Retail&Consumer
Auchan Romania Opens Second Rebranded Real Hypermarket Friday
Retailer Auchan Romania will open Friday in central city of Brasov the second Real hypermarket rebranded to Auchan, of the 20 Real hypermarkets it bought from German group Metro.
Billa Romania Expects Slight Turnover Increase In 2013
Billa Romania, part of German group Rewe, expects its turnover to increase marginally in 2013 as consumption stagnated, Sorana Georgia, the general manager of the retailer, told Mediafax Thu...
Antitrust Body: Sales Of Private Label Products Rose Over 30% In 2012
Sales of private label products increased by 34% on the year in 2012 on the food segment and by 36% on the non-food segment, according to a report by Romania’s Competition Council released T...
Romanian Retail Sector Development Hampered By Macroeconomic Situation - Survey
The development of the Romanian retail sector has been cramped by the country’s macroeconomic situation, and household consumption declined in 2012 as the country’s gross domestic product in...
H&M Romania Opens Its First Store Outside A Shopping Center, In Downtown Bucharest
Swedish fashion retailer H&M opens Thursday its first store in Romania outside of a shopping center, on Lipscani street, in downtown Bucharest, reaching 28 stores countrywide.
Cold Cuts About 40% More Expensive In Romania In 2012 - Survey
Cold cuts were 38.3% more expensive in Romania in 2012 compared with the previous year, the highest basic foodstuff price increase seen last year, according to a report by the country’s Comp...
Romanian Stores Sold Fewer Romanian Food Products Than Imported Ones In 2009-2012
The share of Romanian basic food products in total sales in stores decreased across the board between 2009 and 2012, except for pork, and the biggest rises in imports were posted by milk and...
EXCLUSIVE: Romania Raises Excises By Nearly 5% In 2014, Expects Additional RON3.4B Revenue
Romania will raise excise duties for next year by 4.77%, the average annual inflation rate calculated in September, and the Government expects the measure will reign in additional revenue of...
Government Removes Over EUR600M From Economy Through New Taxes On Fuel And On Companies’ Assets
Analysts say the new taxes to be levied as of 2014 will indirectly also affect the population, leaving less money in Romanians’ pockets for consumption.