11.18.2024

Footwear retailer Benvenuti, majority held by local entrepreneur Dan Pavel, on Nov 15 opened a new store, in Dambovita Mall Targoviste, reaching a total of 55 units in Romania. more

10.01.2024

Fashion brand Zara, held by Spanish group Inditex of billionaire Amancio Ortega, has closed its store within the Bucuresti Mall shopping center. more

04.30.2024

Baneasa Developments, the company that manages the Baneasa Shopping City mall in the northern part of Bucharest, has reached a record profit margin of more than 60% after ending 2023 with a RON170.7 more

04.01.2024

US lingerie brand Victoria’s Secret is expanding its presence in Romania with a new store opening in capital city Bucharest, within the Mega Mall shopping center, reaching three units on the local more

03.25.2024

Prime Kapital, a real estate developer and investor in Central and Eastern Europe, will open Arges Mall on April 25, the largest and most modern shopping center in Pitesti. more

12.15.2023

German non-food discounter TEDi has opened a store in Piatra Neamt, within Galleria Mall, thus reaching a network of 32 units in Romania. more

10.20.2023

Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, has inaugurated the 47th store in Romania and the sixth in capital city Bucharest, within Bucuresti Mall. more

10.03.2023

Modern store networks now cover 33 localities of Romania, with a total of 4.24 million square meters, and will reach another five new cities in the next two years, with the top positions held by more

08.31.2023

Sphera Franchise Group (SFG.RO), which holds the franchise for the KFC, Pizza Hut and Taco Bell in Romania, has informed the local stock market in a report on Thursday (August 31) about the opening of more

03.28.2023

Baupartner Construct, part of Baupartner group controlled by Michael Dietrich, is the general entrepreneur in charge with building Promenada Mall of Craiova, the biggest mall in Romania in the past more

02.21.2023

Niche perfumery chain Obsentum is opening in 2023 a shop in Palas Iasi, a retail project developed by businessman Iulian Dascalu. more

03.11.2022

The Romanian Football Federation has opened its first physical store, which is located within the Mega Mall shopping center in capital Bucharest, in the vicinity of the National Arena. more

01.31.2022

Real estate developer Iulius, founded by businessman Iulian Dascălu, is investing EUR40 million in the expansion of the Iulius Mall in Suceava by 14,000 square meters. Investment in the project will more

10.27.2021

Colosseum Mall in Bucurestii Noi area of Bucharest will have a photovoltaic park to cut electricity costs and carbon dioxide emissions. more

09.15.2021

Stay Fit, one of the largest players on the local fitness market, is opening a fitness center within Colosseum Mall, located in Bucharest, following an investment of over EUR650,000. more

08.19.2021

NEPI Rockcastle, the largest investor and developer of shopping centers in Central and Eastern Europe, has resumed expansion in Romania in Bucharest and in Craiova. more

06.23.2021

French real estate group Catinvest will start construction works in July to expand the Electroputere Parc shopping center in Romania’s southern city of Craiova by an additional 5,500 square meters more

06.10.2021

Four of the eight projects developed by the Iulius Group of businessman Iulian Dascalu posed losses in 2020, while the other four saw their profits shrink year-on-year in 2020, the data the developer more

01.27.2021

Boutique Mall, an online retailer of footwear and casual and luxury apparel in Romania, is relocating its logistics operations to the CTPark Bucharest North logistics park, within a Class A warehouse more

01.25.2021

NEPI Rockcastle, the biggest mall owner in Romania, has started work on expanding the Promenada mall and on the office building to be integrated into the shopping center in the north of Bucharest. more

11.09.2020

Iulius Group’s retail properties generated 453 million lei revenue together in 2019, an increase of 14% on the previous year, ZF has calculated from the data the Iulius Group officials supplied. more

10.29.2020

December could be a make-or-break month for the shopping centers in Romania, badly hurt by the pandemic, considering this is a time when people buy presents and usually generates higher sales for more

10.27.2020

Builder Axa Trans Construct, which is now working on the Colosseum Mall in NW Bucharest, posted 73 million lei revenue in 2019, an increase of 71% on 2018, Finance Ministry data show. The profit more

08.31.2020

Promenada Mall in Bucharest, held by South Africa’s NEPI Rockcastle, posted 98 million lei rental income in 2019, 10% more than in the previous year, Finance Ministry data show more

08.20.2020

Sphera Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, said Thursday it has opened a new KFC restaurant in the Dambovita Mall shopping center in more