08.19.2015

Romania’s modern retail stock exceeded three million square meters threshold in the first half of 2015, upon the inauguration of two new shopping centers with a total leased area of 117,000 square more

08.17.2015

International giants like Inditex (Zara), H&M and C&A, dominate the European fashion retail market, as well as the Romanian market, where their sales reach almost 1.7 billion lei (EUR384 million). more

08.10.2015

Fish and fish products company Ocean Fish, controlled by Republic of Moldova businessman Ilie Busuioc, is considering expanding into retail by developing its own store chain. more

08.04.2015

Domestic consumption remained one of the major drivers of Romania’s economy in the first half of 2015, with retail sales growing almost 5% compared with the similar period of last year, official more

07.21.2015

The Romanian real estate and retail sectors are seen on positive trend, according to Affan Yildirim, the new general manager of Turkey’s Anchor Grup, the developer thus starting several investments more

07.16.2015

Online orders of apparel, footwear and other lifestyle products reached about EUR100 million in Romania last year. Overall electronic commerce market stood at about EUR1.1 billion and is expected to more

07.14.2015

Sporting goods retailer Hervis saw its revenue rise by more than 20% in the first half, as a result of the stable economy and of the increase in disposable income and in the number of people who more

07.13.2015

Swedish retailer H&M has expanded its network to 41 stores in Romania in four years from entering the market and continues expansion because there is potential to double it, says Ralf Wein, the German more

07.07.2015

Citi, the US giant that manages almost two trillion dollars in assets worldwide, has redefined its strategy in the last five years, streamlined and restructured the business and decided to sell the more

07.06.2015

Romania's modern retail sector, which currently numbers about 1,500 stores, will go through a series of structural changes in the next five years, the analysts and the companies in the industry more

07.03.2015

Domestic consumption in Romania couldn’t find its footing in May, after it returned to growth in the previous month, official data showed Friday. more

07.03.2015

In a time when price is one of the main factors in a buying decision, private labels are working their way into the EUR400 million to EUR500 million sporting goods market, as well. Names like more

06.23.2015

The financial crisis and the aggressive expansion of foreign brands, such as Zara, H&M and Deichmann, swept the local apparel and footwear market and the first to go down were the Romanian retailers, more

06.18.2015

Corporate lending recorded the highest non-performing loan ratio during the crisis, which peaked at 24% in the first half of 2014. Swiss franc and euro-denominated loans saw the highest NPL ratio of more

06.18.2015

The decline in sales per store, the opening of smaller stores, the technological progress and the increase in the number of temporary employees caused the headcount in modern retail stores to halve in more

06.12.2015

SOCAR Romania, part of Azeri oil group SOCAR, posted revenues of 746.3 million lei (EUR170.3 million) in 2014, up 28% from a year before, mainly due to the expansion of its gas stations network, more

06.09.2015

Zara, one of the seven brands Spanish giant Inditex operates on the Romanian market, posted sales of almost 412 million lei (EUR92.8 million) on the local market last year, up 9% from 2013, according more

06.09.2015

Bacau-based do-it-yourself retail chain Dedeman, the largest Romanian-held company, overshot the 400 million (EUR90 million) mark in earnings for the first time, according to Trade Registry data, more

06.04.2015

Domestic consumption in Romania returned to growth in April, after surprising falls in the previous months, official data showed Thursday. more

05.27.2015

The sales of the 19 cash&carry stores in the Selgros chain dropped to less than 3 billion lei (EUR672 million) last year for the first time during the crisis. more

05.14.2015

Three new retailers have entered the furniture retail in the last two months, an over EUR700 million market denominated by local entrepreneurs. Since few retailers ventured into the market during the more

05.14.2015

Only one out of nine small and medium-sized enterprises in Romania has manufacturing as its core business, according to ZF’s calculations based on the European Commission 2014 estimates. more

05.11.2015

Sweden’s Hennes & Mauritz (H&M) sales in Romania went past half a billion lei in 2014, after four years of fast-paced development, reaching 529.5 million lei (EUR119 million). more

05.05.2015

The recovery of domestic consumption in Romania hit the speed bumps this spring, as retail sales extended their decline in March, official data showed Tuesday. more

04.30.2015

Capital city Bucharest has managed to attract nearly 10% of total food stores, pharmacies and HoReCa (Hotels, Restaurants, Catering) units in Romania. more