10.04.2011

Romanians are cautious regarding online shopping, believing it a risky process, says a study of Internet users released by Gemius Group. more

09.27.2011

The newest “battles” on the Romanian retail market will be fought in Arad, Oradea and Constanta this autumn, where new malls are set to be opened. Four consultants inquired by ZF say, though, that more

09.15.2011

Shareholders of Argo Real Estate Opportunities Fund approved the purchase of the Era shopping parks in Romanian cities Oradea and Iasi, which makes the investment fund the largest shopping center more

09.14.2011

After a movie theater inside Baneasa Shopping City is completed next week, preparations are due to start on a new extension where the shopping center's food court will be relocated. more

09.06.2011

K&S Development, which develops Electroputere Parc shopping center in Romanian southern city Craiova, have expanded the center by more than 16,000 square meters, to 71,000 sqm, following increased more

08.23.2011

Selgros Cash&Carry Romania, which announced it resumed expansion in Romania after two years and a half, and was set to open its second store in Constanta this December, is one of the most cautious more

08.17.2011

Unirea Shopping Center (SCDM.RO) on Wednesday said its first half net profit dropped to 2.58 million lei (EUR606,000), from RON5.7 million in the same interval of 2010. more

08.12.2011

South African investment fund NEPI, which made the largest acquisitions on the Romanian real estate market between 2009 and 2010, has continued to sign deals into this year, adding the shopping more

08.11.2011

London-traded Argo Real Estate Opportunities Fund (AREOF) has a capitalization of just EUR15 million, but is about to become the largest owner of shopping centers in Romania, after acquiring the ERA more

07.28.2011

Cora, one of the most aggressive retailers in the last few years on the Romanian market, plans to open a small mall in Bucharest, which will also host a Cora hypermarket. more

07.19.2011

China Town Romania, owned by Chinese investors, opened a shopping center Tuesday in Afumati, near capital Bucharest, following a EUR27 million investment. more

07.07.2011

Swedish clothing retailer H&M will launch this fall a store in southeastern Romanian city Constanta, in the Maritimo Shopping Center developed by Austrian investment company Immofinanz. more

07.05.2011

Smaller versions of the Baneasa project in northern Bucharest, Romania's largest retail park, are fighting and succeeding in getting new tenants. While expansion tends to be more difficult for malls more

06.22.2011

Hundreds of small stores - supermarkets and discount stores - have opened in the last few years. On the other hand, there are just a handful of hypermarkets and cash&carry stores that cover more than more

06.20.2011

Billionaire Gabriel Popoviciu, who controls mega real estate project Baneasa in northern Bucharest, is preparing the opening of Oradea Shopping City mall this autumn, with a new manager, Bogdan more

06.17.2011

Romanian Shopping Center Holding, a company owned by businessman Gabriel Popoviciu, Friday said it will launch this fall the Oradea Shopping City mall, following an investment of EUR50 million. more

05.24.2011

Romania’s Unirea Shopping Center (SCDM.RO) Tuesday said its net profit more than halved to 3 million lei (EUR0.7 million) in the first quarter, on lower sales. more

05.09.2011

Unirea Shopping Center (SCDM.RO) evaluated its two shopping centers, in Bucharest and Brasov, at 432.2 million lei (EUR101 million) end-2010, down from RON479 million at the end of 2009. more

04.18.2011

Romania’s Unirea Shopping Center (SCDM.RO) Monday said its net profit more than halved to 5.9 million lei (EUR1=RON4.0869) in 2010, from RON12 million a year earlier. more

04.13.2011

Shopping center developers will mainly target Central and Eastern Europe in 2011 and 2012, while Romania could still absorb some 800,000 square meters of modern retail space, propetry consultant DTZ more