03.13.2018

FashionUP, one of the leading online fashion retailers in Romania, posted growth of 40% in revenue to more than 30 million lei (EUR6.5 million) in 2017. more

03.09.2018

German-held hypermarket chain Kaufland, the leader of grocery retail in Romania, ended last year with 10.1 billion lei (over EUR2 billion) revenue, 4% higher than in 2016, ZF has found. more

03.08.2018

The most important deals on the real estate market in Romania were closed in 2006-2007, 2016 and 2017, setting records on the retail, office and industrial space and hotel segments. more

03.06.2018

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02.15.2018

Romanians bought 44.3 billion lei (some EUR9.6 billion) worth of gas and diesel from the 2,100 filling stations in the country in 2017. This is the highest spending ever, higher than the 2008 level more

02.12.2018

German-held discount store chain Lidl, which conquered local grocery retail in six years, will be raising the salaries of its more than 5,500 employees as of March 1. more

02.12.2018

Home and lifestyle retailer Vivre ended 2017 with EUR35 million revenue, an increase of 28% on the previous year in the eight countries in the region where it sells its products online. more

01.23.2018

Modern retail reached more than 2,200 stores in Romania at the end of last year, almost five times more than in 2008, the last year of economic boom. more

01.22.2018

The gross revenue of the Carrefour group in Romania went beyond EUR2 billion for the first time since its arrival in this country. more

01.10.2018

German-held Kaufland, the leader of the local retail market, steps up expansion after three years of slowing down to four or five new stores a year. The company has now budgeted ten new stores, a pace more

01.10.2018

Growth opportunities for local insurers this year will come from small and medium-sized companies, an insufficiently tapped segment, and the from the retail segment, says Mihai Tecau, CEO of Omniasig, more

01.09.2018

Austrian-held S Immo AG still wants to develop on the Romanian market, especially on the office space segment, as well as on the retail segment, says Friedrich Wachernig, member of its board of more

01.09.2018

Modern retailers will continue expansion in 2018 at the same pace as in 2017, when they opened more than 300 new stores. As retailers have announced and ZF has estimated, modern retail will add 300 to more

01.08.2018

French-held retailer Carrefour on Monday said it will close down its hypermarket within Vitantis Shopping Center in Bucharest, starting January 15, 2018, due to changes in market the market more

12.22.2017

Romania’s Competition Council on Friday said it started an inquiry into a possible abuse of dominant position by Dante International SA, the company behind eMAG– leader on the local online retail more

12.21.2017

The number of new stores opened by large retailers on the Romanian market fell by 18% versus the previous year, impacting the turnover growth rate, according to a Retailers’ METRICS survey conducted more

12.20.2017

Modern retail is an about EUR11 billion market with more than 2,000 stores, dominated by ten international groups. The sector continued to expand in 2017, at the same rate in as the last few years more

12.12.2017

Romania’s retail market is estimated at EUR40 billion, with four large players controlling 60% of the sector (Kaufland, Carrefour, Metro Cash&Carry and Auchan). After Turkey, Russia, France and more

12.12.2017

Sporting goods retailer Hervis, which has been operating in Romania for about a decade and has 23 stores, wants to open ten more next year, as many as in the last four years. In 2017 it opened five, more

11.29.2017

A 13-gas station chain operating in Dambovita, Prahova and Ilfov counties (southern Romania) as RBC Gas posted 132.3 million lei (EUR29.4 million) revenue last year. The company ranks sixth among more

11.10.2017

Danish furniture retailer JYSK, sporting goods stores Decathlon and grocery retailer Profi are the retail companies with the highest increase in sales in the past five years, ZF has found from the more

11.10.2017

Peeraj, the most important fashion franchise group in Romania, has a portfolio of more than ten brands set to reach about 100 stores by yearend. The brands include CCC, Pimkie and Boggi. Two new names more

11.08.2017

German-held home appliances manufacturer Miele budgeted 35 million lei (EUR7.6 million) sales from retail operations in Romania for next year, up 25% on 2017. The sales will therefore double in more

11.06.2017

Romanian adjusted retail sales, excluding vehicle sales, grew 0.5% in September compared with August, while in unadjusted terms it declined 4.9%, data from the country's statistics board showed more

11.01.2017

Pharmaceutical retail chain Tinos, a Bucharest-based family business established 23 years ago, posted almost 26 million lei (EUR6 million) revenue in 2016, up 11% on 2015. The chain has 15 pharmacies more