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Hypermarket Operators Invested Some EUR150M In New Units This Year
The five hypermarket operators present in Romania opened 14 stores in 2012 and closed two, and investments in the new units exceeded EUR150 million, according to ZF estimates.
Holiday Overcrowding Still Occurs Despite Bucharest’s Numerous Stores
Although one quarter of the almost 1,000 modern food retail units are located in Romania’s capital city Bucharest, in the winter holiday period long lines form in most supermarkets. On avera...
Best Year For Supermarkets: 227 Stores Opened In 2012
The major supermarket chains are getting close to 1,000 stores on the local market after having opened 227 in 2012, according to a ZF analysis. Retailers continued to invest hundreds of mill...
Coface Romania: Food Industry Shows Signs Of Overheating, Competition Grows Fiercer
The existence of over ten retail chains in Romania, a country with around 20 million inhabitants, may lead to consolidation between companies, but there is also concern over the food industr...
CBRE: Less Than 10% Of Retailers Seek To Expand In Romania In 2013
Fewer retailers are interested in expanding on the Romanian market next year than in 2011, according to a survey by real estate consultant CBRE among 100 companies.
Antitrust Retail Market Investigation Completed Next Year
Romania’s Competition Council will complete a retail market inquiry at the beginning of 2013 and some of the firms targeted might be penalized, Bogdan Chiritoiu, head of the antitrust watchd...
Auchan Expected To Sign Thursday Deal To Take Over Real Hypermarkets In Romania
French retailer Auchan might take over the Romanian hypermarket network of German retailer Real and a deal to this end might be signed Thursday, people familiar with the matter told Ziarul F...
Dascalu's Malls Bring Revenues Of EUR40M In Nine Months
The malls own by Romanian businessman Iulian Dascalu recorded a cumulated turnover of almost EUR40 million in the first nine months of the year.
Jumbo To Enter Romania In 2014, Open Eight Stores By 2016
Greek toy retailer Jumbo wants to enter the Romania market in 2014 and open eight stores by 2016.