Retail&Consumer
Pop-Up Stores Become Increasingly Appealing To Retailers In Romania
Pop-up stores are becoming increasingly common among retailers, which have started exploring this new niche to promote products or concepts in Romania. Although rent is often higher than it...
Eurostat: Romania Sees Highest Increases In Total Retail Trade Volume In April 2018
Romania registered the biggest yearly increases in the total retail trade volume (an indicator of household consumption) in April 2018, compared with April 2017, followed by Poland and Lithu...
eMag 2017 Net Loss Widens 30% On Year To RON111.3M
eMag, a company controlled by South Africa’s Naspers giant and by Romanian entrepreneur Iulian Stanciu, registered a net loss of RON111.3 million (EUR24.4 million) in 2017, up 30% against th...
Nova Imobiliare Unveils EUR30M Investments In Colosseum Mall Project
Nova Imobiliare, which developed Colosseum Retail Park in north-western Bucharest, on Tuesday said it will invest EUR30 million in the Colosseum Mall project and in expanding the existing re...
eMAG Overtakes Altex By Revenue
Dante International, the company behind the largest online store in Romania, eMAG, posted 3.309 billion lei (EUR712 million) revenue in 2017, beating its biggest rival, computer and electron...
Lidl Sales Up 17% In 2017
German-held discount store chain Lidl, the third leading retailer in Romania by sales value, posted growth of 17% in revenue to 6.51 billion lei (EUR1.4 billion) in 2017, while profit rose t...
Eurostat: Romania Ranks Third In The EU By Cigarette Production
Romania ranks third among European Union Member States regarding cigarette production, with 15% of the EU total. Germany holds the top spot with 32% of the EU total and Poland ranks second w...
McDonald’s Reaches 72 Restaurants In Romania After RON2.6M Investment In New Unit In Ploiesti
Fast-food restaurant chain McDonald’s Romania, the biggest player on the local restaurant market, held by Malta’s Premier Capital, has opened its fourth restaurant in Ploiesti and its 72nd u...
Romania’s Toy Market Expected To Exceed RON1B Mark In 2018
Romania’s toy market is likely the exceed the threshold of RON1 billion in 2018, due to increased supply, a higher number of stores and customers’ increased purchasing power, according to a...