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Industrial and Logistics Stock Doubled in Past 5 Years
Real Estate

Industrial and Logistics Stock Doubled in Past 5 Years

The industrial and logistics property market in Romania is undergoing its best period in history in terms of both supply and demand and modern industrial stock has doubled over the past five...

Oana Gavrila · 16.10.2019 · 13:27 · 2 min
IMF Keeps Forecasts Unchanged for Romania's Economy, Expects Global Downturn
Analysis

IMF Keeps Forecasts Unchanged for Romania's Economy, Expects Global Downturn

The International Monetary Fund has kept its projections for Romania's economy in the World Economic Outlook released Tuesday but lowered its projection for global growth to 3% from a previo...

Oana Gavrila · 15.10.2019 · 17:55 · 1 min
New Car Registrations in Romania Grow 16.37% in Jan-Sept
Automotive

New Car Registrations in Romania Grow 16.37% in Jan-Sept

New car registrations in Romania grew 16.37% on the year in January-September, to 124,049 units, data from the association of automotive manufacturers in Romania (ACAROM) and vehicle registr...

Oana Gavrila · 10.10.2019 · 12:39 · 1 min
Bucharest Ranks Third in Europe By Housing Rent Yields
Real Estate

Bucharest Ranks Third in Europe By Housing Rent Yields

Bucharest ranks third in Europe after Brussels and Sofia by rent yields, according to a study by Imoteca The Residential Experts, which analyzed rent markets in 17 European capitals.

Oana Gavrila · 10.10.2019 · 12:19 · 1 min
World Bank Raises Romania's GDP Growth Forecast to 4.2% in 2019
Analysis

World Bank Raises Romania's GDP Growth Forecast to 4.2% in 2019

The World Bank has raised its economic growth projection for Romania to 4.2% in 2019, from its April forecast of 3.6%, and to 3.6% for 2020, from a previous forecast of 3.3%, according to it...

Oana Gavrila · 09.10.2019 · 17:48 · 3 min
Growth in Housing Prices Slows in September
Real Estate

Growth in Housing Prices Slows in September

Asking prices for housing in Romania grew 0.6% in September compared with August, to an average of EUR1,272/sqm from EUR1,264/sqm, a slowdown from a monthly growth of 1.2% recorded in August...

Oana Gavrila · 08.10.2019 · 11:59 · 1 min
BestJobs Poll: 44% of Romanian Employees Would Switch Jobs for EUR500-1,000 Salary
Analysis

BestJobs Poll: 44% of Romanian Employees Would Switch Jobs for EUR500-1,000 Salary

Employers are facing a labor market where employees seek bigger salaries and many employees would quit their current job immediately if they were offered a higher salary elsewhere, a poll by...

Oana Gavrila · 08.10.2019 · 09:29 · 1 min
Analysis

Romania Private Pension Funds Had Assets of RON57.43B in 1H/2019

The assets managed by private pension funds (Pillar II and Pillar III) reached RON57.43 billion (EUR12.13 billion) in the first half of 2019, from RON45.6 billion in the first half of 2018,...

Oana Gavrila · 07.10.2019 · 11:26 · 1 min
KeysFin: Top German Companies in Romania Dominated by Retailers
Analysis

KeysFin: Top German Companies in Romania Dominated by Retailers

The top ten German-owned companies on the Romanian market had a total turnover of EUR12 billion in 2018 and four of these were retailers, namely Kaufland, Lidl, Selgros and Rewe, a report by...

Oana Gavrila · 02.10.2019 · 16:31 · 1 min