The top 10 food retailers in Romania hold 63% of the market

A new study conducted by Coface on the sector of “Retail sale in non-specialised stores with food, beverages or tobacco predominating” (NACE 4711) indicates a positive evolution of revenues in 2019, which increased with approximately 10% compared to 2018, with a slightly higher profitability.

The study aggregated the data of 46.571 companies that submitted their financial situation for 2019 (as of September 2020) and generated a consolidated turnover of RON 79.4 billion.

The weight of the cumulative market share held by the most important 10 players is 63%, which indicates a medium to high degree of concentration.

The share in the total turnover of the top 10% companies in the sector remained at a high level (88.6% in 2015, in 2019 reaching the value of 89%).

Thus, the sector is highly polarized, with some large companies generating a high share in the turnover and many small companies contributing less to the total revenues.

About 15% of companies reported a loss of more than -20%, and 9% of companies had a profit of over 20%.

Also, most of the lawsuits are still represented by executions, which increased from 275 in 2018 to 316 in 2019.

According to INSSE data, the social category that allocated the most money on food and beverages in 2019 is represented by employees, with the Bucharest-Ilfov region in first place.

Farmers in the Bucharest-Ilfov region are the largest consumers of such products per month (1,296 RON/month), in contrast to the farmers in the North-East region (422 RON/month).

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