Retail&Consumer
Iulius Mall Suceava Starts EUR40M Expansion Process
Iulius Mall Suceava has begun an expansion process that will result in the largest retail area in the north of Romania, over 60,000 square meters, in an investment estimated at EUR40 million...
Survey: Romanians Spend More Time In Shopping Malls Despite Spending More Time To Get There
Urbanization and the expansion of cities in Romania, through the construction of new housing units, apartment buildings, residential complexes and of new shopping centers in previously under...
Trendyol Gains 500,000 Customers In Eight Months Since Arrival In Romania, Aims For 1M By Yearend
Türkiye-based Trendyol, which created a marketplace platform for fashion and other products that can be sold online, has grown to 500,000 customers and 3 million products sold in Romania in...
IKEA Plans To Open More Stores In Romania
IKEA wants to open more stores in Romania and is looking at several cities and also the possibility of adding more stores in Bucharest, where it already has two, says Jesper Brodin, CEO of I...
Poland’s Froo Opens 20th Franchised Store In Romania
Froo Romania Retail, a company of Poland’s Żabka Group, has opened its 20th franchised store in Romania, on the Iuliu Maniu Boulevard in Bucharest. This is its largest store in the country.
Rituals Arrives In Romania With Its Own Store In September
Fashion and cosmetics are some of the most competitive markets in Romania, with more than 100 foreign and local brands vying over the several billion euros Romanian consumers spend on appare...
EBRD, CEECAT Capital and Morphosis Capital Become Majority Stakeholders in La Cocos, Most Powerful Romanian-Held Food Retailer
The European Bank for Reconstruction and Development (EBRD), CEECAT Capital Fund, a regional private equity fund that works with visionary founders to support businesses growth, and Morphosi...
Competition Council Raises Concerns About Profi Takeover By Rival Retailer Mega Image
Romania’s Competition Council says there are a number of competition-related concerns about the deal whereby Delhaize “The Lion” Nederland B.V. (Mega Image) is buying Profi Rom Food SRL.
Penny Starts Work On Fifth Warehouse In Romania
German-held discounter Penny, which has around 380 stores in Romania, is starting work on its fifth warehouse in the country, near Bucharest, this year.