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L’Oreal Taps Romanian Retail With Kiehl’s-Branded Luxury Store In AFI Cotroceni
French cosmetics producer L’Oreal enters the Romanian retail market with a store under Kiehl’s brand, a US premium cosmetics name. The store will be opened in shopping center AFI Palace Cotr...
Retailers In Bucharest Malls Have Sales Of EUR2,320/Sqm/Year, Double Than Other Cities
The turnover of shopping malls in Bucharest stands at EUR2,320 per square meter a year, double compared to that of malls outside Bucharest, and the difference in rent prices is proportional,...
Mega Image And Carrefour Vying For Top Spot In Bucharest
Bucharest alone contributes 35% to 45% of the revenue of the local retail industry, which makes it the most powerful market and hottest place to be for store chains.
Top Ten Shopping Center Owners Hold 180 Hectares Of Retail Space in Romania
The ten largest owners of retail spaces in Romania hold together about 1.8 million square meters of malls, retail parks and shopping galleries, which can be valued at about EUR3 billion, acc...
The Romanian Handling EUR130M Worth Of Sales For Pepsico Romania
Claudiu Dorcioman, the Romanian who was appointed last year as head of beverage sales at giant PepsiCo in Romania, says the way the structure of retail has changed in recent years, with majo...
Pavel, Benvenuti: One Third Of Products In Our Stores Are ‘Made In Romania’
Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, has invested EUR2.3 million in building its own headquarters in Oradea. The investment comes after a time of constant growt...
Lidl Becomes Eighth Largest Importer In Romania
Lidl discount store chain, which entered Romania officially in 2011 when it took over the Plus network, became the eighth largest importer in the country last year, climbing four positions o...
Gothaer Sees Growth Potential On Agricultural Insurance In Romania
Agricultural insurance is one of the main segments presenting growth potential in the coming years, but Gothaer will further bank on the niche of products aimed at SMEs and will try to expan...
Schogetten Chocolate Sales In Romania Hit EUR22M In 2013
Schogetten chocolate brand produced in Germany in 2013 registered sales worth some EUR22 million (around $30 million) in Romanian retail, according with ZF calculations based on Canadean dat...