Scandinavian home furnishings retailer JYSK has hit a major objective in Romania with the opening of its 150th local store, in Mamaia Nord, but continues expansion plans to reach 200 units locally.
Romania's Competition Council has approved the transaction through which Antalis SA intends to acquire certain assets of Xerox (Romania) Echipamente si Servicii SA.
Ford Otosan’s Craiova plant is starting deliveries of the first electric cars made in Romania to Ford dealers throughout Europe.
Romania’s ecommerce market reached a new record in 2024, as the total value of the products purchased online stood at EUR7.7 billion, an increase of 8% on 2023, reveals eCommerce Insights 2025 survey by MerchantPro, the local SaaS solutions platform.
The number of housing units completed in Romania in 2024 fell by 15% compared to 2023 to a total of 60,787 units, data from the country’s statistical office INS showed on Wednesday (March 12).
A new private equity fund, Trinity Investments Management, is making inroads into the CEE financial investor market, exclusively targeting food industry companies in the region. The main markets it eyes are Romania and Poland.
In the coming period, EUR450-500 will flow into Romania economy from investment funds. The money has already been earmarked and is set to be invested, says Horia Manda, president of the Romanian Private Equity Association (ROPEA).
Romania sold 67,000 tons of sweet biscuits in retail, worth a total of RON2.5 billion (EUR500 million), Euromonitor International data show.
A total 7,274 new insolvency proceedings were opened in Romania in 2024, 9.38% more than a total 6,650 reported in 2023, as per the latest study conducted by Coface Romania.
ASI Alpaco, the exclusive representative of ASI Group in Europe and the UK, announces the opening of a new manufacturing facility in the region of Bucharest- Ilfov by relocating its production from Belgium to Romania.
Victoria’s Secret is expanding its footprint in Romania with the opening of a new location, within BestValue store of Cluj-Napoca “Avram Iancu” airport, with this being for now the only unit the famous brand has launched in a Romania airport.
Hungary’s AutoWallis Group, based in Budapest, is bringing the first Farizon electric commercial utility vehicles made in China to Romania and therefore becoming the official importer of the brand.
Romania’s e-commerce market continued to grow in 2024, shows an analysis by MerchantPro, the local SaaS solutions platform, based on the data recorded by online stores active in the platform last year and in 2023.
Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue to deteriorate, so annual deficits are forecast to remain high at more than 5% of GDP in 2024-2026. Public debt should exceed 50% during the period, a country risk analysis by Allianz Trade shows.
Liviu Balan, an executive with a more than 20-year local and international experience at Continental, will take over the position of head of country for the automotive business of the group in Romania on March 1, 2025.
Sales of new passenger cars and light commercial vehicles on the Romanian market are expected to go up by 1.1% this year against 2024, with Romania being, together with Slovakia, the only countries of Central Europe due to end 2025 in the black, reveals PwC Autofacts report for Romania, Poland, Czechia, Hungary and Slovakia.
German discounter Lidl, leader of Romania retail by turnover, boasts ambitious expansion plans: 200 new stores in Romania by 2030.
Romania M&A market registered 239 announced deals in 2024, with a total estimated value of EUR5.9 million, reveals a PwC Romania analysis.
Scandinavian home furnishings retailer JYSK continues to expand in Romania and is opening two new stores in the town of Caracal, Olt County, and the town of Targu Frumos (Iasi County), on Feb. 13, thus reaching a 149-unit network in the local market.