11.21.2011

The founders of Austrian real estate consultancy Krammer & Wagner, who brought tenants to shopping centers such as Bucharest’s Militari Shopping and Constanta’s Maritimo, said at least ten more more

11.20.2011

Eight Romanian entrepreneurs are fighting modern retail bigwigs like Kaufland, Carrefour and Penny Market on equal footing, and rank among the top 20 local retail players. Businesspeople like Nicolae more

11.17.2011

Modern retailers are in a hurry to open stores in time for the winter holiday season, which always adds to the revenues of companies in this sector. more

11.13.2011

No fewer than four Mega Image stores are located along Bucharest's Stefan cel Mare boulevard. Not one store of competitors Profi or Carrefour is to be found on the same street or in the vicinity. Why more

11.09.2011

Over 20 apparel stores have opened or have been announced in the past month, and fashion retailers insist things will not stop here, given the market’s potential to grow by EUR1 billion by 2015. more

11.07.2011

Companies in modern retail – cash & carry, hypermarkets, supermarkets and discount chains – expanded aggressively in Bucharest, where the around two million residents spend over EUR2 billion, a more

11.04.2011

Romanian adjusted retail sales inched up 0.7% in September compared with a month earlier, on higher demand for food items, the statistics institute INS said Friday. more

11.02.2011

Altex, the largest electronics, home appliances and IT products retailer in Romania by sales, has opened eight stores this year and has three more planned by yearend. Total investments amount to EUR4 more

10.28.2011

Austrian investment fund Immofinanz, the largest foreign investor on the Romanian real estate market, opens the Maritimo mall in Constanta on Friday in the wake of a EUR100 million investment. The more

10.27.2011

Retailer G’Market, owned by Turkey’s FIBA group, closed the store in the Hala Centrala shopping center in downtown Iasi (NE Romania) in mid-October. This was its last store on the market. more

10.27.2011

Electronics, home appliances and IT products retailer Flanco expects EUR140 million sales next year, 27% higher than this year and almost double the figure of 2010. more

10.26.2011

Sales of private labels account for about 11% of the total volume of the retail market, but the percentage might double or even triple in ten years, considering Romania is among Europe’s laggards in more

10.20.2011

Only four counties in Romania and Bucharest have maximum potential for expansion as far as food retailers are concerned, while 15 counties have low development potential. more

10.18.2011

Bogdan Macarie, the executive who ran for one and a half years apparel retailer Debro Retail, the operator of the Debenhams stores, is now the new development director of Trigranit Development, one of more

10.12.2011

The consumers' lower disposable income, the sales tax increase and the economic crisis are not reflected in the balance sheets of the major retailers operating in Romania. The combined profits of the more

10.12.2011

An Orange client who only wanted to pay their bill could go through the operator’s stores to the cash register without seeing any of Orange’s offers and without being approached by any sales more

10.11.2011

Dedeman, the largest Romanian retailer, controlled by the Paval brothers in Bacau, invested EUR11 million in store no. 25, which will open on Friday in Alba Iulia, bringing total investments made this more

10.07.2011

Romanian electronics retailer Flanco launched Friday its largest store, within the Unirea Shopping Center following an investment of EUR2 million. more

10.07.2011

French hypermarket operator Cora, which until recently had a slow expansion on the Romanian retail market, is shifting strategy: Thursday it announced plans to open 20-25 stores in the next three to more

10.06.2011

The discount retailers seem to emerge as the winners of the crisis, having opened over 220 stores throughout Romania from 2008 through 2011 and reached EUR1.2 billion sales on a modern retail market more

10.06.2011

The most crowded autumn in three years in terms of mall openings starts this Thursday, October 6 in Arad, with a EUR70 million project that is almost entirely rented out. Further malls will open in more

10.05.2011

Romania posted the sharpest monthly drop among EU countries in terms of retail trade in August, according to data published Wednesday by EU statistics office Eurostat. more

10.04.2011

Romanian adjusted retail sales fell 3% in August compared with a month earlier, due to declines in most sectors, the statistics institute INS said Tuesday. more

10.03.2011

Hypermarket networks are resuming expansion in Bucharest as well, with Carrefour, Cora and Kaufland having units under construction in Chitila, Rahova and Vitan districts. There were no new more

09.30.2011

Austrian DIY network BauMax, with EUR132 million in sales last year, is currently building its second store in Cluj and is set to start work on a store in Oradea by yearend, after the stores it opened more