Retail&Consumer
Romanians Can Buy 28 Food Baskets With Monthly Wage Versus 50 In Poland
The average monthly wage in Romania is twofold lower than in the Czech Republic and Poland and fivefold lower than in Germany; nevertheless, the ratio for food prices is much lower.
SIFI TM Agro Opens Largest Logistics Hub For Agricultural Products In Romania
SIFI TM Agro company is opening the largest logistics hub for agricultural products in Romania, in Carani, near the western city of Timisoara, the company said in a statement Friday.
Ghenea, PC Garage: We’ll Invest Money From eMag In Development Of Distribution Business
The deal whereby eMag, the largest local online retailer held by South Africa’s Naspers group, will take over rival PC Garage and strengthen its leading position on its market is still under...
Inditex Opens First Zara Home Store Outside Bucharest
Spain’s Inditex, which has eight brands in Romania, among which Zara, will open its first Zara Home store outside Bucharest on September 8, in City Park shopping mall in Constanta.
Why ParkLake Runs On Generators: Enel Blames Red Tape, Real Estate Companies Say This Is Not The Only Case
To comply with the deadlines of the major real estate developments, investors have to resort to temporary fixes to compensate for the lack of some utilities, such as electricity or natural g...
Half Of Modern Retail Stores In Romania Operate In Ten Biggest Cities
Modern retail numbers almost 1,800 stores in Romania, half of which located in the country’s ten largest cities, including Bucharest. The
EUR180M ParkLake Mall Runs On Electric Generators
ParkLake, the 70,000 square meter mall in which Portugal’s Sonae Sierra and Ireland’s Caelum Development invested EUR180 million, is running on electric generators because its existing grid...
Kenvelo Mulls Start Of Manufacturing In Romania
The local fashion group comprising the KVL by Kenvelo, Lee Cooper and Timeout brands is considering start of manufacturing in Romania, as most of the products it currently sells are made in...
Il Passo Reaches Eight Stores In Capital Bucharest
Footwear retailer Il Passo, one of the largest footwear and leather accessories retailers in Romania, has opened a new store, in shopping center ParkLake Plaza in capital Bucharest, reaching...