Private Label Continues Penetration in Romania
Euromonitor International
Despite the fact that the average wages in Romania are still notably smaller than in developed countries, private label’s penetration in Home Care and Tissue and Hygiene industries remains significantly low. This could be mainly explained by…
The Romanian Retailing Rollercoaster Reached A New Peak In 2016 And The Ride Goes On
Cosmin Dan
The beginning of 2017 marked 10 years of Romania’s membership in the European Union. It is a perfect moment to look back and draw conclusions. Between 2006 and 2016, the retailing industry in Romania was on an economic roller coaster ride. It went…
Romania: One of the Fastest Growing Economies in the EU in 2016
Roshni Wani Thapa
Romania has continued to be one of the best performing economies in Europe. After gains of 3.8% in 2015, real GDP growth is expected to further accelerate, reaching 4.7% in 2016, making Romania the fastest growing nation in the European Union (EU)…
Cum a reusit piata de retail din Romania sa atinga cresterea record din 2016?
Cosmin Dan
Piata de retail din Romania a inregistrat o crestere valorica de 12% (current terms) in anul 2016, fiind cea mai dinamica nu doar in Europa de Est, dar in Europa per ansamblu. Cosmin Dan, research analyst, explica motivele acestei cresteri…
Romania's Retailing Industry Reaches Record Growth in 2016
Cosmin Dan
Romanian retailing showed a 12% growth in current value terms in 2016, becoming the top performer not only in Eastern Europe but in Europe overall. Research analyst Cosmin Dan explains the impressive growth as well as a forecast for Romanian…
Euromonitor to Speak at retailArena 2016: Go (g)Local
Cosmin Dan
Event: retailArena 2016: Go (g)Local Location: Bucharest, Romania Date: 26th - 27th Oct. 2016 Event Description: The retailArena 2016: Go (g)Local will be held on 26th – 27th of October in Sheraton Bucharest, Romania. The event will bring forward the…
Go Big or Go Home! H&M Conquers Romania with Double-Digit Growth Rates
Euromonitor International
Just after H&M entered the apparel market in Romania, its strategy of wanting to become the biggest dog in the fight became blatantly apparent. The Swedish retailer entered Romania in 2011, ending its first year as the fifth largest brand, only…
Will the Effects of the General VAT Reduction in Romania Meet Sales Growth Expectations?
Cosmin Dan
One of the biggest retailing events in 2015 in Romania was the new, differentiated VAT rate for food products and non-alcoholic drinks, reduced from 24% to 9%, effective from 1 June. Together with other fiscal changes, the first day of 2016 also…
Impactul Reducerii TVA pentru Produse Alimentare si Bauturi Non-Alcoolice in Romania
Euromonitor International
[embed]http://traffic.libsyn.com/euromonitor/VAT-Tax-Romania-RO-Euromonitor.mp3[/embed] Incepand cu 1 iunie 2015, valoarea TVA a fost redusa in Romania de la 24% la 9% pentru toate produsele alimentare, bauturile non-alcoolice, serviciile de…