Analysis
Office Space Stock in Bucharest Up to Over 3 Million Sqm
The stock of modern office space in Bucharest reached about 3.16 million square meters at the end of the first three quarters, 15% more than in the year-ago period, while the overall vacancy...
Romania’s Wine Production Down 4% to 4.9 Million Hectoliters in 2019
Romania made 4.9 million hectoliters of wine this year, 4% fewer than in 2018, the first estimations of the International Organization of Vine and Wine (OIV) show. However, this is the secon...
Ten Most Profitable Banks in Romania Posted RON6.6B Profit in 2018, Triple 2009 Level
The ten most profitable banks in Romania posted 6.64 billion lei (EUR1.39 billion) profit last year, 3.5 times higher than their profit a decade ago, in 2009, Trade Register data supplied to...
Survey: Four in Five Romanians Pay Bills on Time
Payment punctuality among Romanians is on the rise, as 81% of bills are paid on time in 2019, compared with 74% in 2018, according to a Kantar survey presented Tuesday by Georg Kovacs, manag...
Romanian Paints Market Reaches EUR400M
The Romanian paint market is estimated at 320,000 tons and over EUR400 million, half of which is covered by products for the construction industry and the other half is covered by car paints...
Private Labels Lose Ground on Fruit Juice Market in Romania
Consumption of fruit juice and nectars rose almost 5% to 67 milion liters or a little more than 3.5 liters per capita in Romania last year, ZF has found from European Fruit Juice Association...
Romania’s Real Estate Market Has Attracted EUR5B Investments in Past Five Years
Romania’s real estate market has attracted more than EUR5 billion investments in the last five years, EUR1.4 billion of which from South Africa, EUR600 million from Greece and EUR500 million...
Insurers Accepted 88,174 Third-Party Damage Claim Files in 2Q
Romanian insurers accepted 88,174 damage claim files under third-party motor vehicle insurance policies in the second quarter of 2019, 6.15% fewer than in the first quarter, financial watchd...
C&W Echinox: Romanian Restaurant and Coffee Shop Market to Top EUR5B by 2022-2023
The restaurant and coffee shop market (Food & Beverage) in Romania has grown constantly in recent years due to wage and purchasing power growth and higher numbers of foreign visitors and is...