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

04.04.2014

Online construction material retailer Depozit-Online.ro had a turnover of more than EUR5 million in 2013, from EUR1.9 million in 2012, and is seeking financing from banks or partners in view of more

04.04.2014

Gilles Roudy came to Romania for the first time in 2006, returning several times since then. Last December, he moved here to take over the reins of Metro Cash&Carry store network. more

04.03.2014

Romanian retail sales rose 8.7% in February from the year-earlier month, the third largest increase in the European Union, official data showed Thursday. more

04.03.2014

Retail sales rose 9% on the year in February, reaching a two-year high, but tax collections to the state budget did not increase as a result. more

04.02.2014

Bucharest, Kiev and Sofia are the only capital cities in Central and Eastern Europe (CEE) where real estate developers are building shopping centers totaling over 100,000 square meters, according to a more

04.02.2014

Romanian adjusted retail sales rose 1.3% in February from the earlier month, on higher sales in most sectors, the statistics institute INS said Wednesday. more

04.02.2014

Businessman Sorin Bonciu, who a year ago took over the ten Interex stores after the French shareholders left the Romanian market, started finding tenants or buyers for them. more

04.01.2014

Real estate consulting firm CBRE Romania has appointed Oana Vijiala as leasing manager within the retail department. more

03.27.2014

Nine international groups, holding 12 modern retail networks overall, are still present on the Romanian market, after the departure, in recent years, of Turkey’s FIBA (with G’market stores), more

03.26.2014

Leu-denominated loans to individuals and companies rose in February by the equivalent of 250 million lei (EUR55 million), half the growth clip registered in January, but, despite the slower pace, the more

03.20.2014

Consumption inched up by 0.4% in 2013, propped by December figures, as Romanians reopened pockets to buy home appliances, furniture and clothes. In January, though, retail sales advanced by almost 6%, more

03.18.2014

German-held retailer Lidl acquired the former sweets plant of Brasov owned by Mondelez Romania, the producer of Poiana chocolate, but plans to sell part of the land plot for the construction of a more