Analysis
Micro-Enterprises Account for 10% of Turnover of Romanian Businesses, Employ 23% of Workforce
Romania's SME sector included 511,800 active micro-enterprises in 2017 with a total turnover of RON139.1 billion and 1.1 million employees, a study by Instant Factoring showed Wednesday.
Romania's Biggest Exporters Are Also Its Biggest Importers
Dacia, Ford, Daimler's Star Assembly and Rompetrol Rafinare are Romania's top exporters for 2018 but they are also the country's biggest importers, albeit in a slightly different order, prel...
Pepco Beats Zara and Lidl to Top Spot on Childrenswear Market in Romania
Romanians spend 1.5 billion to 2 billion lei (EUR315 million to EUR420 million) on childrenswear a year, according to the latest ZF data and the market is rising fast both in value and in vo...
Central Bank Warns of Rising Inflationary Pressures, Widening Current Account Deficit
Annual CPI inflation rate rose from 3.27% in December 2018 to 3.32% in January and 3.83% in February 2019, standing above the upper bound of the variation band of the target and above the ce...
Romania’s Pharmaceutical Exports Almost Flat at EUR745 Million in 2018
Companies in Romania exported EUR745 million worth of drugs in 2018, slightly up from the EUR741 million of 2017. The top 20 exporters accounted for 75% of the total exports in 2018 or about...
Survey: Four In Ten Romanians Seeking To Buy A New Car Target Electric Vehicles
Romanians are among the most open Europeans to the idea of buying electric vehicles, as 36% of those seeking to buy a new car focus on electric vehicles, according to a survey by E.ON and Ka...
PwC Romania: Exempting Coal-Fired Power Plants from Turnover Tax is State Aid
The Romanian government's plan to exempt state-owned thermal and coal-fired power plants from a 2% turnover tax qualifies as state aid and requires the approval of the European Commission, s...
Developers To Build 200,000 Sqm of Offices, 3,000 Apartments in Bucharest Expozitiei Area
The Expozitiei area in northern Bucharest is looming as a major landmark on the city's office map as developers plan to build 200,000 square meters of offices and 3,000 homes in the area in...
CFA: Financial Analysts’ Confidence In Romania’s Economy Perks Up in February
Financial analysts’ confidence in Romania’s economy perked up in February compared with January but is still below the level recorded in February 2018, according to the macroeconomic confide...