08.03.2014

Nissa, a Romanian family business in the fashion industry that began more than a decade ago, set out to have 90% of its sales generated by foreign markets in five years, compared with one third now. more

07.31.2014

Consumer goods producer Nestle generates around 40% of sales in Romania from traditional retail, a market of 70,000-80,000 units, as a solid part of its clients are shopping there. more

07.30.2014

Romania has one of the most competitive retail markets in Europe, and the top three companies operating on it by revenue, Kaufland, Carrefour and Auchan account for 25% together, while the European more

07.17.2014

Romanian entrepreneur Sorin Minea and Switzerland’s Angst family are in talks with several retail networks including Mega Image for the sale of Angst stores or the sealing of a partnership for a more

07.14.2014

Demand for large loans, largely corporate ones, advanced by just 12,000 applications in the first five months compared with the same period of last year, with banks requesting 439,000 reports from the more

07.14.2014

“Do your daily shopping at small merchants. Buy bread, milk and Coca-Cola”. This is the latest campaign of US giant Coca-Cola encouraging Romanians to continue going shopping in traditional more

07.11.2014

The Romanian retail market is expected to grow 4.3% this year after a 4.9% growth last year to EUR26 billion, one of the best performing retail markets in Europe, according to a study by market more

07.09.2014

Carlo Barban, the Italian appointed to run the Winmarkt retail centers in 13 cities in Romania this spring, says the group is not considering expansion in this country but consolidation and has EUR5 more

07.03.2014

Romanian retail sales rose 10.9% in May from the year-ago month, the second highest increase in the European Union, official data showed Thursday. more

07.03.2014

Private labels have conquered 10% of the overall fast moving consumer goods market and almost 20% of the food market, so one in five lei Romanian consumers spent on food in the first quarter went to more

07.02.2014

Romanian adjusted retail sales rose 1.9% in May from the earlier month, on higher sales in most sectors, the statistics institute INS said Wednesday. more

07.01.2014

Profi supermarket chain of Polish investment fund Enterprise Investors, opened 26 new stores in the first half, or one third of the total new stores opened by modern retailers in this period. The more

06.27.2014

The Credit Bureau, the institution that collects data on household loans, released five million reports at banks’ request for information on the situation of existent and potential clients in more

06.25.2014

French group Carrefour is expanding further on the hypermarket segment in Romania and is set to open two large stores in southern Bucharest and in Targu-Jiu in the next three months. more

06.24.2014

International retailers have started tapping rural areas, small domestic entrepreneurs’ “last bulwark” in recent years, and stores’ wider product range and lower prices are helping modern more

06.18.2014

The modern retail stock outside Romania’s capital city Bucharest is 1.9 million square meters, the bulk of which is the country’s North-East, South-East and North-West regions which are the most more

06.13.2014

Companies in modern retail successfully improved the efficiency of their operations during the crisis, cutting down the number of employees per 1,000 square meters by 25%. more

06.13.2014

The 24% sales tax and the mark-up added by retail chains are partly to blame for the shelf prices of products in Romanian stores, says Jarek Malinowski, the executive who runs the over EUR180 million more

06.12.2014

Romania’s Finance Ministry is considering selling government securities to the population, provided it can reach a satisfactory agreement with the Bucharest Stock Exchange and the Financial more

06.06.2014

Online retailer Elefant.ro wants to triple its revenue this year against 2013, to EUR20 million, amid the expansion of its product portfolio, set to turn the business initially started as an online more

06.05.2014

Romanian retail sales fell 3.2% in April from a month earlier, the sharpest decline in the European Union, official data showed Thursday. more

06.05.2014

Unicarm, owned by Romanian businessman Vasile Lucut, is set to open between 10 and 15 proximity stores and supermarkets this year and go beyond the threshold of 100 retail units almost ten years after more

06.03.2014

Romanian adjusted retail sales fell 3.2% in April from the earlier month, the first monthly decrease after a strong first quarter of the year for domestic consumption, data from the statistics more

06.02.2014

Real hypermarkets reported losses of almost 304 million lei (EUR68.7 million) last year, the steepest since the company entered the Romanian market in 2006, according to Trade Registry data. more

06.02.2014

Consumption gave real signs of a rebound in 2014, with visible effects both in stores and in Bucharest’s old town, as well as in real estate, says Jean Baptiste Dernoncourt, the head of more