09.15.2014

Swedish fashion retailer Hennes & Mauritz (H&M) will reopen Thursday its store in the Bucuresti Mall shopping center in Bucharest, after it was expanded by nearly 70% to include its home deco more

09.11.2014

Romanian online retailer eMAG.ro has started selling furniture and home decorations with the launch of its Home&Deco category, which it expects will reach sales of RON30 million in the first year. more

09.10.2014

Orastie-based Sogeco plant owned by Dutch group Philips, Romania’s second largest exporter of electrical home appliances, reported revenue of EUR101 million for 2013, up 40% against 2012. more

08.29.2014

Romania's government will redistribute funding left unused from the RON500 million guarantee budget for housing built by the National Housing Agency (ANL) under the "First Home" mortgage lending more

08.19.2014

Swedish fashion retailer Hennes & Mauritz (H&M) will expand its store in the Bucuresti Mall shopping center in Bucharest, to include its home deco collection. more

07.29.2014

Betty Ice, one of Romania’s biggest ice-cream producers, is testing a home delivery project in Bucharest, in the context in which the company is already present in stores countrywide and has almost more

07.22.2014

Romania's national guarantee fund for SMEs has granted over 11,000 guarantees under the government-backed mortgage lending First Home program in the first half of the year. more

07.07.2014

Miele Appliances, the home appliances company, estimates growth of 50% in revenue to almost 13 million lei (EUR2.9 million) for 2014 after a slight decline last year for the first time since 2009. more

07.02.2014

Italian-held home appliances manufacturer De’Longhi, which opened a plant on some of the space vacated by Nokia in Jucu, near Cluj, ended its first year in business in Romania in the black posting more

06.16.2014

InterstarChim, the company that manufactures and distributes in Romania cleaning products under brands such as Biocarpet or Rivex, in 2013 overshot the RON100 million (EUR24 million) mark after an more

05.19.2014

Gaesti-based electrical home appliances producer Arctic ended last year with revenue of 1.42 billion lei (EUR321.5 million), up almost 4% on the year. While revenue continued to rise, the growth pace more

05.19.2014

Sales of TVs, refrigerators and smartphones went up 6.9% in Romania to EUR1.7 billion last year, and the local durable goods market growth was the second highest in Europe, after Hungary. On the other more

05.16.2014

South-Korean giant Samsung in 2013 generated revenue of around 2.85 billion lei (EUR644 million) in Romania, up 20% year-on-year and almost 80% higher than in 2011, the first entire year of direct more

05.13.2014

Vienna Insurance Group's Romanian businesses will not join the country's Pool of Insurance against Natural Disasters (PAID), which sells mandatory home insurance, as long as its portfolio is more

05.07.2014

Furniture and home decor retailer kika Romania has posted a two-digit sales increase since November in the wake of changes related to marketing policy and prices, says country manager Lars Lund. The more

04.28.2014

The electrical home appliances market registered growth of below 10% in the first months of this year, driven by sales of low-penetration items such as built-in products and dishwashers. more

04.24.2014

National housing agency ANL sold, between October and April, 380 apartments via the “First Home” mortgage lending program, totaling RON37 million, almost similar with the agency’s total sales more

04.04.2014

The Brasov plant of Germany’s luxury home appliances producer Miele has come to manufacture 4 million electronic units (home appliances parts) per annum and its revenue hit EUR27 million in 2013, up more

03.27.2014

Romania may become production hub for home appliances in the coming years, as several large producers have voiced their interest in expanding existing plants or opening new units. The cheap and more

02.25.2014

Romanian lender BRD Groupe Societe Generale has received a new guarantee ceiling of RON320 million from the guarantee fund for SMEs and may grant a total RON640 million in mortgage loans under the more

02.20.2014

Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO) raised its guarantee ceiling for government-backed “First Home” mortgage lending program by 252 million lei (EUR56.1 more

01.09.2014

The Romanian Government alloted 2 billion lei (EUR444 million) for the “First Home” mortgage lending program this year, out of which RON740 million are funds unused in 2013, according to the more

12.30.2013

New housing sales this year in Romania were mainly driven by the government-backed “First Home” mortgage lending program and developers are counting on the program to continue in 2014. more

11.13.2013

What are the new profits that can be made in the residential sector? Business Construct magazine sought an answer to this question by talking to the developer, the constructor and the project manager more

11.06.2013

The Romanian Pool of Insurance against Natural Disasters (PAID) issued 107,000 mandatory home insurance policies in October and increased its portfolio to over 530,000 contracts, up 25% on the month. more