Retail&Consumer
BT: Barometric Indicator For Private Consumption Sped Up To 13.5% In 2016, Best Growth Rate After 2008
The barometric indicator for private consumption accelerated to 13.5% in 2016, seeing the best growth rate after 2008, according to Banca Transilvania chief economist Andrei Radulescu.
Farmacia Tei Owner: We’ll Open New Pharmacy, See More Than EUR54M Sales in 2017
Farmacia Tei, a company held by entrepreneur Roxana Maftei, expects to see more than EUR54 million sales this year and plans to open a new retail pharmacy in the sector six of Bucharest, whi...
Brasov, New Destination For Mall Developers
Brasov has become a new place of interest for retail developers who want to build new malls in the city.
BT: Positive Climate in Private Consumption Sector Expected To Consolidate On Short Term
The volume of retail sales rose 13.5% on the year in 2016, and also saw the best rate since 2008 to date. The evolution was due to an increase in people’s real disposable income, reduced fin...
Increase Of Consumption Boosts Appetite For Business: Number Of Firms In Trade Sector Up 7% In 2016
The retail and wholesale trade, Romania’s biggest „industry” with an annual turnover of nearly RON450 billion (EUR100 billion), registered more than 31,500 new companies in 2016, some 7% mor...
DTZ Echinox: Occupancy Rate Of Bucharest Modern Retail Stock At 96%
The modern retail stock in Bucharest reached 1.225 million sqm at the end of 2016, after the openings of Parklake Plaza and Veranda Shopping Center, thus, the occupancy rate stood at 96%, ac...
McDonald’s Invested RON7M In Developing Coffee Shop Chain McCafé In Romania
Daniel Boaje, general manager of Premier Restaurants, the company operating the McDonald’s franchise on the Romanian market, said the company has invested nearly RON7.5 million to date in de...
Agricola Bacau Group Posted RON677M Turnover In 2016
Agricola International Bacau, one of the biggest poultry meat processors, saw an increase of nearly 6% in turnover on the year in 2016, to RON386.7 million.
Carrefour Extends Shopping Center In Brasov
Property Division, the real-estate division of French retailer Carrefour, will extend shopping center Carrefour Brasov, both in the inside and on the outside.