Retail&Consumer
Developer Nova Imobiliare Starts Works on Colosseum Mall in Bucharest
Real estate developer Nova Imobiliare, which developed Colosseum Retail Park in north-western Bucharest, has started construction works on shopping center Colosseum Mall, a EUR30 million inv...
2018 in Review: Modern Retail
Modern retail in Romania is an about EUR12 billion market with more than 2,500 stores, dominated by ten international actors. The sector saw a number of executive changes, expansion by sever...
Portugal’s Sonae Sierra Becomes Sole Owner Of ParkLake Shopping Mall
Portuguese real estate developer Sonae Sierra has bought 50% of the participation held by Irish company Caelum Development in Bucharest-based retail project ParkLake, thus becoming the sole...
Toy Retailer Jumbo Headed to 1,000 Employees
Greek-held toy retailer Jumbo has grown to more than 900 employees in Romania in the first half of 2018, according to publicly available data, as a result of its expansion the past two years...
Eurostat: Number Of Air Passengers Carried In 2017 Grew 18% In Romania
The number of air passengers carried in 2017 grew by 18% in Romania, placing the country third in Europe, according to data provided by Eurostat, the statistical office of the European Union...
Sportisimo To Open Store Within Shopping Center Botosani, Reaching 16 Units In Romania
Czech sporting goods retailer Sportisimo, which has been operating on the local market for three years, will be opening a store within Shopping Center in Botosani until the end of 2018, reac...
GfK Romania: Consumer Goods Sector Grows 6.4% in Jan-Sept
Romania’s fast moving consumer goods (FMCG) sector grew an annual 6.4% in January-September, mainly due to higher prices considering consumers have nor migrated to higher prices ranges as in...
NEPI Rockcastle Opens EUR40M Shopping Center In Satu Mare
NEPI Rockcastle, the largest player on the local real estate market and the largest shopping mall owner in Romania, on Wednesday inaugurated the Shopping City retail center in Satu Mare (nor...
Sporting Goods Retailer Hervis Plans to Add 4 Stores in December and 10 in 2019
Sporting goods retailer Hervis, which entered Romania in 2007, will end the year with 30 stores after having opened four in December alone. Moreover, the company will continue fast-paced exp...