2025
Polish-held retailer Żabka, one of Europe's largest chain of convenience stores, has officially started its expansion in Romania with the launch... more
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Ciprian Tanasescu Leaves Freshful After Almost Four Years
01.17.2025
Ciprian Tanasescu, manager of the Ultrafresh business unit of Freshful by eMAG in the last almost four years, ended his stint with the company on... more
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Online Bookstore Libris Book Sales Up 21% In 2024
01.14.2025
Libris.ro, one of the largest online book retailers in Romania, posted significant growth of its book sales volume of 21% in 2024 compared with... more
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Retailer La Cocos To Open Its First Hypermarket In Brasov On Jan 24
01.09.2025
Retailer La Cocos, famous for its low pricing strategy, announces the opening of its first hypermarket in Brasov (central Romania) on January 24. more
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Mega Image Owner Ahold Delhaize Completes Acquisition Of Romanian Retailer Profi From MidEuropa
01.03.2025
Dutch-Belgian Ahold Delhaize Group, the owner of retailer Mega Image, has finalized the acquisition of Romanian grocery retailer Profi Rom Food SRL... more
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Grocery Retailer Annabella Opened 10 Stores In 2024
12.31.2024
Store chain Annabella, one of the most powerful grocery retail businesses in Romania, opened ten stores in 2024 and invested in its second retail... more
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Zabka Grows To More Than 50 Stores In Romania In Less Than Eight Months
12.27.2024
Poland’s Polish group Zabka, which has a network of more than 10,000 stores in its home market, entered Romania’s grocery retail market about... more
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Independent Retailer OTOTO Readies To Open Its 4th Store In Bucharest, 2nd In Vienna
12.24.2024
Ototo, a retailer that brings hundreds of independent brands under its umbrella, continues its expansion both in Romania and abroad, namely, in... more
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Profi Gets EUR20M Loan From Banca Transilvania, EBRD Guarantees Up To EUR10M
12.23.2024
The European Bank for Reconstruction and Development (EBRD) has announced in a press statement a partnership with lender Banca Transilvania to... more
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Louis Vuitton Opens Store On Ground Floor Of Athénée Palace Intercontinental In Bucharest
12.20.2024
Louis Vuitton, one of the biggest names in the luxury industry, has opened a new store on the ground floor of the Athénée Palace Intercontinental... more
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Complice.ro: Average Budget For Experiential Gifts At RON550 In 2024
12.20.2024
The average budget for experiential gifts has reached RON550 in 2024, according to representatives of Complice.ro, the online store providing... more
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Dan Ostahie Takes Over Brico Dépôt DIY Stores from Kingfisher for EUR70M
12.18.2024
Dan Ostahie, one of the most powerful local entrepreneurs, Altex founder, has acquired the local operations of DIY retailer Brico Dépôt from... more
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Carrefour Romania To End 2024 With 178 Express Units Across Romania
12.17.2024
Carrefour Romania will end 2024 with a network of 178 Express units nationwide, after opening 16 integrated stores and six franchise stores. 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.