Analysis
GfK: Romania Electro-IT Market Up 2.2% To EUR1.43B In 1H/2019
Romania’s electro-IT market grew 2.2% in January-June 2019, to EUR1.43 billion, compared with the same period a year ago, due to 6% higher sales in the second quarter of the year, of EUR737...
Top 30 Loss-Makers In IT&C Sector RON1.36B In The Red In 2018
The 30 worst net losses posted by IT&C companies in 2018 stood at 1.36 billion lei (EUR292 million), with telecoms leading the way into the red, ZF has found from the companies’ filings with...
Crosspoint Research: Apartment Sales in Bucharest Decline 15% in 1H/2019
Apartment sales in Bucharest dropped 15% in the first half of the year compared with the same period of 2018, to a total of 15,183 units, and the introduction of a 5% VAT rate for apartments...
C&W Echinox: Developers To Step Up Mall Openings in 2H
Deliveries of retail spaces will accelerate in the second half of the year, when approximately 150,000 square meters will be delivered in several cities in the country, of which 35,000 sqm i...
Fiscal Council Warns Budget Deficit Could Reach 3.7% of GDP
Romania's Fiscal Council said Thursday in its stance on the government's proposed budget revision the deficit could reach 3.4-3.7% of gross domestic product unless offset by credible measure...
Coface: Insolvencies in Romania Drop 33% in 1H/2019
The number of companies that went insolvent in Romania in the first half of 2019 was 33% lower compared with the same period in 2018, Coface Romania said in a report Wednesday.
CBRE: Developers Eye Regional Cities for New Projects, Expansions
Modern retail stock, which includes retail parks and shopping centers, reached approximately 3.7 million square meters in the first half of 2019, of which 31% in Bucharest, as developers foc...
BestJobs: Job Applications Grow 18% in July
The number of job applicants grew 18% in July compared with June and more than 5% compared with July 2018. The most sought after field was banking, where the number of applicants grew 39% on...
40 Microbreweries Account for 0.3% of Beer Sales in Romania
Romania had 40 operational microbreweries in 2018, companies operating under the NACE 1105 (`Manufacture of beer’) and making about EUR1 million or less in revenue, Trade Register data show.