Retail&Consumer
C&W Echinox: Developers To Deliver 1.2 M Sqm of Industrial, Retail, Office Space in 2019
Investors plan to deliver industrial, retail and office spaces with a total area of 1.2 million square meters, a new market record, compared with new spaces of around 850,000 sqm delivered i...
Romania’s Mailing and Courier Services Market Tops RON4B in 2018 Due to Online Commerce
Romania’s mailing and courier services market topped RON4 billion in 2018 due to higher online sales, a KeysFin analysis showed Monday.
CBRE: Realty Deals At EUR940M In 2018, Similar With 2017 Level; Office Space Segment The Most Dynamic
Real estate transactions completed in 2018 reached EUR940 million, similar with the level registered in 2017, but 30% higher than the level recorded in 2016, being the fourth consecutive yea...
GfK: Romania Durable Goods Market Up 13% On Year To EUR3.4B In 2018
The Romanian durable goods market rose 13% year-on-year to EUR3.4 billion in 2018, according to a GfK TEMAX survey.
Huawei Takes Top Spot on Tablet Market in Romania, Plans to Open New Stores
China’s Huawei, the second largest smartphone vendor in Romania, took the top spot of the tablet market at the end of last year and plans to launch its laptop range on the local market in a...
Retail Bakery Chain Panemar Bets on Expansion
Retail bakery chain Panemar established by entrepreneur Nicolae Chiorean is taking its first step outside Cluj County by opening a store in Oradea.
Penny Market Set to Open 20-25 Stores in 2019
German–held discount store chain Penny Market will expand the network by 20 to 25 units this year and prepare a logistics investment in the southern Romania region of Oltenia.
Mihai Patrascu, evoMAG: We Ended 2018 with 15% Growth
Evolution Prest Systems, the company that runs the online store evoMAG.ro, a top ten computer and electronics retailer on Romania’s e-commerce market, posted 15% growth in revenue to EUR21 m...
H&M Becomes First Fashion Retailer with RON1B Sales
The sales of Swedish-held retailer H&M went up 12% to more than 1 billion lei (EUR220 million) last year over 2017, which makes it the first retailer to overshoot this mark. Data about Zara...