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Colliers: Continued Demand Could Raise Market Value of Offices in Bucharest by 2-5%
Real Estate

Colliers: Continued Demand Could Raise Market Value of Offices in Bucharest by 2-5%

Modern office stock in Bucharest will increase by more than 0.5 million sqm in 2019-2020 and market dynamics in this interval could generate variations of plus/minus 5% in the market values...

Oana Gavrila · 01.10.2019 · 15:03 · 1 min
Top Ten Bookstore Chains Saw RON331 Million Sales in 2018
Analysis

Top Ten Bookstore Chains Saw RON331 Million Sales in 2018

The ten largest bookstore chains in Romania posted 331 million lei (EUR70 million) sales, 10% more than in the previous year, ZF has found from Finance Ministry data. The networks considered...

Loredana Frățilă-Cristescu · 30.09.2019 · 07:00 · 1 min
Rental Market Will Develop, as Millennials Not Interested in Buying Homes
Real Estate

Rental Market Will Develop, as Millennials Not Interested in Buying Homes

Romania doesn't have a housing rental market but that is set to change in the next few years as apartment prices will continue to grow and millennials are not interested in owning their home...

Oana Gavrila · 25.09.2019 · 13:45 · 1 min
Residential Development in Northern Bucharest Could Lead to Supply-Demand Imbalances
Real Estate

Residential Development in Northern Bucharest Could Lead to Supply-Demand Imbalances

The northern area of Bucharest has several large residential projects under development and the market could experience an imbalance between supply and demand next year, Mihaela Pana, Partne...

Oana Gavrila · 25.09.2019 · 13:35 · 1 min
Best Jobs Poll: Companies Need More Employees But Unwilling To Raise Pay
HR

Best Jobs Poll: Companies Need More Employees But Unwilling To Raise Pay

Companies need to cover 15% new positions in the fourth quarter of 2019 compared with the same period last year but are not willing to raise salaries to attract candidates, a poll by online...

Oana Gavrila · 25.09.2019 · 13:22 · 1 min
Medical Services, The Top-Paying Industry In Romania, Survey Shows
Health

Medical Services, The Top-Paying Industry In Romania, Survey Shows

The medical services industry pays the highest wages in Romania, being 21% higher than the wages on the general market, according to the Total Remuneration Survey (TRS) conducted by Mercer M...

Ecaterina Craciun · 24.09.2019 · 17:22 · 1 min
Romanian Exports to Germany Grow 3.3% in 1H, to EUR8.1B
Analysis

Romanian Exports to Germany Grow 3.3% in 1H, to EUR8.1B

Romania's exports to Germany totaled EUR8.1 billion in the first half of the year, up 3.3% compared with the same period last year, while German imports to Romania reached EUR8.6 billion, 2....

Oana Gavrila · 24.09.2019 · 12:06 · 1 min
Eurostat: Romania Posts Highest Annual Inflation Rate in EU in August
Analysis

Eurostat: Romania Posts Highest Annual Inflation Rate in EU in August

Romania had the highest annual inflation rate in the European Union in August, of 4.1%, followed by Hungary, Netherlands and Latvia, Eurostat data showed Wednesday.

Oana Gavrila · 18.09.2019 · 17:52 · 1 min
eJobs: Auto Industry Employees in Romania Make an Average EUR650/Month
Analysis

eJobs: Auto Industry Employees in Romania Make an Average EUR650/Month

Romania is one of the European countries with the most employees in the auto industry compared with the general population but the average net salary in the industry stand at EUR650, the low...

Oana Gavrila · 18.09.2019 · 16:43 · 1 min