12.31.2013

The Romanian fashion market has attracted new names in each of the past few years - H&M came in 2011 and TimeOut, while 2013 saw names such as Mim, Roberto Bravo, and Dolce & Gabbana enter the more

11.12.2013

Bucharest’s five-star hotels want to accommodate over 1,500 guests in their restaurants and event halls for the New Year’s Eve party. Prices start from 200 lei (EUR45) per person and can reach up more

11.11.2013

British pharmaceutical giant Alliance Boots has acquired full control over Romanian pharmaceutical wholesaler Farmexpert, one of the largest companies on the local profile market, after purchasing more

10.24.2013

Decathlon, the largest sporting goods retailer in Europe, will open stores in retail centers Shopping City Sibiu and Shopping City Suceava, both held by British investment fund Argo Real Estate more

09.30.2013

Help Net, one of the largest retail pharmacy chains in Romania, plans to expand its network of 152 drugstores by opening 28 more units by the end of 2014. more

09.06.2013

The start of sales of Dacia’s new Duster SUV on the local market is the most anticipated event by Dacia dealers in the second half of this year. more

09.03.2013

Romanian housing construction rose 4.94% to 16,859 units in the first half from the year-earlier period, on rising activity in both urban and rural areas, the country’s statistics institute INS said more

08.20.2013

New car registrations in Romania dropped 5% to 5,700 units on the year in July, according to data provided by the Interior Ministry’s Driving License and Vehicle Registration Department (DRPCIV). more

07.31.2013

The average prices of new apartments in capital city Bucharest have decreased by nearly 45% over the past five years and prices of apartments within residential compounds Ibiza Sol and FeliCity saw a more

05.31.2013

The largest five foreign fashion retailers in Romania ended 2012 with EUR340 million sales, up 46.5% on the year. more

05.17.2013

Romanian automaker Dacia’s new car registrations in the European Union grew by 28.2% in April and by 18.3% in January through April this year, while the EU car market has seen growth for the first more

01.16.2013

Romanian automaker Dacia’s new car registrations in the European Union fell by 4.9% to 234,349 units in 2012, compared to 246,442 units in 2011, while the EU auto market saw a sharper decline of more

11.14.2012

Romania’s Automobile Dacia, part of France’s Renault, will be making three new models, including a station wagon and a pick-up truck, after launching new versions for the Logan, Sandero and more

10.17.2012

German fashion retailer New Yorker will open its 26th store in Romanian Thursday, in shopping center Iris Titan in Bucharest. more

10.02.2012

German fashion retailer New Yorker will open its 25th store in Romania on Thursday, in shopping center Palas Mall Iasi, developed by Iulius Group. more

07.12.2012

German discount retailer Rewe on Thursday said it has opened its 126th store under the Penny Market brand in Aiud, Alba, central-western Romania, bringing its local network to a total 132 units. more

06.06.2012

Romanian housing construction fell 10% to 6,862 units in the first quarter from the year-earlier period, on falling activity in both urban and rural areas, the country’s statistics institute INS more

05.28.2012

British fashion retailer New Look will open its seventh Romanian store at the end of May in shopping center Palas Iasi, which will be inaugurated by Iulius Group on May 31. more

03.19.2012

Romsys, one of the largest IT&C integrators on the local market, held by Austria’s New Frontier Group, is in talks to buy two IT companies in Romania, Horatiu Berdila, chief executive of Romsys, more

03.02.2012

Romanian housing construction fell 7.8% to 15,372 units in the fourth quarter of 2011 from the year-earlier period, due to declining activity in both urban and rural areas, the country’s statistics more

01.04.2012

Romanians who celebrated the New Year in local resorts spent about EUR15 million, down 17% compared with 2010, and the sum paid by those who welcomed in the new year abroad decreased by one third to more

12.16.2011

2011 was the year of the “big four” clothing retailers operating on the local market, Inditex, H&M, New Yorker and C&A. Although consumer spending continued to decline by over 5% this year, more

12.08.2011

Romania builds annually about two new homes per one thousand inhabitants, less than half the European average, and should finish 100,000 housing units each year to catch up, according to PRO BCA, the more

12.05.2011

South-African realty investment fund New Europe Property Investments (NEP.RO) on Monday announced it has drawn EUR40 million from shareholders and investors within a share capital increase, and the more

12.02.2011

Romanian housing construction fell 16.2% to 11,278 units in the third quarter from the year-earlier period, due to declining activity in both urban and rural areas, the country’s statistics more