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Billa Posts EUR290M Turnover, Continues Expansion
Billa, the largest supermarket chain on the Romanian market in terms of turnover, part of the Rewe group, ended last year with a EUR290 million turnover, close to the 2009 level.
Retailers Still Open Stores Despite Consumer Spending Decline
The domestic retail market, valued at EUR16 billion, will continue to grow in the next ten years by 62% from the 2010 level and is set to reach a value of around EUR26 billion by late 2020.
Romania’s FMCG Market To Enter Slow Upward Trend - Study
Romania’s fast moving consumer goods (FMCG) market will start widening by 5% per year, despite having shrank by 29% over the past two years, to EUR16 billion in 2010, according to a study by...
High Street Retail Draws Casinos, Discounters
Rental demand for commercial space on Romania’s main streets comes mostly from casinos and discount stores, according to an analysis by real estate consultants Cushman&Wakefield.
Germans Dominate Romania's EUR6B Retail Market
The top ten largest modern retail chains in Romania, a market dominated by German investors, posted EUR6.1 billion in turnover last year, according to ZF estimations, roughly the same as in...
Mega Image Rolls Out Store After Store
Retailer Mega Image, which owns Mega Image supermarkets, Red Market discount stores and Shop&Go proximity stores on the Romanian market, is set to open another two units in the following wee...
Colliers: Bucharest Retail Rents Stay Among The Lowest In EMEA
Bucharest retail rents remained some of the lowest in the Europe, Middle East and Africa region over the past six months, according to real estate consultants Colliers.
How Will Lidl Change The Face Of Retail?
The entry of Germany's Lidl on the domestic market will change the face of Romania's modern retail, a business of EUR7-8 billion annually, with the company set to swallow market share from t...
CBRE: Retail Networks Expected To Drive Land Trades In 2011
Hypermarket and supermarket chains will top the activity chart on the Romanian land market in 2011 as well, since developers are focusing on projects previously frozen because of the economi...