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Good News From Consumption And Salaries In July
The third quarter had a good start, as July brought good news from retail, which went back into positive territory after two years and a half of almost uninterrupted declines, on salary hike...
INS: Romanian Adjusted Retail Sales +2.2% On Month In July
Romanian adjusted retail sales rose 2.2% in July compared with a month earlier, fueled by higher sales in all sectors, the statistics institute INS said Monday.
Sorana Georgia, Billa: There Will Be No More Consumer Spending Spree
Sorana Georgia, the new boss of supermarket chain Billa and the only Romanian woman running one of the 15 largest local retail networks, is thinking out the next moves for Billa like a “ches...
Magheru Boulevard Is World’s 46th Most Expensive Retail Location - Survey
The Magheru boulevard in Bucharest ranked 46th in a Cushman&Wakefield chart of the most expensive 63 boulevards in the world, with respect for the rent paid in these locations.
Romania To Become Second Largest Shopping Center Market In CEE By 2013
In the coming years, Romania is going to rank second in the region by the volume of shopping centers developed, after Poland, but ahead of the Czech Republic and Hungary, as its market conti...
Bucharest Retail Property Market Seen As “Hot” In “Fair Value” Index- DTZ
Realty investors find the Bucharest retail segment one of the most attractive in Europe, as compressed yields and higher rents bring substantial capital increase in the medium term, accordin...
The Big Stake In Consumer Goods Distribution: Winning New Contracts Or Attracting Clients From Rivals
Consumer goods distributors, who annually mediate sales of cigarettes, spirits and foodstuffs worth over EUR2 billion, have tried to bolster turnover by attracting new brands to their portfo...
Romania Raises Fines For Mislabeled Food, Clothing
Romania's Government has increased the fines for inaccurate price tags on food and clothing, from 50-100 lei (EUR12-24) to RON500-2500, and for incomplete labels for such products, from a ma...
Cora Earmarks EUR30-40 Mln For Land Acquisitions
Cora, one of the most aggressive retailers in the last few years on the Romanian market, plans to open a small mall in Bucharest, which will also host a Cora hypermarket.