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Germany’s Fashion Retailer Anson's Set to Enter Romania
Germany’s fashion retail group Anson's, which operates large multibrand stores, will enter Romania with a store in the ParkLake mall in Bucharest, market sources say.
Entrepreneur-Owned Grocery Retailers End 2020 with 10% to 20% Growth
Entrepreneur-owned grocery retail businesses ended the first year of the pandemic with growth of 10% to more than 20%.
Discount Store Chains See Record Sales of EUR3.5B in Romania in 2020
Discount grocery retail chains had their best year in Romania in 2020, posting sales of more than EUR3.5 billion with more than 550 stores, 60 of which newly opened, ZF has found.
CBRE: Industrial Space Leasing Grows 43% in 1Q
Total industrial leasing activity in Romania grew 43% on the year in the first quarter, to 264,400 square meters, real estate consultancy company CBRE said in a report.
Corporate Lending Up More Than 14% in March
Corporate loans have become the lending driver in Romania, with the volume going up 14.4% to RON81.9 billion in March over the year-ago month.
Cris-Tim Group’s Retail Chain Overshoots 20-Store Mark, Continues Expansion in 2021
Cris-Tim group, one of the largest cold cuts producers in Romania, is looking for space in good locations to expand its own retail chain in 2021, its officials say.
Second-Hand Fashion Market on the Rise in Romania
The second-hand fashion market in Romania is developing like the regular fashion market, so retail and chains are emerging. This market started taking shape in Romania more than a decade ago...
Top Five Grocery Retailers in Romania Headed for 82% Market Share by 2024
The fight for the top position in the modern grocery retail in Romania is becoming tighter, and the biggest actors are growing constantly and becoming bigger. The most powerful five groups –...
Former Plants in City Centers Make Room for Retail or Residential Developments
Dozens of plants – furniture, cosmetics, food or construction supplies factories, have been taken down in the past two decades to make room for DIY stores, hypermarkets, malls and apartment...