Analysis
Coface: Insolvencies In Romana Flat At 6,650 In 2023
The total number of insolvency proceedings in Romania reached 6,650 in 2023, flat on the previous year, when companies started 6,649 new insolvency proceedings, the latest Coface Romania sur...
Romanians Spent EUR8.5B on Holidays Abroad in 2023, an All-Time High
Romanians spent EUR8.5 billion in 2023 on holidays abroad, 15% more than in 2022 and up 60% from 2019, in line with ZF calculations based on BNR 2023 data.
Allianz Trade: Romania Will Post GDP Growth of around 3% in 2024, 3.5% in 2025, But Public Finances Will Worsen Further
Romania will register economic growth of around 3% in 2024, followed by 3.5% in 2025, but in parallel public finances will continue to deteriorate, becoming a reason of concern, with deficit...
Romania Employers Posted over 26,000 Jobs in Early 2024. 5% Were Remote Ones, Half the Early- 2023 Level
Employers have posted more than 26,000 jobs since the start of the year and of these, almost 5% have been remote ones, half the level of the year-earlier period, reveals an analysis by eJobs...
Romania’s Largest Airports Have Investments of almost EUR670M Underway
Romania’s biggest airports, including those of Iasi, Cluj, Timisoara, Sibiu and Craiova, are set to complete investments of almost EUR670 million this year aimed at terminal modernization an...
Romania Hospitality Entrepreneurs Take Steps Abroad
For a long time, local entrepreneurs in all the fields of the Romanian economy have had a cautious approach in business, preferring to anchor their businesses locally. Meanwhile, following t...
Major Retailers in Romania Have Ambitious Expansion Plans for 2024
Retailers are announcing ambitious expansion plans, with some networks intending to keep up the pace set last year, while others are stepping up. And this during a year where the first effec...
Romania’s Airports See Traffic Of 25 Million Passengers In 2023, Higher Than In 2019 Even
Passenger traffic on Romania’s airports reached 25 million people in 2023, an increase of 17% on the previous year, data from the Romanian Airport Association (AAR) show.
Romania Private Lending Slightly Up By 5.4% YoY To RON384B In November 2023
Private lending in Romania grew by 5.4% in nominal terms (down 1.2% in real terms) to RON384 billion in November 2023 compared with November 2022, central bank data showed on Wednesday (Dec...