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Head Of Unicredit’s Retail: Expansion Stops, But Number Of Machines For Non-Stop Operations Will Rise
Banks-Insurance

Head Of Unicredit’s Retail: Expansion Stops, But Number Of Machines For Non-Stop Operations Will Rise

New types of deposits with maturities of two years and of eight months, mortgage loans meant to encourage financing in lei, supplying all branches with special machines for non-stop operatio...

Razvan Voican · 01.12.2011 · 00:00 · 5 min
"Junk" Malls Sell At 80% To 90% Discounts
Real Estate

"Junk" Malls Sell At 80% To 90% Discounts

The shopping centers with poor sales, few clients and hardly any major tenants on the local market are selling at 80% to 90% discount on the prices of 2006 and 2007. The latest deals to prov...

Cristi Moga · 01.12.2011 · 00:00 · 2 min
Modern Retail Systematically Wipes Romanian Traditional Retail Off The Map
Retail&Consumer

Modern Retail Systematically Wipes Romanian Traditional Retail Off The Map

The local retail market, which had a little over 88,000 stores at the end of last year, has lost some 6,500 stores over the past four years in traditional retail alone. Although communist-er...

Daniela Stoican · 30.11.2011 · 00:00 · 3 min
Retail&Consumer

Ramnicu Valcea Entrepreneurs Developed 32-Store Chain And 50 Types Of Raureni Canned Food

Dorina and Dan Mutu from Ramnicu Valcea town have over 17 years built businesses with a turnover in excess of EUR46 million this year.

Ioana Mihai-Andrei · 25.11.2011 · 00:00 · 3 min
Consumption In 2012: Focus On Basic Products Is The Only Certainty
Retail&Consumer

Consumption In 2012: Focus On Basic Products Is The Only Certainty

Retailers have mixed opinions about the evolution of consumption next year, but most believe there will be a change in the structure of consumption, with Romanians set to abandon premium pro...

Cristina Roșca · 24.11.2011 · 00:00 · 3 min
Suceava, Oradea And Arad Leave Bucharest Behind
Real Estate · SHOPPING CENTER DEVELOPMENT

Suceava, Oradea And Arad Leave Bucharest Behind

Investors bet over EUR350 million on new malls and the expansion of existing projects this year. Openings also show in the ranking of cities by retail area per capita.

Cristi Moga · 24.11.2011 · 00:00 · 3 min
Retail&Consumer

Krammer & Wagner: Ten More Foreign Retailers Willing To Tap Romanian Market

The founders of Austrian real estate consultancy Krammer & Wagner, who brought tenants to shopping centers such as Bucharest’s Militari Shopping and Constanta’s Maritimo, said at least ten m...

Andreea Neferu · 21.11.2011 · 00:00 · 4 min
Romanian Retailers Stand Strong Against Kaufland, Cora And Carrefour
Retail&Consumer

Romanian Retailers Stand Strong Against Kaufland, Cora And Carrefour

Eight Romanian entrepreneurs are fighting modern retail bigwigs like Kaufland, Carrefour and Penny Market on equal footing, and rank among the top 20 local retail players. Businesspeople lik...

Cristina Roșca · 20.11.2011 · 14:19 · 3 min
Retail&Consumer

Wave Of Openings In Time To Take Advantage Of Best Month In Retail

Modern retailers are in a hurry to open stores in time for the winter holiday season, which always adds to the revenues of companies in this sector.

Cristina Roșca · 17.11.2011 · 00:00 · 3 min