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Romania Posted Food Trade Surplus In 2013, First Time In 20 Years
Macroeconomics

Romania Posted Food Trade Surplus In 2013, First Time In 20 Years

Romania had a food trade surplus in 2013, for the first time since 1994, of EUR324.9 million, from a deficit of EUR745.5 million in 2012.

Oana Gavrila · 16.03.2014 · 13:26 · 1 min
A Romanian Spends Just EUR6.5/ Month On Clothes And Shoes, Two Times Less Than A Hungarian
Companies

A Romanian Spends Just EUR6.5/ Month On Clothes And Shoes, Two Times Less Than A Hungarian

A Romanian spends EUR6.5 per month on clothes and footwear, almost two times less than a Hungarian and five times less than a Russian. Romania is as a matter of fact the country where the po...

Catalina Apostoiu · 14.03.2014 · 00:00 · 3 min
Romania Still Has Room For At Least Another 1,200 Stores In Modern Retail
Companies

Romania Still Has Room For At Least Another 1,200 Stores In Modern Retail

The average modern retail area per 1,000 inhabitants stands at just 84 square meters in Romania, five times smaller than in Germany and over threefold smaller than in the Czech Republic or P...

Catalina Apostoiu · 14.03.2014 · 00:00 · 2 min
Mega Image Reaches 300 Stores In Romania
Retail&Consumer

Mega Image Reaches 300 Stores In Romania

Mega Image, part of Belgian retail group Delhaize, reached a local network of 300 units, after it opened 5 Shop&Go stores early March and closed another two units.

Gabriela Stan · 13.03.2014 · 17:07 · 1 min
FF Group Romania Invests EUR150,000 In Revamping Nike Store In AFI Cotroceni
Retail&Consumer

FF Group Romania Invests EUR150,000 In Revamping Nike Store In AFI Cotroceni

Elmec Romania, which changed its name to FF Group Romania early 2014, has invested over EUR150,000 in renovating and modernizing the Nike store in shopping center AFI Palace Cotroceni.

Ecaterina Craciun · 13.03.2014 · 14:38 · 1 min
Retail&Consumer

Italian Retailer Yamamay Opens Second Store In Romania

Italian lingerie and swimsuit retailer Yamamay will open its second store in Romania at the end of the week, which is located in shopping center Iulius Mall Timisoara.

Ecaterina Craciun · 13.03.2014 · 13:51 · 1 min
Gap, World’s 3rd Largest Fashion Retailer, Leaves Romania
Companies

Gap, World’s 3rd Largest Fashion Retailer, Leaves Romania

Greek-held Marinopoulos has closed down all Gap stores of Romania. The last to be shut down was the one of Baneasa Shopping City, marking the exit from the Romanian market of the US brand, t...

Catalina Apostoiu · 13.03.2014 · 13:32 · 1 min
Kingfisher Opens First Two Bricostore Units Rebranded As Brico Depot
Retail&Consumer

Kingfisher Opens First Two Bricostore Units Rebranded As Brico Depot

British group Kingfisher opened its first two Bricostore DiY units rebranded as Brico Depot, in the capital city, Bucharest, and plans to complete the rebranding process in two years, the co...

Gabriela Stan · 13.03.2014 · 13:31 · 1 min
Romanian Postal Service Share In GDP, Below EU Average
Retail&Consumer

Romanian Postal Service Share In GDP, Below EU Average

Overall in the European Union, postal services registered a turnover of about EUR90 billion or about 1% of Community Gross Domestic Product in 2012, compared with 0.26% in Romania, according...

Gabriela Stan · 13.03.2014 · 12:10 · 1 min