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Competition Council Backs Loan Refinancing With Different Bank Than The One Granting The Loan
Banks-Insurance

Competition Council Backs Loan Refinancing With Different Bank Than The One Granting The Loan

The Competition Council’s sectorial inquiry into the retail banking services market shows people who wish to refinance loans with different banks than the ones granting the loans face diffic...

Ecaterina Craciun · 08.11.2018 · 14:13 · 1 min
Eurostat: Romania Retail Sales Up 3.1% In September, Way Below Level In Spring
Retail&Consumer

Eurostat: Romania Retail Sales Up 3.1% In September, Way Below Level In Spring

Sales in the Romanian retail sector rose by 3.1% in September 2018, compared with the same period a year ago, after an increase of just 1.8% in August and of 4.6% in July, data from Eurostat...

Ecaterina Craciun · 07.11.2018 · 19:31 · 1 min
German Fashion Retailer Kik Opens Third Store in Romania, Seeks Further Expansion
Retail&Consumer

German Fashion Retailer Kik Opens Third Store in Romania, Seeks Further Expansion

KiK, one of Germany’s largest discount clothing retailers, has opened its third store in Romania, in Uvertura Mall in Botosani, in a EUR200,000 investment, and seeks to expand to cities with...

Oana Gavrila · 07.11.2018 · 11:37 · 1 min
Narcoffee Roasters Expands With Two Units In Bucharest Following EUR150,000 Investment
Companies

Narcoffee Roasters Expands With Two Units In Bucharest Following EUR150,000 Investment

Narcoffee Roasters, the special coffee shop chain launched in Cluj-Napoca by entrepreneurs Marcelus Suciu and Dan Isai, has opened two units in capital Bucharest, following a total investmen...

Ecaterina Craciun · 06.11.2018 · 16:32 · 1 min
Polish Fashion Retailer LPP Opens First Reserved Store In Craiova
Companies

Polish Fashion Retailer LPP Opens First Reserved Store In Craiova

Polish-held fashion retailer LPP, which operates the brands Reserved, Sinsay, Mohito, Cropp and House on the Romanian market, has recently opened the first Reserved store in Craiova, within...

Ecaterina Craciun · 05.11.2018 · 20:32 · 1 min
PayU Romania Expects Black Friday To Boost Value Of Online Transactions By 30%
Retail&Consumer

PayU Romania Expects Black Friday To Boost Value Of Online Transactions By 30%

This year’s edition of the Black Friday campaign will boost by 30% the value of online transactions, compared with last year, to over RON243 million, according to estimates by online payment...

Ecaterina Craciun · 05.11.2018 · 17:57 · 1 min
Starbucks Opens Its Third Coffee Shop In Bucharest’s Unirii Square Area
Companies

Starbucks Opens Its Third Coffee Shop In Bucharest’s Unirii Square Area

US-held coffeehouse chain Starbucks, which has been operating in Romania since 2007, has opened its 44th unit in Romania, on the ground floor of Day Tower building on Unirii Boulevard, reach...

Ecaterina Craciun · 02.11.2018 · 13:17 · 1 min
Samsung: Local TV Market To Go Up To Over 1.7M Units In 2018
Technology &Telecoms

Samsung: Local TV Market To Go Up To Over 1.7M Units In 2018

Romania’s TV set market will overshoot the 1.7 million unit mark this year, up from the 1.5 million-unit sales of 2017, following an about 16% rise in January-September sales and considering...

Loredana Frățilă-Cristescu · 02.11.2018 · 11:04 · 1 min
Survey: One In Two Romanians Shops Online At Least Once A Week
Retail&Consumer

Survey: One In Two Romanians Shops Online At Least Once A Week

One in two Romanians shops online at least once a month and men are a little more active than women, as per “Digital ®Evolution: Connected Consumer Monitor” survey conducted by Exact Busines...

Ecaterina Craciun · 01.11.2018 · 14:29 · 1 min