12.10.2024

Romania's Competition Council has announced in a press statement on Dec. 10 that it has launched an investigation into possible anti-competitive agreements on the local sporting goods market. more

06.30.2023

Romania had the lowest price level for consumer goods among the EU Member States in 2022, with 42% below the EU average, being the least expensive country for food and non-alcoholic beverages, in line more

11.25.2022

Aquila, leader of Romania’s consumer goods distribution, wants to develop on the frozen food segment, but is also contemplating company takeovers. more

04.28.2022

Sport Guru, the main retailer and distributor of specialized sporting goods domestically, posted total sales of RON38.4 million at the end of 2021, up 62% on the year, and RON2.8 million net profit, more

11.23.2021

Leszek Wacirz, country manager at Nestle Romania, says the company wants to double its activity locally in the next 5-10 years, both through organic growth, through the product mix and via potential more

10.25.2021

Czech sporting goods retailer Sportisimo forecasts two-digit turnover growth in Romania in 2021. more

10.19.2021

Decathlon, the leading sporting goods retailer in Romania, budgeted growth 20% in sales for this year, which means more than RON1 billion for the first time, ZF has calculated. more

10.13.2021

Sporting goods retailer Hervis Romania in 2020 generated turnover worth RON234 million, 7% lower than in 2019. In 2020, non-essential physical stores shut down for several months, so that fashion, more

09.02.2021

Bacau-based Simba Invest, a major consumer goods distributor in Romania, in 2020 generated turnover worth around RON495.9 million (EUR102.9 million), up 10% from the previous year, in line with ZF more

06.22.2021

Romania, Bulgaria and Poland have the lowest price levels for consumer goods, half the European average, while Denmark, Ireland and Luxembourg have the highest price levels, way above the EU average, more

06.10.2021

Sporting goods retailer Sportisimo seeks to double its retail chain in Romania over the next five years, following the good results of the already operational stores. more

04.16.2021

More and more people are now aware they need to exercise and that a healthy body handles complicated health situations better, says Catalin Pozdarie, chief executive officer of sporting goods retailer more

04.14.2021

The Romanian durable goods market grew 12.5% in 2020 and the beginning of 2021 brought an increase of 25.9% for January-February, compared with the first two months of 2020, per a GfK survey. more

01.13.2021

Gothaer Adds Household Goods Insurance to Its Travel InsuranceGothaer Asigurari Reasigurari, the local subsidiary of the German insurance group Gothaer, announced it was adding a household goods more

12.02.2020

Sporting goods retailer Hervis has opened only two stores out of the planned 10 this year, amid the pandemic, Hervis Romania CEO Catalin Pozdarie says, but remains optimistic about 2021. more

05.22.2020

Sporting goods retailer Decathlon has partners in Romania manufacturing clothing, footwear, and bicycles in their plants. more

05.07.2020

Decathlon is the undisputed leader of the sporting goods retail in Romania, with some EUR200 million sales in 2018, according to the latest publicly available data. It has a network of 27 brick and more

03.04.2020

Durable goods sales stood at EUR3.5 billion in Romania last year, 3.7% higher than in 2018, with the growth driven mostly by higher sales of small and large home appliances and the telecom sector, more

11.14.2019

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11.07.2019

Romanians spend more than EUR600 milion on bicycles, fitness equipment, and sports gear every year, with the money going to either specialist single or multi-brand stores, hypermarket chains and more

09.23.2019

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07.18.2019

Sporting goods retailer Intersport, one of the most powerful actors in this market, saw its sales up 7% in the first half, a higher growth rate than in the year-ago period. more

07.15.2019

The sporting goods market estimated to reach EUR500 milion next year is divided among specialist retailers like Hervis, Intersport and Decathlon, single-brand stores like Adidas and Nike, online more

07.11.2019

French-held Decathlon, the leading sporting goods retailer in Romania, ended 2018 with 16% growth in sales to 885 million lei (EUR190 million). more

05.23.2019

French-held sporting goods retailer Decathlon, which has more than 1,500 stores in about 50 countries relies on Romania for more than 60% of the production of 20 boot models. more