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Romanian retail to grow by over 60% in ten years, report says
23.03.2011, 23:47 | Business | 907 views
Romania is the European market with the highest retail market growth in the last ten years, by 123% between 2000 and 2010, with consultants saying the market's potential continues to be one of the biggest, comparable only to that of Bulgaria, Poland and the Baltic states (Estonia, Latvia and Lithuania). The value of the retail market in Romania, estimated at 22 billion euros in 2010, will increase by 62% over the next ten years, while in countries such as Portugal, Spain, Italy and Greece, the rise will only amount to around 10%, according to a study of Oxford Economics quoted in a report of real estate consultancy King Sturge. Read more on ZF.ro
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