The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Wednesday, 21 December 2016

The Development of the Food Retail Sector in Romania

The retail sales of food, beverages and tobacco in Romania have increased by 16.5% in gross series in the first ten months of 2016 compared to the first ten months of 2015, according to the Romanian National Institute of Statistics.

Romania is the most dynamic large market in the EU, with a population of almost 20 million inhabitants and a y-t-y GDP growth estimated at 5.2% in 2016.

FDI - foreign direct investment - in Romania has reached 3.736 billion EUR in the first 10 months of 2016, up by 9% compared to the similar period of 2015, according to FRD Center analysis based on official provisional and revised data from National Bank of Romania.

The development of the retail sector in Romania benefits from the sustained economic growth in the period 2012-2016 as well as increasing purchasing power of the Romanian consumer.

By the number of stores opened in Romania, Profi was the leader in 2015, with 92 stores opened, and also continues to be the leader in 2016, having opened in the first 10 months of the year 104 stores.

Mega Image, the second most aggressive expanding retail network in Romania, has opened in 2015 some 61 new stores, while in the first 10 months of 2016 has slowed down the openings pace to only 31 stores
.

With the increasing purchasing power in the current period and the consumption growth registered in Romania, it is expected to be seen an increase in the purchase of all the above types of products, with a preference for gourmet and speciality ones.

Are you interested in more details about the opportunities presented by the Food Retail Sector in Romania? To export your products? To collaborate with a local importer-distributor? To acquire a local company or to expand your operations?

Perhaps we can collaborate.

We, at FRD Center, are constantly monitoring various sectors and analysing certain potential opportunities for investors, for exporters and for those looking to source from Romanian manufacturers.

What opportunity is interesting for you? How can we be of assistance to you?

For tailor-made sector data and B2B matchmaking with players in the Emerging Markets in Europe, feel free to contact the FRD Center team at:
email: europa@frdcenter.ro or tel: +4021 411 1459/60/61

FRD Center provides market research in Eastern Europe and the region, B2B matchmaking in the CE Europe and SEE, M&A assistance in Romania, in CEE and SEE, in the Emerging Markets in Europe.

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