Retail&Consumer
French Furniture Retailer BUT May Open Its First Store In Romania
France’s largest furniture retailer BUT might open its first store in Romania, in shopping center Grand Arena in southern Bucharest, by the end of September.
CBRE Sees Commercial Property Deals In Romania Stable At EUR200M In 2013
The value of commercial property transactions in Romania, including office, retail and industrial space, might hit EUR200 million in 2013, similar to that in 2012, with focus mainly on offic...
Metro Cash&Carry Has 700 Contracts Signed For LaDoiPasi Stores
Metro Cash&Carry, one of the largest companies in local modern retail, has signed more than 700 contracts with franchisees for opening traditional stores branded as LaDoiPasi (very close to...
Ten Second Tier Fashion Retailers See EUR60M Sales From Over 100 Stores
Although international giants like Inditex (Zara), H&M and C&A dominate the Romanian fashion retail, some second tier foreign brands have developed on this market, too.
AFI Europe Wants To Refinance Loan Taken Out To Develop AFI Palace Cotroceni
Israeli real estate developer AFI Europe is in negotiations with several banks to refinance a loan worth EUR234 million taken out in 2007 from Hypo Real Estate Bank to develop shopping cente...
GfK: Seven In Ten Romanians Use The Internet For Purchase Decisions
Seven in ten Romanians say the Internet has become a highly useful means of collecting product information before making purchase decisions, according to a survey by market research company...
Dedeman To Open EUR14M Store In Pitesti Friday
Romanian do-it-yourself retailer Dedeman, owned by Dragos and Adrian Paval, will open a store in the southern city of Pitesti Friday, following an investment worth EUR14 million, and will ex...
Gica Popescu’s Shopping Complex Goes Insolvent, Closes Down
Shopping complex Doldora Bazaar in southwestern Bucharest, developed by former footballer Gica Popescu and two business partners, went insolvent and has recently closed after reality proved...
Romanian Wineries Seen To Make 50% More Wine This Year
Romanian wineries will be making about 50% more wine this year than in 2012, or 5.5 million hectoliters (550 million liters), because of the good weather, ZF has estimated based on the infor...