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

06.03.2013

Romanian adjusted retail sales rose 2% in April from a month earlier, fueled by higher sales in most sectors, the statistics institute INS said Monday. more

05.31.2013

The largest five foreign fashion retailers in Romania ended 2012 with EUR340 million sales, up 46.5% on the year. more

05.23.2013

Real, - Group Holding, the owner of Real hypermarkets, has approved the transfer of shares of Real stores in Romania to Auchan Romania at the end of April, according to a decision published in more

05.22.2013

The Romanian northeastern city of Iasi ranks 12th among 208 cities regarding the number of new retailers entering the market in 2012, according to a survey conducted by real estate consulting firm more

05.21.2013

Rewe Romania, the company that operates Penny Market and XXL Mega Discount stores, ended 2012 with losses of 6.6 million lei (EUR1.5 million), the first year in a decade when the company's net result more

05.20.2013

Romania’s durable consumer goods market rose 4% on the year to EUR349 million in the first quarter of 2013, according to a GfK Romania survey released Monday. more

05.08.2013

Romanian adjusted retail sales edged up 0.8% in the first quarter of 2013 compared with the year-earlier period, fueled by higher sales in most sectors, the statistics institute INS said Wednesday. more

05.07.2013

Romanian modern retail is dominated by foreign networks, which boast annual sales of EUR8.5-EUR9 billion. No local entrepreneur manages to compete against Kaufland, Lidl and Carrefour, and none have more

05.03.2013

Eight modern retailers hired more than 5,500 people last year, according to ZF data and the top employers were hypermarket chains Auchan and Kaufland, followed by supermarket network Profi. Each of more

04.29.2013

Rents of prime retail space in downtown Bucharest may reach even EUR58/square meter/ month, whereas in other big cities in Romania prime rents reach around EUR20 at the most, according to a study by more

04.24.2013

The 12 competitors in modern retail have put more than 1,000 stores on Romania’s map, and some of them have lately tried to expand to rural areas, even though still close to big cities. more

04.12.2013

Kaufland, the largest retailer in Romania, plans to open stores in the local malls after having preferred standalone stores or stores in retail parks, sources close to the company say. more

04.09.2013

Romanian electronics and appliances retailer Flanco had a turnover of EUR137 million in 2012, up nearly 25% on the year, and reached a 13% market share, the company said in a statement Tuesday. more