Our latest newsletter can be read & downloaded at http://www.slideshare.net/JackieBP/retail-sector-in-romania-...

From this issue:
- Gold Plaza, an investment of over 97 million EUR, close to completion
- Billa Romania intends to double its expansion pace in 2010
- Carrefour borrowed 100 million EUR from Carrefour Netherlands
- Real,- Romania will finalise investments of 70 million EUR
- Penny Market will invest some 15 million EUR by the end of 2009 to open 12 new stores
- Plus invested some 1.5 million EUR in Cugir
- Furniture sales of IKEA's Romanian supplier start to slip
- The impact of Cotroceni Park over the other malls in Bucharest
- Pic Group closes two hypermarkets
- Praktiker recorded sales of some 187 million EUR in the first nine months of 2009
- Dedeman will invest 15 million EUR in two stores in Craiova and Brasov
- Altex recorded 50% sales decrease
- Kiabi launched its first store in Romania
- Domo registered 20% sales decline
- Mobexpert invested some two million EUR in Iasi
- Smithfield to develop store chain in Romania
- New Yorker will open a new store in Suceava
- NEPI plans to invest 400 - 500 million EUR in Romania in 2010
- BauMax will open two new stores with investments of 20 million EUR
- The retail turnover recorded a decrease by 12.2% in August 2009
- The sales of laptops in Romania are estimated at 300,000 units in 2009
- Cotroceni Park estimates total rental incomes of 30 million EUR per year
- Turnover evolution of selected discount retail chains in Romania
o Penny Market
o Plus Discount
o Profi Romania
o MiniMax Discount

Hope that you will find this useful.

Jackie Bojor
FRD Center Market Entry Services Romania - www.market-entry.ro