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Bucharest Office Market Could See Record Year in 2019
Real Estate

Bucharest Office Market Could See Record Year in 2019

The modern office stock market in Bucharest could have a record year in 2019 in terms of deliveries, with over 300,000 square meters expected if all announced projects are completed in time.

Oana Gavrila · 01.11.2019 · 13:37 · 2 min
Alpha Bank: Over 75% of Romanians' Wealth is in Housing
Analysis

Alpha Bank: Over 75% of Romanians' Wealth is in Housing

The wealth of Romanian households is 2.3 times higher than the country's gross domestic product and 76.4% of the population's wealth is in housing, according to an analysis by Alpha Bank rel...

Oana Gavrila · 31.10.2019 · 15:37 · 1 min
PwC Romania: Net Salaries in Advertising Grow 3% on Average in 2019
Media

PwC Romania: Net Salaries in Advertising Grow 3% on Average in 2019

Net salaries in the Romanian advertising industry grew by 3% on average since the beginning of 2019, compared with 2018, according to a survey by PwC Romania ordered by the Union of Advertis...

Oana Gavrila · 29.10.2019 · 15:54 · 1 min
Romanian Consumers Spend EUR18 per Pair of Footwear on Average, Half As Much As Germans
Analysis

Romanian Consumers Spend EUR18 per Pair of Footwear on Average, Half As Much As Germans

Romanians spend EUR1.2 billion footwear a year, buying 67.7 million pairs. A consumer buys 3.5 pairs a year on average and spends EUR18 on each, ZF has calculated based on the data supplied...

Loredana Frățilă-Cristescu · 29.10.2019 · 09:00 · 1 min
Eurostat: Industry Was Romania's Largest Economic Activity in 2018
Analysis

Eurostat: Industry Was Romania's Largest Economic Activity in 2018

Industry was still the largest economic activity in the European Union (EU) in 2018 in terms of output generated, accounting for 19.1% of EU total gross value added (GVA), Eurostat data show...

Oana Gavrila · 28.10.2019 · 12:35 · 1 min
Top 20 Private Hospital Operators Account for Almost Half of Private Market
Health

Top 20 Private Hospital Operators Account for Almost Half of Private Market

The top 20 private healthcare operators have more than 3,400 beds in their hospitals, almost half of the entire private healthcare market, the data the Health Ministry supplied to ZF show.

Loredana Frățilă-Cristescu · 28.10.2019 · 00:00 · 1 min
Survey: Romanian CEOs Say Lowering Labor Taxes Would Improve Business
Analysis

Survey: Romanian CEOs Say Lowering Labor Taxes Would Improve Business

Romanian CEOs say the number one measure that would improve the business environment in Romania would be lowering labor taxes (84%), followed by the control and limitation of tax evasion (72...

Oana Gavrila · 24.10.2019 · 12:47 · 2 min
Romania Ranks 55th in World Bank Doing Business 2020 Report
Analysis

Romania Ranks 55th in World Bank Doing Business 2020 Report

Romania dropped to the 55th spot, with a score of 73.3, in the World Bank's Doing Business 2020 report released Thursday, which which the business environment in 190 countries.

Oana Gavrila · 24.10.2019 · 12:17 · 2 min
CFA Analysts See Leu Falling to 4.48 vs Euro in Next 12 Months
Analysis

CFA Analysts See Leu Falling to 4.48 vs Euro in Next 12 Months

The Romanian leu is expected depreciate to an average of RON4.84 to the euro in the next 12 months, while the annual inflation rate is seen at 3.82% in October 2020, CFA Romania said Thursda...

Oana Gavrila · 24.10.2019 · 10:54 · 1 min