02.05.2013

Electronics, home appliances and computer retailer Domo was taken over by investment fund Domtech and has a new chief executive officer, Dragos Dinu. more

02.05.2013

The stock of modern retail space in Romania will increase 6% in the next two years, from 2.7 million square meters at the end of 2012, according to real estate consulting firm CBRE Romania. more

02.05.2013

Romanian retail sales fell 3.2% in December from the previous month, the largest decrease in the European Union, official data showed Tuesday. more

02.04.2013

Representatives of Era Shopping Park in Iasi (northeastern Romania) are negotiating with Swedish furniture retailer IKEA the opening of a store, and the deal is likely to be concluded this year, more

02.01.2013

Romanian adjusted retail sales rose 3.3% in 2012 compared with the previous year, on higher sales across the board, the statistics institute INS said Friday. more

01.08.2013

Romanian adjusted retail sales rose 2% in November from the earlier month, on higher sales across the board, the statistics institute INS said Tuesday. more

01.06.2013

Supermarket chains are planning to open more than 150 stores this year, continuing the expansion trend of the last few years. more

01.03.2013

Romania's economy will rise 2%. Hidroelectrica will get out of insolvency. Another 150 km of highway will be finalized. Bancpost could merge with Banca Romaneasca. These are just a few of the main more

01.03.2013

The year 2012 was rather busy for the Romanian retail sector, with bankruptcies, exits from the local market and changes in rankings. Also, towards the end of the year, French retailer Auchan took more

12.27.2012

Romania’s merger and acquisition market, estimated at over EUR1 billion this year, has seen transactions in almost all sectors, with the most significant in retail, real estate and the fertilizer more

12.27.2012

The five hypermarket operators present in Romania opened 14 stores in 2012 and closed two, and investments in the new units exceeded EUR150 million, according to ZF estimates. more

12.26.2012

Although one quarter of the almost 1,000 modern food retail units are located in Romania’s capital city Bucharest, in the winter holiday period long lines form in most supermarkets. On average, more

12.21.2012

The major supermarket chains are getting close to 1,000 stores on the local market after having opened 227 in 2012, according to a ZF analysis. Retailers continued to invest hundreds of millions of more

12.20.2012

The existence of over ten retail chains in Romania, a country with around 20 million inhabitants, may lead to consolidation between companies, but there is also concern over the food industry showing more

12.04.2012

Romanian adjusted retail sales fell 2% in October from the earlier month, on lower sales across the board, the statistics institute INS said Tuesday. more

11.30.2012

Fewer retailers are interested in expanding on the Romanian market next year than in 2011, according to a survey by real estate consultant CBRE among 100 companies. more

11.28.2012

Romania’s Competition Council will complete a retail market inquiry at the beginning of 2013 and some of the firms targeted might be penalized, Bogdan Chiritoiu, head of the antitrust watchdog, said more

11.26.2012

French retailer Auchan might take over the Romanian hypermarket network of German retailer Real and a deal to this end might be signed Thursday, people familiar with the matter told Ziarul Financiar. more

11.26.2012

The malls own by Romanian businessman Iulian Dascalu recorded a cumulated turnover of almost EUR40 million in the first nine months of the year. more

11.22.2012

Greek toy retailer Jumbo wants to enter the Romania market in 2014 and open eight stores by 2016. more

11.15.2012

Electronics, home appliances and computer retailer Domo currently has 100 stores, ten fewer than it did about six months ago. The company had announced streamlining plans more than a year ago, when more

11.14.2012

Magheru Boulevard in Romania's capital city Bucharest fell six spots to the 52nd position in a ranking regarding the world’s 62 most expensive streets. more

11.13.2012

The five largest fashion retailers in Romania will end the year with EUR320 million to EUR360 million in revenue, up 60% on the year as a result of the aggressive expansion and Romanians’ enthusiasm more

11.12.2012

New supply of modern retail space in Romania will total 187,000 square meters in 2012, down 40% on the year, while next year’s delivery is currently estimated at about 150.000 square meters, real more

11.12.2012

The local fashion retail is radically different than it was three years ago as a result of the difficult economic environment and of the many changes of market actors. more