Analysis
Number Of Modern Retail Stores Set To Double In 5-7 Years
Belgium-held Mega Image wants to open around 100 stores this year alone, Rewe Romania wants to double its network by 2020, and Carrefour is set to bring a new format on the Romanian market,...
Press Review - April 22, 2014
Teleorman County Under Red Code Alert For Floods Until Tuesday A red code alert for flooding remains valid for Teleorman county (southern Romania) until Tuesday evening, at 6 p.m., according...
Press Review - April 18, 2014
Agricultural Sector Representatives Call On Government To Cut VAT On Meat To 5% Employers in the agricultural sector are calling on the government to lower the value added tax (VAT) on meat...
Modern Retail Networks Hold Over 50 Ha Of Logistic Warehouses
The 12 modern retail networks operating in Romania use owned or long-term rented logistic warehouses with a total area of above 50 hectares, the equivalent of 50 large hypermarkets. Kaufland...
Weekly Export Risk Outlook, April 17
Romania's economic growth will remain modest this year, easing slightly to 3% from 3.5% in 2012, according to Euler Hermes' latest export risk outlook.
EU Auto Sales Up 10% In March, Romanian Dacia Up 50%
New car sales in the European Union increased 10.6% on the year in March, to 1.449 million units, and Renault posted the highest growth, mainly fueled by a rise of more than 50% in Dacia sal...
Press Review - April 17, 2014
RMGC Loses Two Environmental Permits In Court Rosia Montana Gold Corporation (RMGC), which plans to develop the mining project in Rosia Montana, lost two more environment permits in court. A...
Energy Market Reverts To 2009 Level With Last Year’s “Performances”
After consumption slipped by 5% last year, the energy market neared the level of 2009, the toughest year for Romania during the financial crisis, which led to a domestic demand contraction b...
Spa Centers, A EUR6M Business In Romania
The Romanian spa market amounts to EUR6 million and it has numbered 140,000 clients. Most spas can be found in five-star hotels, but there are also several independent spa centers.