04.30.2015

Major international fast-moving consumer goods companies have decided to diversify in Romania over the last few years and enter a segment they had not been present until then - retail. more

04.29.2015

The government can't freeze shelf prices following a VAT cut to 9% on food items but could introduce special measures, such as high taxes, unless retailers adjust their prices to the VAT cut, Prime more

04.28.2015

The general economic climate favors consumption but consumers will continue to prioritize their spending even though their expenses budgets are higher, according to a study by GfK. more

04.21.2015

Altex, the leading local computer and electronics retailer, ended last year with about EUR350 million in revenue, returning to the 2008 figure in euros. If calculated in lei, the sales reached an all more

04.21.2015

A group of 16 farmers of Arad invested EUR2 million in a dairy plant in the same county, which now produces over ten sorts of cheese for Romania’s biggest modern retailers. Cris Sib Lacto plant of more

04.20.2015

The financial crisis and the arrival of many foreign companies changed the balance of power in the local footwear retail sector, with German-held Deichmann taking the top spot after the 2013 more

04.08.2015

Romania posted the sharpest fall in retail trade in the European Union on the month in February, of 1.4%, followed by Portugal and Spain, Eurostat data showed Wednesday. more

04.08.2015

Romania’s e-commerce market will reach EUR2 billion this year, double the 2014 level, and will continue to grow in the next ten years as online sales now account for just 2.5% in the overall retail more

04.06.2015

Supermarket chain Profi held by Polish private equity firm Enterprise Investors will hire about 1,100 people this year, following expansion by as much as 100 stores in 2015 alone. Under the more

04.03.2015

Romania’s retail sector slowed down its recovery in February, after a strong output in the past few months, official data showed Friday. more

04.03.2015

Swiss giant Nestle, a major player on Romania’s coffee and sweets market, is tapping the last segment it was not present on in Romania, retail, with a store it is set to open this summer in Calea more

04.01.2015

French cosmetics producer L’Oreal enters the Romanian retail market with a store under Kiehl’s brand, a US premium cosmetics name. The store will be opened in shopping center AFI Palace Cotroceni, more

03.27.2015

British retailer Debenhams has returned to the Romanian market, under the same, franchise, system, after an almost two-year break, with a store in Vitan Mall. The new franchisee wants the average cash more

03.24.2015

The turnover of shopping malls in Bucharest stands at EUR2,320 per square meter a year, double compared to that of malls outside Bucharest, and the difference in rent prices is proportional, according more

03.19.2015

Bucharest alone contributes 35% to 45% of the revenue of the local retail industry, which makes it the most powerful market and hottest place to be for store chains. more

03.13.2015

The ten largest owners of retail spaces in Romania hold together about 1.8 million square meters of malls, retail parks and shopping galleries, which can be valued at about EUR3 billion, according to more

03.13.2015

Claudiu Dorcioman, the Romanian who was appointed last year as head of beverage sales at giant PepsiCo in Romania, says the way the structure of retail has changed in recent years, with major networks more

03.11.2015

Romania’s modern retail stock will exceed 3 million square meters this year, compared with 2.86 million sqm in 2013, with one third of the projects delivered in the capital city, Bucharest, while more

03.06.2015

Romania ranks 22nd among the 67 most attractive global retail markets for expansion this year, on the same position with Sweden, Taiwan, Canada and Russia and outranking Slovakia, Hungary or Turkey, more

03.06.2015

Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, has invested EUR2.3 million in building its own headquarters in Oradea. The investment comes after a time of constant growth of the more

03.04.2015

Romania posted the fourth highest annual growth in retail trade in the European Union in January, of 7.3%, overtaken by Luxembourg, Hungary and Poland, Eurostat data showed Wednesday. more

03.03.2015

Romania’s retail sector extended its good performance in the first month of 2015, after a strong recovery in 2014, official data showed Tuesday. more

03.03.2015

In 2014, the almost 2,000 filling stations of Romania generated sales of 40.9 billion lei (EUR9.3 billion), including station store sales, around 4% higher than in 2013. The slightly declining volumes more

03.02.2015

The most powerful entrepreneurial businesses in the medical service industry in Romania, MedLife and Sanador, were established by female physicians. The two currently generate EUR120 million revenue more

02.26.2015

Lidl discount store chain, which entered Romania officially in 2011 when it took over the Plus network, became the eighth largest importer in the country last year, climbing four positions on 2013, more