Analysis
Three Most Profitable Banks In Romania Account For About 50% Of Entire Banking System Profit In 2023
The largest banks in Romania posted higher profits in 2023 compared with 2022, as lending and income increased. Profits were largely driven by the high interest rates and low risk costs and...
Eurostat: Romania, The Third Largest Oil Producer In The European Union
The largest oil producers in the European Union in 2022 were Italy (4.5 million tons), Denmark (3.2 million tons) and Romania (3 million tons), data from Eurostat, the statistical office of...
Romania Insurance Market Up 10% To RON18.2B Gross Written Premiums In 2023
Romania’s insurance market ended 2023 with gross written premiums of RON18.2 billion, an increase of 10% on 2022, of which general insurance premiums accounted for RON15.2 billion and life i...
Romania Employers Put 75,000 New Jobs on Market in 1Q/2024, Down 10% YOY
The number of jobs employers have posted since the start of 2024 has reached 75,000, almost 10% fewer than in the same period of last year.
TARA Interactive: Romania Companies Initially Earmark 2,500-5,000 for Automation, Subsequently Increase Investment to EUR10,000-50,000
Romania companies earmark budgets ranging between EUR2,000 and 5,000 for automation and after noticing the benefits they tend to increase the investment to EUR10,000-50,000 in the first year...
iBanFirst Expects Romania Economy to Grow by 2.7% in 2024, Exchange Rate to Fluctuate within RON4.99-5,02/EUR Range, Sees Inflation at 5%
The evolution of Romania economy in 2024 will be in line with the tendencies registered in the rest of Europe, set to mark modest growth, below potential, of just 2,7%, slightly above the 2%...
Colliers: Number of Romanian Tourists Choosing Local Destinations in 2023 Nears Record High; Foreign Visitors Still around 25% Below Pre-Pandemic Level
The hotel sector continued its rebound in 2023, with a sustained increase in leisure tourism, with the number of Romanian tourists accommodated in local hotel structures nearing 7 million, v...
Romania Private Lending Up By 5.7% YoY To RON384.7B In January 2024
Private lending in Romania went up 5.7% to RON384.7 billion in January 2024 compared with January 2023, central bank data showed on Friday (February 23, 2024).
Romania’s Modern Retail Space Stock Stands At More Than 4.3M Sqm
Romania has a total modern retail space stock of more than 4.3 million square meters, of which over 2.7 million square meters are malls and the rest mainly retail parks, the annual market re...