09.13.2016

Romania has become the second most important market in Central and Eastern Europe for German-held retailer Kaufland, after beating Czech Republic by sales for the first time last year. Romania, more

09.06.2016

Modern retail numbers almost 1,800 stores in Romania, half of which located in the country’s ten largest cities, including Bucharest. The more

09.05.2016

Romanian adjusted retail sales, excluding vehicle sales, remained unchanged in July compared with June but increased 4.1% in unadjusted data, the country's statistics institute said Monday. more

08.29.2016

Corsar Online, the company that operates cel.ro, the second largest online computer and electronics retailer in Romania, posted 45% increase in sales in January-July, driven by the higher demand for more

08.24.2016

Fashion Days, one of the largest online fashion retailers in Romania, plans to add about 50 people to its team by yearend, for a total of more than 450. more

08.19.2016

The about 1,700 modern retail stores – hypermarkets, supermarkets and discount stores, in Romania had almost 72,000 employees at the end of last year, according to publicly available data. more

08.15.2016

On a market dominated by Inditex (Zara), H&M and C&A, whose sales stand at 2 billion lei (EUR449 million) generated by 200 stores, there are also second tier brands, both local and international, more

07.14.2016

Private labels account for about 13% of the products sold in Kaufland stores. If they also contribute 10% to 13% of sales, they generate EUR200 million to EUR250 million of the retailer’s revenue, more

07.05.2016

Oscar Downstream, a company selling diesel oil to commercial customers, announces new development strategy and plans to expand into fuel retail, a market of 2,000 gas stations and annual sales of more

07.05.2016

Romanian adjusted retail sales, excluding vehicle sales, declined 1.6% in May compared with April, and were 4.7% lower on the month in unadjusted terms, the country's statistics institute said more

06.29.2016

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06.03.2016

Romanian adjusted retail sales, excluding vehicle sales, grew 2.8% in April compared with March and were 6.7% higher in unadjusted terms, the country's statistics institute said Friday. more

05.31.2016

Tiriac Leasing, part of Tiriac group, on Tuesday said announced it had granted financing worth a total EUR21 million in the first quarter of 2016, up over 60% against the year-earlier period, and 80% more

05.30.2016

Spanish-held Inditex, Swedish-held H&M and Dutch-held C&A dominate Romania’s fashion retail, where their sales reached about 2.3 billion last year (EUR510 million). The three account for 15% of more

05.24.2016

FF Group Romania, the local division of international group FF Group Greece, has completed the newest retail and business concept in downtown Bucharest, on Campineanu Street, in the vicinity of more

05.18.2016

Expansion, food VAT cut and the rebound of consumer spending were the growth drivers of retailers’ sales last year, which went up by as much as 40%, a record level like in the boom years. more

05.13.2016

German-held Kaufland saw a 33% rise in sales to EUR2.4 billion in 2015, which makes it the first retailer in Romania’s economy to overshoot the EUR2 billion mark, following steady growth year by more

05.11.2016

Bucharest alone accounts for almost one third of the total modern retail stores in Romania, while 15 counties account for 1% or less. Counties like Calarasi, Tulcea and Salaj have ten modern retail more

05.04.2016

Romanian adjusted retail sales, excluding vehicle sales, grew 0.5% in March compared with February and were 11.9% higher in unadjusted data, the country's statistics institute said Wednesday. more

04.27.2016

The latest forecasts for 2016 show there is an upward trend for the consolidation of retail businesses in the European Union, mainly in Romania where the growth is estimated at 7%, according to a more

04.27.2016

Austrian-held Immofinanz will introduce the VIVO! brand in its four malls in Romania this year, is looking for suitable space for a new retail concept and is focusing on Bucharest on the office space more

04.05.2016

Romanian adjusted retail sales, excluding vehicle sales, grew 1.9% on the month in February and were 4.2% higher in unadjusted data, the country's statistics institute said Tuesday. more

04.01.2016

Polish discount retailer Pepco, which sells low-price apparel, footwear and accessories and entered Romania less than eighteen months ago, has already grown to about 50 stores in the large and more

03.18.2016

Danish furniture and accessories retailer JYSK, which arrived in Romania with a store in Oradea in 2007, has grown to 30 stores in the country, after having opened ten last year. more

03.15.2016

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