ADVERTISEMENT

Bucharest 7th on top list of expanding retailers

Awards

Romanian capital Bucharest is ranked 7th in the top preferences of large retailers looking expand in the next five years, according to an international study.

Bucharest climbed in this way two slots compared with late 2006, said the news agency citing the study “International Retailer'sSurvey” conducted by the real estate consultancy company Cushman &Wakefield, in association with the ICSC (International Council of Shopping Centers) and Real Estate Publishers.

The international study was conducted on a sample of 250 retailers from 23 countries, including Romania. There are to be opened 100 new shopping centers in Romania in the next five years, according to retailers.

Following are the cities retailers prefer most to extend to in the next five years: Moscow, St. Petersburg, Prague, Bratislava,Ljubljana, Sofia, Bucharest, Budapest, Talin, Amsterdam, Kiev,Berlin, Warsaw, Zagreb, Copenhagen, Riga, Vilnius, Stockholm,Split, Paris, Geneva. (Xinhua)

ADVERTISEMENT

Consumer, business confidence reach 2-year high - GKI Analysis

Consumer, business confidence reach 2-year high - GKI

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.