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Tag Archives: retail

Romania – fourth retail growth in the EU in January

Romania recorded in January the fourth largest increase in retail sales in the European Union (EU) of 7.3% compared to the same month last year, being surpassed by Luxembourg, Hungary and Poland, according to data presented on Wednesday by Eurostat. ...

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Business trade up by 6.3 pc y.o.y in January

The turnover of retail trade, except for auto sales, fell in January by 24.4% as gross series and climbed 1.6% as adjusted series by number of working days and seasonality, and compared to January 2014 is higher by 6.3% gross ...

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INS: Retail trade – up 7 pc in 2014

The turnover of retail trade increased by 7 percent in 2014 compared to the previous year in unadjusted terms, in the context of the advance recorded by the sales of non-food products by 10.6 percent, the sales of food products, ...

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Staff restructuring continued within the local private sector last year. See in which domains…

The employment contracts’ termination rate in Romania (both voluntary leaves as well as lay-offs) was 16.4 percent last year, according to the PwC Saratoga 2014, 0.2 percent higher than the previous edition. This figure is slightly above the CEE average ...

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PwC: Domestic M&A activity exceeded EUR 1 bn last year, the 3rd largest in CEE

The Romanian market registered mergers and acquisition (M&A) transactions worth around EUR 1.2 billion in 2014, similar to the deal value registered in 2013, according to a PwC Romania analysis. The overall M&A value in Romania was the 3rd largest ...

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Auchan’s acquisition of hypermarkets and shopping centres received Competition Council green light

The Competition Council approved French group Auchan’s takeover of hypermarkets and 12 shopping malls operated by the retailer, which was previously renting for its outlets, a press release informs on Thursday. The transaction, estimated at over EUR 260 million, is ...

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Real estate transactions up four times this year

The value of real estate transactions has increased this year to EUR 1.2 billion, from EUR 300 million in 2013. The retail projects represent 45 percent of the acquisitions, the office acquisitions being of 30 percent, CTZ Echinox informs, estimating ...

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Kaufland Romania opens the largest store of its network

German retailer Kaufland, the number one on the domestic food trade market, opended on Wednesday in Bucharest the biggest store of its network. The unit, located in Brancusi district on Valea Oltului street, is the 10th in the capital and the 101st ...

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