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

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