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Bucharest At Bottom Of DTZ Shopping Center Floor-Space Chart
Bucharest’s shopping center floor-space per thousand people stands at 185 square meters, one of the lowest rankings in Europe, after Paris with 141 sqm and Vilnius with 130 sqm, according to...
Romania Should Amend Law On Food Product Sale To Eliminate Negative Effects – Antitrust Watchdog
Romania should amend the law on the sale of food products, as it has had negative effects on the market, Competition Council president Bogdan Chiritoiu said Thursday.
IKEA’s CEO Advises Entrepreneurs To Think Globally
Mikael Ohlsson, the chief executive officer of IKEA, world’s largest furniture company, says he is in no hurry to open the next store in Romania and prefers to do things step by step, as IKE...
Retailers Have Invested EUR50M Since Start Of 2012
Modern retail companies invested about EUR50 million in the first two months of year to open 29 stores throughout Romania. They did it in part because they were encouraged by the four consec...
Food Retail Up, Fashion And Cosmetics Down In January
Consumption showed the first signs of rebound in the last quarter of last year and pursued an even faster rise in 2012. The almost 10% increase came from food retail, which was helped by the...
Consumption Picks Up In January. Adjusted Retail Sales Up 3% On Month
Romanian adjusted retail sales rose 2.9% in January compared with a month earlier, largely fueled by growing demand in all sectors, the statistics institute INS said Friday.
Romanian DIY Retailer Dedeman Aims For EUR500M Sales
Romanian do-it-yourself retailer Dedeman, controlled by brothers Adrian and Dragos Paval in Bacau, continues to surprise with rising sales, which came close to the EUR500 million mark last y...
Managers Expect Moderate Increase For Romania's Industry In Feb-Apr - Survey
Managers expect a moderate increase in industry and relative stability in construction, retail and services for the February-April interval of 2012, according to data published Tuesday by th...
Toys Make Over EUR100 Million Market
Romanians spend half a billion lei (over EUR100 million) on toys and games a year and the amount will continue to increase. The local toy market might even see annual growth of 14% from 2010...