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IT Solutions Integrator RBC Expects 10% Higher Revenue As It Taps New Sectors
Romanian Business Consult (RBC), the biggest local IT solution integrator for food and retail companies, expects its revenue to grow by around 10% this year, after expanding to new sectors,...
Furniture Sales In Romania Halved In 2008-2013
The total revenue of the companies in the furniture retail business stood at EUR623 million last year, half the 2008 level. The furniture sector, just like the entire durable goods industry,...
Antitrust Watchdog: 26 Companies Risk Fines Following Investigation On Retail Market
Romania’s Competition Council may impose fines on 26 companies following its investigation on the local retail market targeting contracts concluded between Metro, Selgros, Mega Image, Intere...
Romania Posts Biggest Retail Sales Decline In EU In August
Romanian retail sales fell 0.6% in August compared to July, the biggest decline in the EU along Slovakia, official data showed Friday.
Romanian Retail: The Battle Moves On Small Spaces
The 12 networks that operate in the local modern retail after the first nine months of this year reached almost 1,380 stores, 143 more than in late 2013. Companies had to invest EUR130-170 m...
Footwear Manufacturer Ara Shoes Has More Than 160 Partner Stores In Romania
Germany’s ara Shoes, which makes more than EUR50 million worth of shoes in Romania, does not have its own retail stores on this market, relying instead on more than 160 partner stores, the c...
Romania’s Largest Furniture Maker Expands Into Retail
Romania’s largest furniture manufacturer, Baia Mare-based Aramis Invest, has expanded into furniture retail by opening a store in the Gold Plaza mall in the city. A second store is due for o...
Retail On The Rise In Bucharest’s Old Town
Retail has come to take up one quarter of the over 300 spaces of Bucharest’s old town, an area still dominated by HoReCa units.
Vlad, Selgros: Retailers Opening Small Stores To Continue Expansion “At A Fast Pace”
Retailers opening stores with small sales areas will continue to expand their networks “at a fast pace," on the backdrop of a low level of urbanization, while retailers opening big stores wi...