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Why Main Street Retail Isn’t Working In Bucharest
Dozens of empty stores are waiting for tenants on the boulevard connecting Piata Unirii and Piata Romana in the center of Bucharest.
Domo Gets New Owner, CEO
Electronics, home appliances and computer retailer Domo was taken over by investment fund Domtech and has a new chief executive officer, Dragos Dinu.
CBRE: Modern Retail Space Stock To Climb 6% In Next Two Years
The stock of modern retail space in Romania will increase 6% in the next two years, from 2.7 million square meters at the end of 2012, according to real estate consulting firm CBRE Romania.
IKEA In Talks With Era Shopping Park Owners To Open Store In Iasi
Representatives of Era Shopping Park in Iasi (northeastern Romania) are negotiating with Swedish furniture retailer IKEA the opening of a store, and the deal is likely to be concluded this y...
Retail Sales Rose 3.3% In Romania Last Year
Romanian adjusted retail sales rose 3.3% in 2012 compared with the previous year, on higher sales across the board, the statistics institute INS said Friday.
Retailers Plan To Open More Than 150 Supermarkets In 2013
Supermarket chains are planning to open more than 150 stores this year, continuing the expansion trend of the last few years.
50 Trends For 2013
Romania's economy will rise 2%. Hidroelectrica will get out of insolvency. Another 150 km of highway will be finalized. Bancpost could merge with Banca Romaneasca. These are just a few of th...
2012’s Top Ten Events In Retail Sector
The year 2012 was rather busy for the Romanian retail sector, with bankruptcies, exits from the local market and changes in rankings. Also, towards the end of the year, French retailer Aucha...
Romania’s M&A Market Climbs To Over EUR1B In 2012, Lifted By Retail, Real Estate Deals
Romania’s merger and acquisition market, estimated at over EUR1 billion this year, has seen transactions in almost all sectors, with the most significant in retail, real estate and the ferti...