09.10.2013

Dusan Wilms, one of the most important executives in local retail, who runs the Romanian operations of Metro Cash&Carry, says the aggressive expansion of hypermarket and supermarket chains is more

09.02.2013

Romanian adjusted retail sales rose 2.1% on the month in July, due to higher sales in all sectors, the country’s statistics institute INS said Monday. more

08.30.2013

The twenty largest restaurant chains in Romania posted aggregate revenues of 1 billion lei (EUR225 million) last year and international brands McDonald’s, KFC and PizzaHut contributed 70% of it. more

08.29.2013

Sales per square meter, the most significant indicator for the local retail that actually reflect the consumer spending trend, reached an average of EUR4,200 last year, from the EUR6,500 to EUR7,000 more

08.27.2013

Although international giants like Inditex (Zara), H&M and C&A dominate the Romanian fashion retail, some second tier foreign brands have developed on this market, too. more

08.26.2013

Shopping complex Doldora Bazaar in southwestern Bucharest, developed by former footballer Gica Popescu and two business partners, went insolvent and has recently closed after reality proved initial more

08.14.2013

Retailers hosted by AFI Palace Cotroceni Bucharest registered sales of EUR95.5 million in the first half of the year, up 4.1%, while revenues from rents increased 7.6%, to EUR14.1 million. more

08.13.2013

Online retail sales in Romania rose 141% on the year in the first seven months of 2013, e-commerce solutions provider PayU Romania said in a statement Tuesday. more

08.09.2013

OMV Petrom, the largest company on the Romanian market by turnover, has annual sales of around EUR200 million from non-oil products sold through the country-wide network of 546 gas stations. On the more

08.07.2013

South-African investment fund NEPI (NEP.RO) is awaiting the approval of the Competition Council to acquire the Deva Shopping Center project (western Romania), which includes stores of Metro Cash & more

08.06.2013

South-African investment fund NEPI is in the final stage of the acquisition of a retail park in Deva (western Romania) from a local entrepreneur. The park includes a Real hypermarket (which is set to more

08.02.2013

Romanian adjusted retail sales edged down 0.4% on the year in the first six months of 2013, on lower fuel demand, the statistics institute INS said Friday. more

07.30.2013

The stock of modern retail space in Romania will increase to 2.85 million square meters by the end of 2013, while shopping center vacancy rates range from 5% to over 10%, depending on project, more

07.16.2013

The top performers among malls by revenue per square meter are Baneasa Shopping City, AFI Palace Cotroceni, Iulius Cluj, Bucuresti Mall, City Park Constanta and the Orhideea complex, whose revenue more

07.15.2013

German supermarket chain Billa, part of the Rewe retail group, will open Tuesday its third supermarket in Brasov, central Romania, reaching a national network of 73 stores, the retailer said in a more

07.10.2013

Srdjan Kovacevic, the Serb entrepreneur who opened the way for the luxury market in Romania and who brought brands such as Max Mara, Ermenegildo Zegna and Emporio Armani to Bucharest’s main shopping more

07.03.2013

Romanian businessman Nicolae Sarcina, based in Gorj county (southern Romania), who owns the Succes retail chain is taking on the Bucharest market in full gear, where he plans to open more than 30 more

07.02.2013

Romanian adjusted retail sales fell 3% on the month in May, after growth a month earlier, due to lower sales in most sectors, the statistics institute INS said Tuesday. more

06.26.2013

E-commerce accounted for only 2% of the overall Romanian retail market in 2012 compared with 6% in the Czech Republic and 4% in Poland. However, this shows a significant potential for growth, more

06.21.2013

BCR, the largest bank on the Romanian market, is preparing to “bite” into the euro market with a new mortgage loan in lei, says Martin Skopek, executive vice-president in charge of retail of BCR. more

06.19.2013

Oil, car manufacturing and food retail are the industries that supply the biggest number of top-ranking companies in the Romanian economy. The top ten players had sales of EUR20 billion last year, up more

06.18.2013

Kaufland, the leading retailer by sales in Romania, will speed up its expansion process in Bucharest in the next few years where it only has four of its 85 stores in the country. more

06.17.2013

Sales of private label products have been on upward trend in Romania over the past years, accounting for around 12% of Romania’s overall retail market, in volume, up three percentage points from 9% more

06.12.2013

The 100 largest importers account for almost 40% of the total imports or more than EUR21 billion euros, according to the National Statistics Institute. more

06.10.2013

Foreign investors have paid more than EUR400 million in the last six or seven years for plots to develop ten new shopping centers in Bucharest, but the market cannot take that many investments now. more