09.14.2017

more

05.23.2017

more

10.12.2016

The German real estate market provides easier access to financing for retailers compared with the Romanian market, according to Klaus Reisenauer, shareholder of real estate company Oasis, which more

05.23.2016

AFI Europe Romania registered a net operating income (NOI) of RON10.8 million in January-March 2016, from its income-generating assets in Romania, which translates into an increase of 12.2 % compared more

03.16.2015

The six largest players in Romania’s modern retail, with overall revenue of around EUR6 billion in 2014, according to ZF estimates, are present in the ranking of the 500 biggest importers locally, more

02.20.2015

Owners of cards issued by local banks in 2014 operated payments at retailers abroad worth 6.7 billion lei (EUR1.5 billion), up one fifth against 2013, according with BNR data. more

02.18.2015

Owners of cards issued by local banks in 2014 operated payments at retailers worth 30 billion lei (EUR6.7 billion), up 16% from 2013, according with BNR. However, cash withdrawals from ATMs are still more

02.16.2015

Stores in Baneasa shopping center saw sales stall at EUR205 million last year amid stable traffic, Georgios Argentopoulos, the chief executive officer of Baneasa Developments, the company through more

01.28.2015

Elka Oktal Group, which manages oktal.ro, among Romania’s ten largest IT&C online stores by 2013 revenue, went bankrupt after piling up a heavy debt load. more

01.13.2015

Selgros Cash&Carry on Tuesday rejected the accusations of Romania’s Competition Council, which fined the company RON6.6 million, and awaits the watchdog’s motivation in order to start legal more

12.18.2014

Bucharest ranks 30th among the most attractive 57 cities in Europe in terms of the interest of international retailers for expansion, after Budapest and Warsaw, and 25th as regards luxury brands, more

11.26.2014

Online retailers’ Black Friday campaigns have revealed clients’ booming use of mobile equipment, with a significant weight of visits and orders being registered from smartphones and tablets, more

11.04.2014

Romanians are looking for discounts throughout the year, not only in the official periods of sales, according to clothing and footwear retailers. more

10.29.2014

Retailers hosted by Bucharest’s shopping center Sun Plaza reported sales of nearly EUR170 million in 2013, with coffee shops, restaurants and lingerie shops posting the highest sales per square more

10.22.2014

Consumers’ appetite for Romanian taste has become an annual business of several tens of million euros for retailers, according to ZF estimates. However, behind brands such as “Bun, din Romania” more

10.16.2014

The Romanian retail market is highly fragmented, a reason why it will witness new acquisitions and mergers in the coming years and players that are too small to hold top positions will exit Romania, more

09.11.2014

The 70,000-80,000 small stores still operating in Romania are eyed by international retailers, which are trying to attract them in franchise. Thus, in full crisis, Carrefour, as well as Metro more

05.19.2014

Entrepreneurial businesses of modern retail are set to remain under the sign of the crisis in 2014 as well, as consumption appetite is still feeble and international chains are adding several hundred more

05.01.2014

Evomag, a major e-commerce player in Romania, with a 9-year presence on the market, wants to reach revenue of EUR50 million in three years, Mihai Patrascu, the company’s owner and general manager, more

04.09.2014

The Romanian government has left the Parliament to discuss the details of the project aimed at capping cash payments, which is likely to give a strong boost to the card market. However, restrictions more

04.07.2014

Petrom’s gas station network of more than 500 units, with revenue of around 15 billion lei (EUR3.4 billion) in 2012, is Romania’s biggest retailer, followed at some distance by Rompetrol gas more

03.27.2014

Nine international groups, holding 12 modern retail networks overall, are still present on the Romanian market, after the departure, in recent years, of Turkey’s FIBA (with G’market stores), more

03.11.2014

Romania ranks 35th among the 55 most attractive global retail markets for expansion this year, on the same position with Ukraine and South Korea, according to real estate consulting firm CBRE. more

11.26.2013

Romania’s clothing and footwear market, estimated at some EUR1.5 billion, is dominated by foreign brands and the only Romanian retailer included in the top ten, by market share, is Leonardo, a more

11.22.2013

Online IT and electronics retailers emag.ro, evomag.ro, F64 Studio and retailer Domo had sales of over RON80 million in the first 12 hours of their Black Friday sales campaign, the companies said in more