Analysis
Discount Retailers Doubled Market Share in Romania in 2011-2018
Discount store chains increased their market share to about 9% by the end of last year, from only 5.2% seven years earlier. The local market, along with Poland, saw the highest growth rate i...
International Hotel Chains Have Added Over 600 Rooms in Romania in Past Two Years
The biggest international hotel brands have more than 8,600 rooms in Romania, with more than 600 rooms becoming available in the last two years up to October 2019, ZF has found from market d...
KeysFin: Software Development Turnover Tops EUR6B in Romania in 2019
The software industry remains a key sector for the Romanian economy, with a total turnover of approximately EUR6.2 billion in 2019, according to study by KeysFin released Friday.
EC Autumn Forecast Sees Romania's Budget Deficit at 6.1% in 2021
The European Commission sees Romania's budget deficit at 3.6% of GDP this year, growing to 4.4% in 2020 and 6.1% in 2021, according to its Autumn 2019 Economic Forecast released Thursday.
Top Ten Sporting Goods Retailers in Romania Saw 2% to 67% Growth in Sales in 2018
Romanians spend more than EUR600 milion on bicycles, fitness equipment, and sports gear every year, with the money going to either specialist single or multi-brand stores, hypermarket chains...
Only 10 of World’s 100 Most Powerful Franchises Present in Romania
Only 10 of the 100 most powerful franchises worldwide are present in Romania, and almost all of them operate in one sector, the hotel and catering industry. More precisely, fast-food chains,...
Survey: Two in Three Romanians Willing to Learn New Skills for Completely Different Jobs
Two our of three Romanians (66.8%) are willing to learn new skills for a completely different job and seven out of ten devote significant time to refining their skills, a survey showed Tuesd...
Analgesics Sales up 8% to RON658M in Romania in 2019
Sales of painkillers rose by 11% in Romania in 2018 and are to increase by a further 8% to 658 million lei ($153 million) in 2019, according to market research company Euromonitor Internatio...
Retailers Halved Headcount per 100 Sqm in 2008-2018
The major retail chains have improved efficiency of their operations over the past decade so the average number of employees per 100 square meters of modern retail space dropped to 2.6 last...