Retail&Consumer
Romania Likely To Become Home Appliances Production Hub
Romania may become production hub for home appliances in the coming years, as several large producers have voiced their interest in expanding existing plants or opening new units. The cheap...
Mega Image To Continue Expansion In Capital City Bucharest
Mega Image, part of Belgian retail group Delhaize, will continue its expansion in capital city Bucharest where it plans to build a new logistics center meant to support its expansion plans,...
Immofinanz Puts Its 300-Ha Lands In Romania Under Scrutiny In View Of Further Developments
Austrian group Immofinanz, one of the largest property investors on the Romanian market, has started to analyze the 300 hectares of land it owns in Romania, including through real estate dev...
German Fashion Retailer New Yorker Opens New Store In Romania
German fashion retailer New Yorker will open a new store in Romania Thursday, in shopping center Galati Shopping City.
Nissen, Sonae Sierra: I’m More Relaxed Now As I Can Smell Concrete
Portugal’s Sonae Sierra group, which, together with Irish-held Caelum Development, in early January started construction works for ParkLake Plaza mall of Titan, is in talks with several fore...
Romania's Furniture Exports Up 17% In 2013
Furniture exports reached EUR1.7 billion last year, up 17% on 2012, a surprising performance unparalleled in the last five years, according to data provided by Romanian Furniture Manufacture...
Beer Consumption In Romania Down 10% In 2013
Beer consumption in Romania fell 10% on the year to 16.3 million hectoliters in 2013, according to the Romanian Brewers Association.
DIY Retailer Obi To Leave Romania - Sources
German DIY retailer Obi is preparing a withdrawal from the Romanian market this year after registering losses each year starting 2008, when it opened its first Romanian store, people close t...
Visa: Romanians Made EUR1B Online Payments In 2013, Two Thirds Of Purchases Abroad
Romanian card owners made online payments of around EUR1 billion last year, of which two thirds were purchases form outside Romania, Catalin Cretu, Visa Europe regional manager for Romania a...