Analysis
Survey: Labor Shortage Drives Companies to Invest in Digitization
Two thirds of Romanian companies are determined to invest significantly in digitization in the next three years, as 80% of them are confronted with lack of qualified employees, among other r...
Romania Loses RON5.5B Annually to Counterfeit Trade
Annual losses caused by counterfeit trade and pirated content in Romania amount to an estimated RON5.5 billion, the equivalent of 17.2% of sales across 11 economic sectors, a study released...
EY: Romania Attracted 109 FDI Projects in 2018, Down 13% on Year
Romania attracted 109 foreign direct investment projects in 2018, down 13% compared with 2017, according to the EY European Attractiveness Survey released Wednesady.
Romanian Spa & Wellness Market at EUR314M in 2018
The Romanian spa resort and wellness market generated a turnover of approximately EUR314 million, industry specialists said.
KeysFin: Romanian Toy Market Grows 25% in 2018, to RON1.2B
The Romanian toy market (manufacturing and retail sales) grew 25% on the year in 2018, to RON1.2 billion, driven by expansion, a more diverse product range, and higher purchasing power, Keys...
Foreign Investment in Local Companies' Share Capital Dropped EUR21M in Jan-Apr
The value of the share capital brought to new companies with foreign ownership in January-April amounted to EUR4.3 million, EUR21 million lower compared with the same period in 2018, accordi...
Startup Creation Slows Considerably in April
Beginner entrepreneurs established 47,147 limited liability companies – startups (SRL-D) from 2011 until the end of April 2019, just 78 more than at the end of March, Trade Registry data sho...
Romanian Insurance Market Grows 7% in 1Q, to RON2.22B
Insurance companies operating in Romania had underwritings of RON2.72 billion in the first quarter of 2019, up 7% on the year, said Cristian Rosu, vice-president of the Financial Supervision...
Entrepreneurial Companies Account for Only 25% of Romania’s Exports
Aramis Invest in Baia Mare (furniture manufacturer), Oltchim Ramnicu-Valcea (chemical industry) and Compa Sibiu (automotive components) are the only entrepreneurial companies with about or m...