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Retail Pharmacy Chain Help Net Sales Up 25% to EUR209M in 2020
Help Net, the third leading pharmaceutical retailer by number of pharmacies in Romania, posted EUR209 million (some RON1 billion) sales in 2020, the company said in a release.
New Retail Loans Down for First Time in 8 Years in 2020
New consumer and mortgage loans in lei and euros consumers took from banks fell by some RON2.7 billion or 7% from the 2019 level to RON34.3 billion in 2020. Last year was the first of declin...
Land Deals for Residential and Retail Developments Keep Market at Over EUR300M in 2020
Real estate developers bought some EUR300 million worth of land in 2020 to build homes and residential projects, real estate consultant Colliers Romania says. However, they either did not bu...
Three DIY Retailers Announce Six New Stores in Romania in Next Two Years
At least six new DIY stores should open in Romania in the next two years. They will be part of the Leroy Merlin, Hornbach and MAM Bricolaj, data centralized by ZF from the announcements of t...
Supermarket and Hypermarket Chains in Romania Valued at Almost EUR10B in 2020
Local modern retail stores, about 3,500 in various formats, are valued at a little less than EUR10 billion (46 billion lei) in 2020, 21% higher than in 2019.
Pharmaceutical Retail Doubled to More Than RON20B in Ten Years
Romanians spent more than 20 billion lei in pharmacies last year, as their medicine and food supplement purchases rose by 8% in 2019 year on year, Trade Register data show.
Discount Fashion Retailer Kik Plans to Open More Than 30 Stores in 2021
German discount fashion store chain Kik has grown to 54 stores in Romania after having opened 17 in several cities of the country during the pandemic.
Colliers: Store Traffic Drops but Retail Sales Grow in 3Q
Nearly one third of retailers had similar or higher sales in the third quarter compared with the same period in 2019 although 85% registered a drop in traffic, a survey by real estate consul...
Supermarkets and Hypermarkets, Lifeline for Food and Drink Service Industry
Supermarket and hypermarket chains are the lifeline of the companies in the food and drink service industry as the number of COVID-19 cases is rising and restaurants, cafés and bars have to...