07.16.2024

Dutch discount non-food retailer Action is getting ready to enter Romania, ZF sources say. The group has already begun recruiting for management positions to build a core team first. more

06.06.2024

French retailer Auchan has rebranded two Auchan Discount stores, located in the cities of Timisoara and Ploiesti, under the new discount hypermarket format ATAC, reaching three units under this more

04.10.2024

Retailer Auchan is opening the first discount hypermarket under the Atac brand, in Romania's central city of Brasov. more

03.23.2023

French-held retailer Auchan, which has hypermarkets, supermarkets, convenience and online stores in Romania is entering the discount retail segment, one of the most popular in Romania in the last few more

10.08.2021

German-owned discount store chain Penny aims to have 60% of products sold in Romania manufactured and processed in Romania by 2022, according to the company’s representatives. more

05.20.2021

Discount grocery retail chains had their best year in Romania in 2020, posting sales of more than EUR3.5 billion with more than 550 stores, 60 of which newly opened, ZF has found. more

12.08.2020

German discount fashion store chain Kik has grown to 54 stores in Romania after having opened 17 in several cities of the country during the pandemic. more

08.18.2020

Discount retail chains – Lidl, Penny and Supeco, now account for one fifth of the modern retail sales, after their sales went up twice faster than the market on average last year. more

08.14.2020

German-held discount retailer Lidl could become market leader in Romania in 2020 if the growth pace of the first few months continues, says Frank Wagner, the executive who runs the local operations of more

04.21.2020

French-held retailer Carrefour continues to develop the Supeco discount store chain, which is considered to be a winner at this time of crisis and ever after that. more

03.27.2020

Companies paying their first-quarter tax on profit early, by April 25, will get a discount of 5% to 10% of their due tax, the finance ministry said in a statement. more

11.11.2019

Discount store chains increased their market share to about 9% by the end of last year, from only 5.2% seven years earlier. The local market, along with Poland, saw the highest growth rate in more

05.21.2019

Polish-held discount retail chain Pepco, which sells products at prices starting from 1.99 lei (EUR0.41) posted about 35% increase in sales to almost RON900 milion in 2018. The sales are more than more

12.13.2018

The local fashion market put at some 15 billion lei (EUR3.21 billion) has become increasingly attractive to low price retailers like Pepco (Poland), Kik (Germany), and Miniso (Japan). The latter two more

08.30.2017

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07.05.2017

The reorganization of the six XXL Mega Discount stores will be completed by yearend, when the shopping galleries will be filled. However, the anchors, Penny Market stores, will be inaugurated over the more

05.11.2017

German-held discount store chain Lidl bought two XXL Mega Discount stores in Sibiu and Galati for its direct rival Penny Market, market sources say. The deal comes after the closing of the eight XXL more

05.09.2017

Germany’s discount store chain Aldi has started the process the recruit a local management team, which is the first step of its intent to enter Romania, market sources say. more

01.27.2017

German discount retailer Lidl is in pole position to buy the XXL Mega Discount stores in Sibiu and Galati, owned by German group Rewe, according to market information. more

01.19.2017

Modern retailers operating small format stores of less than 1,000 square meters have been opening stores close to or in the new residential compounds in Bucharest and in the rest of the country. more

04.12.2016

German retail group Rewe is in talks to sell its eight XXL Mega Discount stores in Romania, market sources told ZF. more

04.01.2016

Polish discount retailer Pepco, which sells low-price apparel, footwear and accessories and entered Romania less than eighteen months ago, has already grown to about 50 stores in the large and more

09.21.2015

The state’s policy on listing the companies in which Romanian investment fund Fondul Proprietatea (FP.RO) owns stakes, the energy sector regulations and the delay in the fund’s listing on London more

06.04.2015

Local furniture retail, an about EUR700 million market, might attract the first major European discount retailer in the next two or three years, ten years after the arrival of world’s largest more

12.22.2014

Modern retailers have split Romania among themselves, so the supermarket and convenience store chains opened almost half of their stores in Bucharest and the surrounding Ilfov County, while the more