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Romania’s Retail Market Expected To Reach 2008 Level Of RON130B By 2015
Romania's retail market, which returned to growth in 2012, will witness a growth rate of over 5% in upcoming years and is expected to reach 130 billion lei (EUR29 billion) by 2015.
Romanian Retailers Extend Shopping Hours, Close For Christmas Day And January 1
Supermarkets, hypermarkets and cash&carry stores will extend shopping hours and some will be open around the clock on December 19-23 and December 29-30, shorter hours on December 24, 26, 31...
2013 In Review: Ten Most Important Events In Food Retail
The year 2013 has been full of events for the local retail sector, from changes of executives to hundreds of store openings inaugurated by most companies in the sector.
Most Important Construction Projects Completed In 2013
Besides the bitter taste, which many companies in the construction business felt this year, 2013 will go down in history as the year of a number of major projects delivered on the local mark...
Dutch Investor Buys Bucuresti Department Store For EUR4M
A Dutch investor has bought the building of the former Bucuresti department store, one of the most important retail destinations in Bucharest before 1989, from the heirs of the founders for...
Ostahie: Altex Has Gone Hand In Hand With Economy
Romanian electronics and IT retailer Altex has pursued the same trajectory as the Romanian economy in the company’s twenty-year existence. The largest electronics & IT retailer was affected...
Vlad, Selgros: It’s Time We Seek Foreign Investors, Bring Them Here
One of the most powerful Romanian managers in the retail business, Alexandru Vlad, executive director of Selgros since 2001, says the crisis is not over yet for the companies “working with a...
Nine Largest Retail Chains In Romania Are Worth EUR2.9B
Nine out of 12 modern retail chains present in Romania feature in this year’s ranking of the 100 most valuable companies in Romania, with an aggregated value of EUR2.9 billion.
H&M Opens Its 30th Store In Romania
Swedish fashion retailer H&M opened its 30th Romanian store in Galati Thursday, and the new 1,500-sqm unit is located in Galati Shopping City.