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Tag Archives: retail

In Romania, retail grows above the European average, study shows

The latest forecasts for 2016 show that there is a positive trend for the consolidation of the retail business in the markets of the European Union, mainly in Romania where the growth is estimated at 7 percent, according to a ...

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Competition Council analyses Billa Romania takeover

The Competition Council analyses the economic concentration by which the Carrefour group takes control of the Billa stores, the retail operations in Romania of the Rewe Group, the authority has announced on Wednesday. The German Rewe Group will maintain its ...

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Foreign companies in Romania complain of frequent change of legislation. Find out the other most pressing challenges…

The three major challenges faced by foreign companies present on the Romanian market are the frequent changes of legislation (54 percent), obtaining the appropriate level of support from the authorities (51 percent), and the implementation of legislative requirements (49 percent), ...

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EUR 703 per employee, the absenteeism cost in Romania, PwC study shows

Last year, the employee absenteeism rate in Romania, reflecting the percentage of days of absence out of the total working days in a year, reached to 2.2 percent, a slight decrease to the 2014 rate of 2.4 percent, the PwC ...

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External recruitment rate on domestic market, on the rise in all sectors, PwC shows

The Romanian market had an external recruitment rate of 13.5 percent, a 13 percentage increase to last year’s rate (which was 11.9 percent), according to the PwC Saratoga 2015 benchmark analytics of human capital effectiveness released on Monday. The majority ...

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Industry, retail trade and services, upward trend in the next three months – INS says

Company managers in Romania anticipate for the next three months a growth trend of the industrial activity, in retail and services and relative stability in the construction activity, data revealed on Friday by the National Statistics Institute (INS) reveal. According ...

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Auto trade up by 7.8 pc, services for the population up by 4.1 pc in H1

The turnover of trade with motor vehicles and motorcycles increased by 7.8% in H1, as gross series against the same period last year and by 8.4% as adjusted series, while the volume of business and the services provided to the ...

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Romania – highest increase in retail trade in the EU in June

The volume of retail trade in Romania increased by 1.7% in June as compared to the previous month, the most significant advance registered in the European Union, according to data released on Wednesday by the European Statistics Office (Eurostat). In ...

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MOL Romania sales grew by 7 pc in Q1 2015

The total fuel sales (in volume, including LPG and lubricants) of MOL Romania increased by 7 percent in the first quarter of 2015 up to 121 kilotonnes (kt), comparing to 113 kt in the first three months of the previous ...

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Two malls in the province valued at just EUR 8.5 M

GTC’s assets in Romania, namely City Gate office complex and shopping centers Galleria in Arad and Piatra Neamt were significantly devalued. Thus, the two malls in the province are now worth only EUR 8.5 million, compared to over EUR 35.1 ...

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