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

12.12.2016

This year brought more changes than the last few years taken together. A half a billion euro deal, a change of CEO and the disappearance of a store chain are but some of 2016 events on the EUR10 more

12.01.2016

Bucharest-based Ideal Tech, which operates the computer and electronics online store ideall.ro, saw one of the highest growth rates on the local market last year, 38%, and posted 37.5 million lei more

11.23.2016

The sale of retail chain Profi, announced on Wednesday by Enterprise Investors, is the fifth largest in a ranking of private transactions concluded in Romania from 2000 until present. more

11.23.2016

Polish Enterprise Fund VI, a private equity fund administered by Enterprise Investors, announced on Wednesday, in Bucharest, that it signed an agreement for the sale of 100% of the shares of Profi Rom more

11.07.2016

Romanian adjusted retail sales, excluding vehicle sales, grew a slight 0.1% in September compared with August but declined 3.3% in unadjusted data, the country's statistics institute said Monday. more

10.28.2016

Dante International, the operator of the largest local online retailer eMag, will end the year with almost 2.5 billion lei (EUR555 million) sales, an increase of more than 45% in 2015, as a result of more

10.18.2016

Oscar Downstream, the largest independent fuel vendor in Romania, which has built its business on sales of diesel to major commercial customers, believes it could end the year with up to 10% growth in more

10.12.2016

Oasis Retail & Development Consulting, which has been operating on the Romanian real estate market for 14 years, will start the construction works for Prima Shops retail park in Oradea, northwestern more

10.05.2016

Romania’s modern retail stock totaled 3.38 million sqm at the end of June, of which shopping malls-57%, followed by retail parks-35% and commercial galleries-8%, according to a study by DTZ Echinox. more

10.03.2016

Those interested in buying supermarket chain Profi had until the end of last week to submit non-binding bids. more

09.25.2016

Romania’s pharmaceutical retail market has seen major changes over the last year, in the context in which the administrative reduction of drug prices applied last year slashed drugstores’ revenue more

09.22.2016

Cosmetics manufacturer Farmec Cluj Napoca will reach eight stores in Romania (three Gerovital and five Farmec stores) this year, as part of the strategy to develop its own retail network, following more