Retail&Consumer
JLL Bucharest City Report: 2019 Will Bring 900,000 Sqm of New Modern Spaces
Real estate development activity could double in 2019 compared with 2018 if all the projects scheduled for this year are completed as developers announced over 900,000 square meters of moder...
Romania’s Restaurant Market Tripled to EUR2.4B In A Decade
Romanian consumers spent 11.2 billion lei (EUR2.4 billion) in restaurants in Romania last year, 13% more than they did in 2017 and triple the amount a decade ago, ZF has found from Trade Reg...
Burger King at Its Second Try in Romania, Set to Open First Restaurant in September
Poland’s Amrest group, which operates on about 20 markets in the world, will open the first Burger King restaurant in Romania in September, market sources told ZF. The company already has 46...
Premium Porc Invests EUR32.5M in Feed Factory in Sibiu
Danish group Premium Porc Group, the second largest pork producer in Romania, has invested EUR32.5 million in its third feed factory, which it opened in Avrig, Sibiu county.
Visa Users in Romania May Pay in Installments Within Pilot Program
Visa card holders in Romania will be the first in Europe to be able to pay for their purchases in installments at participating stores and online using their cards, within a pilot program.
Less Than 20% of Romanians, Bulgarians Book Holidays Online
In the EU in 2017, 50% of internet users said that they booked their holiday accommodation or travel via the internet, Eurostat data showed Wednesday.
Grocery Retailers Own RON15B Worth of Real Estate in Romania
Hypermarket and supermarket chains in Romania own land and buildings valued at 15 billion lei (EUR3.1 billion) and the value of their real estate portfolios rose by 17% in 2018.
Nextfit Opens EUR1.1M Fitness Center in Vox Technology Park in Timisoara
Gym operator Nextfit, owned by entrepreneurs Razvan Irimescu and Sergiu Serban, is set to open a fitness center in Vox Technology Park in Timisoara, following an investment of EUR1.1 million...
Altex Leaves eMAG Platform Citing High Commissions
Electronics retailer Altex is leaving the marketplace platform of online retailer eMAG after a year and a half citing high commissions, Altex said in a press release Monday.