Analysis
Kiwi Finance: Timisoara Has Most Affordable Housing In Romania
Housing in Romania's major cities has been getting more expensive overall, but encouragingly has reached record affordability levels, as the need for new homes far outstrips supply, while mo...
Regional Airports Drive Growth In Passenger Traffic In 2023
Passenger traffic on Romania’s airports was higher in the first half of 2023 than in the same period of 2019. Contrary to expectations, however, the growth drivers were the regional airports...
Romania Hotel Market Sees Company Number Slide, Profit Soar to 5-Year High in 2022
2022 brought fewer companies on Romania’s hotel market, but profit hit a five-year high, of RON1.5 billion, in line with Trade Registry data.
2022 Price Hikes Erode Romanians’ Purchasing Power, but Not Companies’ Profits
2022 soaring prices, from energy to food and from travels to transport, slashed Romanians’ purchasing power, but not companies’ gains. And this during a period when talk about greedflation i...
Cushman & Wakefield: CEE, including Romania, Benefits from Production Activity Relocation Closer to Consumers
Central and Eastern Europe, including Romania, is benefiting from the relocation of production activities from more far away countries, such as Asian ones, closer to consumers, particularly...
OMV Petrom, Automobile Dacia And Rompetrol Rafinare, Largest Businesses In Romania In 2022
The largest actor in Romania’s economy is OMV Petrom (SNP.RO), which posted RON55 billion revenue in 2022, an increase of 137% year-on-year, followed by a company of the same group, OMV Petr...
Brasov Set to Add 600 Hotel Rooms under International Brands in Next 3 Years
Brasov will in the coming years add four hotels with a total of 600 rooms, due to be opened under international brands AC Marriott, Double Tree by Hilton and ibis Styles.
Bucharest Hotel Market Shows Signs of Recovery
The occupancy rate of Bucharest hotels stood at 62% in the first quarter of 2023, up 33% from the year-earlier period, and is just 5% below the 2019 level, placing Romania’s capital city sec...
Two in 100 Companies Already in Default in Romania; Insolvency Numbers Set to Rise Further in 2023
In textile production, constructions and food industry, between 3 and 5 firms out of 100 are insolvent, with these being the fields of the Romanian economy where the weight of struggling com...