Economy | 22 August, 2025 at 12:50 PM
Romanian wholesale trade declines in H1 2025
The wholesale trade sector experienced an overall decline in H1 2025 compared to the same period in 2024.
The wholesale trade sector experienced an overall decline in H1 2025 compared to the same period in 2024.
Primark, the international fashion retailer, will open its fourth local store on September 9, located in CPI Romania's VIVO! Cluj-Napoca project.
Nepi Rockcastle, Europe's third-largest listed retail real estate company by portfolio value, reported a 12.1% year-on-year increase in net operating income (NOI) in the first half of 2025, reaching €307 million. The company's investment property portfolio exceeded €8 billion for the first time in its history, supported by acquisitions completed in 2024 and active asset management. Vacancy remained low at 1.6%.
Erste Group Bank AG has provided a €85.5 million refinancing facility for Argeş Mall in Piteşti, developed by Prime Kapital.
M Core has received approval for the Zonal Urban Plan (PUZ) for a new retail project in Lugoj.
Companies have contracted office spaces for over 7,000 new employees in the first half of 2025, with new demand totaling 64,300 sqm on the Bucharest market, according to a report by Cushman & Wakefield Echinox.
Romania's real estate market has seen sustained demand for office, retail, and industrial spaces with over 150,000 sqm of the total real estate stock occupied during H1 2025, finds a new report by CBRE Romania.
F64, the local retailer specialized in the photo and video equipment market, is expanding its partnership with VTEX to launch a new marketplace and cross-border sales operations.
Local developer Global Vision is taking its first step into the Romanian retail market with the development of Oradea Retail Plaza, a commercial project valued at €10 million.
Romania's retail market recorded over 162,000 sqm of new projects completed nationwide during H1 2025.
M Core is expanding its Romanian portfolio with a new retail development located in Bucharest.
Romania's retail market has consolidated its position as a strategic hub for international brands, attracting over 40 new retailers between 2020 and 2025, according to an analysis by Cushman & Wakefield Echinox.
Square 7, part of M Core, is developing M Park Titan, a new proximity retail project that is slated to open in December 2025.
Elena Oancea, Co-CEO of Goldbach Group, talked to Property Forum about the group's ongoing developments in the retail parks niche, the focus on sustainability in its construction and interior design divisions and its pipeline of photovoltaic projects in Romania.
Kaufland has opened its fourth store in Pitești, expanding its national presence and reaching a network of 193 hypermarkets
Pavăl Holding, the investment vehicle of the Pavăl family and Romania's largest local entrepreneurial group, announced its strategic acquisition of Praktiker Hellas, Greece's leading DIY retail chain owned by Farifax Financial Holdings, for an undisclosed sum.
Yitzhak Hagag, Co-Founder and Chairman of Hagag Development Europe, talked to Property Forum about the company's investment pipeline north of €360 million and its ongoing developments in luxury retail, offices, residential and mixed-use projects.
Carrefour Romania has launched the country's first intelligent shopping cart system, at its Corbeanca hypermarket.
NE Property BV, part of the NEPI Rockcastle Group, has obtained a €190 million sustainability-linked revolving credit facility from a banking consortium in Romania.
Romanians spent approximately €40 billion in large retail chains last year, marking a 7.1% increase compared to 2023, according to research by Cushman & Wakefield Echinox. The result, while a slowdown from the 11.1% increase in 2023, still outpaced inflation.
The Ministry of Finance and the Investment & Development Bank (BID) are accelerating the implementation of economic support measures.
European financial institutions are in the early stages of preparation for the new EU AML/CFT Package, which aims to harmonise anti-financial crime supervision, finds a Deloitte study.
West Group has announced a robust financial performance for the first nine months of the year, reporting a consolidated revenue of over €65 million.
Kaufland Romania is expanding its national presence with the opening of a new hypermarket in Aiud, Alba County.
Grid operator Transelectrica has launched two key investments in Romania's electricity transmission infrastructure.