04.19.2017

Banks granted 3.7 billion lei (EUR822 million) new leu and euro retail loans in the first two months of this year, about 7% less than in the year-ago period, Romania’s central bank data show. more

04.13.2017

Retailers sold EUR2.2 billion to EUR2.4 billion worth of private label products last year. Private labels now account for almost one quarter of the total sales of modern retail, going from 10% to 80% more

04.07.2017

Arsis Trading, the largest GSM retailer held by a Romanian entrepreneur, posted growth of 5% in sales to more than EUR32 million in 2016. more

04.05.2017

Retail space market will increase by 180,000 square meters in Romania in 2017, while most of the projects will be strip mall-type projects that will be delivered in secondary and tertiary cities, such more

04.04.2017

Romania posted the fourth highest annual growth in retail trade in the European Union in February 2017, of 7.5%, overtaken by Slovenia (16.8%) and Luxembourg (12.9%), Eurostat data showed Tuesday. more

04.04.2017

Romanian adjusted retail sales, excluding vehicle sales, grew 1.8% in February compared with January, while growth in unadjusted terms stood at 2.9%, the country's statistics board said Tuesday. more

03.27.2017

Retailers Intersport, Noriel and Flanco will open stores in Prima Shops retail park in Oradea, developed by Oasis Retail & Development Consulting, that will be opened on April 6. more

03.22.2017

Online retailer Elefant.ro could sell its operations once having reached EUR100 million revenue, a market it estimates to overshoot in 2019. more

03.15.2017

Footwear manufacturer and retailer Denis, held by a local entrepreneur family, wants to develop the business of the footwear plant in Suceava and make 1,600 pairs of shoes a day compared with 1,200 to more

03.06.2017

Romania could see an economic growth of 5% in 2017, which is expected to fall to 4.7% in 2018 and 4.4% in 2019, on the backdrop of a deceleration in private consumption on the medium term, according more

03.03.2017

Romanian construction materials distributor Arabesque will be entering, next week, the do-it-yourself retail segment, by opening the first store under the brand MatHaus, in the city of Iasi. more

02.27.2017

Local grocery retail has lost - deliberately or not, a number of brands over the past decade. Either bankrupt, sold, or simply dropped for strategic reasons, a number of supermarket and hypermarket more

02.17.2017

Modern retail, a EUR10 billion to EUR11 billion market a year in Romania, will go through a number of new deals over the next two or three years, which means it will either see a new player arriving more

02.13.2017

Modern retailers opened only 17 stores in January, all of them small format stores such as supermarkets, convenience and discount stores. Half of the ten modern retail chains opened at least one, more

02.10.2017

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02.09.2017

Romania’s Competition Council has approved the transaction whereby MEP Retail Investments SRL takes over retail chain Profi Rom Food SRL. more

02.08.2017

January 2017 performed below expectations for the retail and real estate companies, which blame it on the cold and snow that cut Romanian consumers’ appetite for spending. more

02.03.2017

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02.02.2017

The modern retail stock in Bucharest reached 1.225 million sqm at the end of 2016, after the openings of Parklake Plaza and Veranda Shopping Center, thus, the occupancy rate stood at 96%, according to more

01.30.2017

German-held discount store chain Lidl is in talks to buy two XXL Mega Discount stores from fellow German group Rewe in Romania in a EUR5 million to EUR10 million deal, market sources say. The deal, more

01.12.2017

Belgian-held retailer Mega Image is the latest billion euro company in local retail if its sales grew as much in the second half as in the first half of 2016. more

01.10.2017

Romanians spent about EUR3 billion to EUR3.6 billion in stores in December, and most of the money went towards food, while the rest to clothing, cosmetics, computer and electronics products, toys and more

01.06.2017

Romanian adjusted retail sales, excluding vehicle sales, grew 1.4% in November compared with October, while growth in unadjusted terms stood at 4.4%, the country's statistics board said Friday. more

12.22.2016

Retail chain PROFI on Thursday inaugurated three units in Bacau, Racaciuni and Sarmasu, closing 2016 with a total 501 stores, the retailer said in a statement. more

12.12.2016

Do-it-yourself retailer Dedeman Bacau, the largest entrepreneurial company in Romania, has overshot the one billion euro sales mark on the Romanian market. more