Companies / Romania
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Foreign Retailers On Expansion Spree
February 2007 | Company News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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It looks as though 2007 will be a year of explosive growth for Romania's mass grocery retail (MGR) sector, as many of the major international players present in the market have announced a spree of expansions. Romania's MGR sector has been one of the most dynamic in the Central and Eastern Europe (CEE) region in the last two to three years, and in terms of market entry and expansion, momentum has only picked up following the country's EU accession in January. We believe that if economic growth stays on track, the retail sector will continue to expand rapidly over the