02.07.2023

BRD - Groupe Société Générale S.A. said in a stock market report on Tuesday (Feb 7) that its Board of Directors appointed Madalina – Otilia Teodorescu to the position of Deputy CEO Retail, for a more

02.06.2023

Retail sales in Romania, excluding vehicle sales, increased by 7.5% in unadjusted data in December 2022 compared to November 2022 and by 1.4% when adjusted for seasonality and number of working days, more

01.30.2023

Adrian Urda, CEO of Cometex, a retail park developer part of Altex group, says the company plans to carry out retail investments of above EUR200 million by 2025. more

01.18.2023

Retail space deliveries will increase significantly in 2023, considering that over 230,000 square meters of retail spaces are currently under construction and are planned to be completed by the end of more

12.23.2022

Romania's Ministry of Finance has attracted RON853.9 million and EUR162.7 million, respectively (values amounting to just over RON1.65 billion – EUR336.3 million) through the 10th primary offer for more

12.08.2022

IULIUS Group has opened the second Family Market project, in the Bucium neighborhood in the city of Iasi. more

11.16.2022

Forty Management, one of the leading real estate developers of mixed-use and urban redevelopment projects in Romania, has completed the sale of 1,220 square meters of retail space located in its more

11.08.2022

Retail turnover, a barometer for private consumption, declined by 3.6% in gross series in September from August amid falling sales of foodstuffs, beverages and tobacco (by 8.3%, fuel (by 2.2%) and more

11.04.2022

Poland’s Scallier, one of the most dynamic investors in small and middle-sized retail parks, is starting the construction of a retail park in the locality of Mosnita Noua, in Romania's western Timis more

11.03.2022

Japanese fashion group Fast Retailing, one of the world's largest fashion industry actors, might enter Romania as late as in 2024-2025, bringing its flagship brand Uniqlo, market sources say. more

10.21.2022

Dr.Max Group, the leading pharmacy chain in Central Europe, held by Czech investment fund Penta Investments, signed an agreement for the acquisition of retail and distribution operations of Gedeon more

10.06.2022

Retail sales volume in Romania (excluding the trade with motor vehicles and motorcycles) grew by 4.8% in unadjusted data and by 5.9% when adjusted to the number of working days and to seasonality on more

09.26.2022

The ranking of cities with the most modern commercial spaces is led by capital Bucharest which is followed by Timisoara, Cluj-Napoca, Iasi, Constanta and Brasov, considering that investors more

09.07.2022

Over the last five years, the share of online sales in Central and Eastern Europe (CEE) grew by nine pp to 15%, and in four years’ time is bound to amount to 20% – according to forecasts by real more

09.05.2022

Retail turnover, the main barometer for private consumption, in the first seven months of this year went up by 4.8% in gross series, from the same period of last year, amid rising sales of fuel (by more

09.02.2022

AFI Europe, owner of AFI Cotriceni mall of Bucharest, started construction works for the company’s first retail park, set to be built in Arad. more

07.15.2022

Iulius Group founded by businessman Iulian Dascalu has launched a new retail concept along with the opening of Family Market Miroslava, a proximity project carried out in partnership with the more

07.06.2022

The inflation and the rising interest rates will certainly impact the residential real estate market as the market is strongly linked to lending policies, according to Bogdan Sergentu, Head of more

07.06.2022

Retail turnover, the main barometer for private consumption, in the first five months of this year went up by 5.7% in gross series from the year-earlier period, amid rising sales of fuel (by 10.1%), more

06.27.2022

Romania’s finance ministry listed four new issues of FIDELIS government bonds totaling over RON1.44 billion, on Monday (June 27). The four issues are traded under the stock symbols R2306A, R2506A, more

06.27.2022

Real estate developer Zacaria, part of international Alf Mizzi & Sons group, is to open a retail park in Cisnadie, Sibiu County, in the second half of next year, following a more than EUR11 million more

06.23.2022

French group Lagardère, present in Romania via Travel Retail, Lagardère Travel Retail, active in the travel retail sector, plans to open 30 new spaces in Romania by the end of this year, mainly more

06.16.2022

Real estate developers are further expanding their retail project portfolios in Romania, so that spaces with a total area of above 500,000 square meters are announced for the next four years, reveal more

06.06.2022

Retail sales volume (excluding the trade with motor vehicles and motorcycles), in unadjusted data, grew by 3.7% in April 2022 versus April 2021 due to increases recorded by the retail of automotive more

05.30.2022

Lemon Retail Park, built by Synergy Construct in Bucharest's northern area of Pipera, following an investment of EUR15 million, will be inaugurated in September 2022, real estate consulting firm CBRE more