Retail&Consumer
Bucharest’s Two Fashion House Outlet Centers Report Total Sales Of Over EUR40M For 2022
The two Fashion House outlet centers in Bucharest’s Militari and Pallady areas had total sales of over EUR40 million in 2022, seeing increases of 34% and 19%, respectively, as per data provi...
Color Smart: Luxury Interior Design Market Seen Growing 35%-40% In 2023
Color Smart, sole importer and distributor in Romania and the Republic of Moldova of premium and premium plus brands Novacolor, Color Smart and Pittsburgh Paints, expects a 35%-40% increase...
Profi And Auchan Team Up For Joint Talks With Large Suppliers To Ensure Better Prices For Customers
Modern retail chains Profi and Auchan have recently concluded a partnership for joint negotiations with large suppliers for the purpose of improving the bargaining power of the two chains "t...
JYSK Seeks To Open At Least 15 Stores In Romania In 2023
Scandinavian furniture and home products retailer JYSK continues its expansion in Romania as it plans to open at least 15 new stores and to also refurbish at least 13 older units in 2023.
Online Fashion Retailer Answear Expects 20% Growth in Sales in 2023
Polish-held online retailer Answear, which has a presence in Romania since 2015, aims to increase local sales by 20% this year compared with 2022, when its biggest growth, 40% was recorded i...
eMAG Challenges Banks
eMAG, the largest online retailer in Romania, plans to raise the credit limit for its registered customers and increase the number of installments in which they can repay their loans, a move...
Study: Romanian Consumers Made EUR457M Worth Of Purchases In Supermarkets In 2022 Via Revolut Cards
Romanian consumers made purchases worth EUR457 million in supermarkets and other grocery stores through Revolut cards in 2022, according to a survey by Revolut.
Association: Romania's Furniture Industry Sees 2% Drop In Production YoY In Jan-Oct 2022
The furniture industry, one of Romania’s main export sectors, saw a 2% decline in production in the first ten months of 2022 as compared to the same period of 2021, amid price increases and...
Traffic On Romania’s Airports Surges 87.53% To 21M Passengers In 2022 Vs 2021, Nearly Triples Vs 2020
Romania’s airports reported a total 21 million passengers for 2022, 87.53% more than in 2021 and almost threefold more than in 2020, in line with data from the Romanian Airports Association,...