05.30.2014

French group Carrefour, already present in Romania with around 150 stores operating under four concepts, has introduced the Contact brand on the Romanian market this year, which it plans to launch in more

05.27.2014

Italy’s underwear retailer Calzedonia, present in Romania with a 6-store network under this brand, owns an underwear manufacturing plant in Arad (western Romania). The plant, Aries Textiles, boasts more

05.22.2014

Polish fashion retailer LPP Fashion, which operates the Cropp Town, House and Reserved brands in Romania, posted 27.3 million zlotys (EUR6.5 million) revenue in this country last year, up 8% in zlotys more

05.21.2014

Cash&carry store chain Selgros saw its revenue drop below the EUR700 million threshold and profit shrink to less than one third of the 2008 level, to EUR12.2 million, in 2013. Alexandru Vlad, the more

05.19.2014

In the past five years, the real estate portfolio of investment fund NEPI has swollen from less than EUR100 million to over one billion euros. South-African-born Martin Slabbert, the fund’s chief more

05.16.2014

Germany’s Lild has put up for sale 15 land plots covering more than 8.5 hectares which are adjacent to the stores the company has already opened in several cities of Romania such as Buhusi, Orastie more

05.16.2014

United Arab Emirates group Peeraj entered Romania’s fashion market eight years ago and now holds over 40 stores under nine brands in a franchise system, including Geox or Swarovski, and reached more

05.13.2014

Location, location, location - why Romania? more

05.12.2014

Belgian-held retailer Mega Image ended last year with about EUR530 million revenue in Romania, an increase of almost 35% on 2012. more

05.12.2014

KazMunayGas International, the former Rompetrol group, set out to hire more than 500 people by yearend, taking the total number of employees in Romania to over 6,000. more

05.08.2014

German-held Kaufland, leader on the Romanian modern retail market, no longer sells the products of Coca-Cola giant in its Romanian stores, except 2.5-liter Coca-Cola products. more

05.06.2014

Germany’s Lidl, which owns in Romania a network of over 170 stores with annual sales of around EUR700 million, plans to expand to Bragadiru, near capital city Bucharest, on a land plot of the more

05.06.2014

German group RWE, one of Europe’s largest utility, is set to enter the energy supply segment in Romania, with the target of becoming a major player on the medium term in spite of competition from more

05.05.2014

Financial group UniCredit Tiriac Bank, which includes the fourth bank in Romania by assets and consumer finance company UniCredit Consumer Financing, aims to increase the volume of loans granted to more

05.05.2014

Romanian adjusted retail sales rose 2.3% in March from the earlier month, on higher sales in all sectors, the statistics institute INS said Monday. more

05.02.2014

Retail lending is starting to show more visible signs of rebound, which means consumers are feeling more confident to apply for mortgage or consumer loans. more

04.30.2014

Retail investors subscribing to the initial public offering in which the government intends to sell 51% in the Electrica group in early June will have a guaranteed minimum allotment of shares. This is more

04.29.2014

German retailer Kaufland, which in 2011 became the leader of Romanian modern retail, almost doubled its revenue during the crisis, when it opened 44 stores and hired over 5,000 people. more

04.28.2014

On the shortage of foreign currency resources, restrictions imposed by the BNR and the cheaper lei loans, sales of new retail loans have almost entirely switched to the lei component. more

04.22.2014

Belgium-held Mega Image wants to open around 100 stores this year alone, Rewe Romania wants to double its network by 2020, and Carrefour is set to bring a new format on the Romanian market, a hybrid more

04.22.2014

Romania’s 100 largest road transporters, which control over 90% of the market, have a total fleet of over 20,000 trucks. Of these, 1,000 trucks, namely 5% of the fleet, are daily on Romania's roads more

04.17.2014

The 12 modern retail networks operating in Romania use owned or long-term rented logistic warehouses with a total area of above 50 hectares, the equivalent of 50 large hypermarkets. Kaufland, leader more

04.16.2014

BCR’s retail loan portfolio in the first quarter of 2014 posted growth for the first time in three years as a rebound in consumer confidence has been felt starting the first half of the year, said more

04.11.2014

Amid the aggressive expansion of international chains, Romanian small merchants are pushed either to join them in a franchise system, or get specialized after the model of developed countries. more

04.09.2014

Inditex, the owner of Zara brand and the world’s largest fashion retailer, has contracts with around 100 plants in Romania, with Romanian producers accounting for 25% in the group’s total number more