02.23.2015

Agricultural insurance is one of the main segments presenting growth potential in the coming years, but Gothaer will further bank on the niche of products aimed at SMEs and will try to expand in the more

02.17.2015

Schogetten chocolate brand produced in Germany in 2013 registered sales worth some EUR22 million (around $30 million) in Romanian retail, according with ZF calculations based on Canadean data. more

02.16.2015

The durable goods market in Romania grew 13.7% last year, to over EUR2 billion, driven by sales offers, especially Black Friday and winter holiday deals, according to market research company GfK. more

02.12.2015

Almost 1 million hectoliters of wine are sold annually in modern retail networks, accounting for 40-50% in total volumes sold in Romania, according to a ZF estimate based on data from winemakers. more

02.10.2015

Belgian Developer Liebrecht & wooD will invest around EUR110 million in a retail park in Cernica, near Bucharest, which will include a Fashion House outlet center, a hypermarket, a shopping gallery more

02.09.2015

Romanian spent 1.1-1.2 billion euros shopping online in 2014, doubled compared to 2013, when online shopping stood at around EUR600 million. more

02.03.2015

Domestic consumption in Romania confirmed its recovery last year, supporting the economic growth while investments were on a downward path, and sales in the retail sector were higher compared with more

02.03.2015

Kaufland, the largest retailer in Romania by sales, makes about EUR16 million from selling toys in its over 100 hypermarkets ever year (1% of its annual sales). Its sales are higher than those of the more

02.02.2015

Private labels, the creation of modern retailers, have reached a 30% share of Romanian commerce, so annual sales can be estimated at EUR2 billion to EUR2.5 billion. more

01.29.2015

Players in Romania’s modern retail announced ambitious expansion plans for this year, with over 250 new stores scheduled for opening, mainly on small format. Investments could reach EUR200 million. more

01.28.2015

Retail pharmacy chain Sensiblu, the second-largest in Romania, has launched a new brand, Farmacia Punkt, which it will take to the crowded districts of Bucharest. more

01.23.2015

Car purchases by individuals rose by 20% last year, in line with the market, with a trend of buyers paying cash in the detriment of classical products, such as bank loans. In the case of legal more

01.23.2015

The weight of leu-denominated loans has risen by 8% in the past two years, a period that saw a significant decline of leu interest rates and the withdrawal of foreign currency financing lines extended more

01.22.2015

DIY retailer Dedeman, owned by brothers Adrian and Dragos Paval, has earmarked investments of more than EUR60 million for 2015 in network expansion, with the retailer set to open at least four new more

01.19.2015

Corsar Online, which manages cel.ro, one of the largest online computer and electronic stores in Romania, posted 145 million lei (EUR32.1 million) sales in 2014, an increase of 33% against 2013. more

01.14.2015

In December, traditionally the best month for retail and consumption, supermarket and hypermarket chains in Romania registered flat or slightly higher sales against the same month of 2013, according more

01.14.2015

The number of individuals who were more than 30 days late in paying back loans contracted from banks and non-banking financial institutions climbed to 713,000 in late November 2014, meaning a leap of more

01.13.2015

eMag, the leading online retailer in Romania, owned by South Africa’s Naspers and Romanian entrepreneur Iulian Stanciu, expects to reach one billion euro revenue in 2017, following international more

01.12.2015

Mega Image and Profi retail chains are in talks to buy some of the stores of Succes, the retail chain of Gorj (southern Romania) businessman Nicolae Sarcina, market sources say. more

01.08.2015

Commercial space demand will continue to grow in 2015 in shopping centers, retail parks and shopping malls, as fashion retailers such as LPP, Debenhams, Marks & Spencer, Pepco and CCC announced more

01.08.2015

Romania registered the third highest annual growth in retail trade in the European Union in November 2014, of 8.2%, overtaken by Luxembourg and Estonia, Eurostat data showed Thursday. more

01.08.2015

Romania’s retail sector posted a good result in November as well, after a slight increase in the previous month, supported by higher sales in all sectors, official data showed Thursday. more

01.08.2015

eMag, the leading local online retailer, held by South Africa’s Naspers and Romanian entrepreneur Iulian Stanciu, will expand to Poland, the largest electronic commerce market in the region by more

01.08.2015

Germany’s Metro Cash&Carry, which opened the gates of modern retail in Romania in 1996, opened its first own store under LaDoiPasi brand, thus entering the segment of retail. more

01.06.2015

Modern retail players last year added almost 250 stores, maintaining the pace of 2013 and driving the total number of units to almost 1,500. The champions of expansion were Mega Image and Profi, more