Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March,
Romanian mobile accessories retailer Contakt has announced plans to expand its national network and venture into CEE markets in a bid to grow the business.
Hagag Development Europe has announced the acquisition of 50% of a multifunctional building near Herăstrău Park, as part of a partnership with Niro Investment Group.
Penny Romania announced its expansion plans, targeting 1,000 stores and a total investment of €3 billion over the next decade.
Shopping centres in Romania are ahead of many European markets in providing entertainment options, establishing themselves as key leisure destinations, according to a recent analysis by Nhood Romania.
Cross-border ecommerce transactions in CEE have seen a significant surge, climbing by 15% to reach €24 billion in 2024 compared to 2023.
The European luxury retail market experienced more moderate growth in 2024, following the significant advances in the post-pandemic period. Within this context, Romania stands out as a market with significant development potential in this segment, although the availability of suitable retail spaces presents a challenge, according to a Cushman & Wakefield report.
Romanian DIY retailer Dedeman, is set to further extend its national presence with the acquisition of approximately 6 ha of land near Vama Giurgiu, on the border with Bulgaria.
Romanian developer Iulius will start this month a remodelling of its mixed-use project Palas Iași, based on a concept by architecture firm Foster + Partners.
Romanian textiles maker Brainconf is looking to start an urban reconversion project on a land plot it owns in Brăila.
Prime Kapital Development and MAS PLC are preparing to open their new Mall Moldova project in Iași next month.
Pepco Romania retailer has announced the appointment of Raul Ciungu Iordate as the new Head of Operations.
The average shopping cart value for fast-moving consumer goods (FMCG) in Romania increased by approximately 9% in 2023 compared to 2022
Hagag Development Europe is preparing to reopen the Știrbei Palace on Calea Victoriei, in H2 2025, as a luxury department store.
Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.
Italian real estate group IGD has announced the sale of its Winmarkt Someș shopping center in Cluj-Napoca to a private Romanian investor for €8.3 million.
In 2025, deliveries of over 200,000 sqm of new retail space are expected in Romania, of which almost half will be shopping malls, according to a report by Colliers Romania.
Imersia Multichannel Agency offers integrated distribution and trade marketing services to fast-moving consumer goods (FMCG) companies.
Romanian developer One United Properties, specialized in office and premium residential projects, is looking to build a portfolio in the retail segment.
Commercial real estate investments in Romania reached €750 million in 2024, marking a 58% increase compared to the previous year, though slightly below the €800 million annual average recorded over the past decade, according to a Colliers report.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March,
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,