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Number of Insolvencies in Romania Almost Unchanged in H1, 2022
Companies

Number of Insolvencies in Romania Almost Unchanged in H1, 2022

The number of companies that went insolvent in the first half was almost unchanged compared with the year-ago period, 3,580 compared with 3,033, a report by insolvency specialist CITR shows.

Loredana Frățilă-Cristescu · 26.07.2022 · 15:43 · 1 min
Insurance, Private Pension and Capital Market Assets Double in 2014-2022
Analysis

Insurance, Private Pension and Capital Market Assets Double in 2014-2022

The assets of the three non-bank financial markets in Romania – the insurance market, the private pension market and the capital market doubled from 2014 through the end of 2021, the Financi...

Loredana Frățilă-Cristescu · 20.07.2022 · 15:34 · 1 min
Trading on Bucharest Stock Exchange and Multilateral Trading System up 28% to RON6.36B in Q1
Analysis

Trading on Bucharest Stock Exchange and Multilateral Trading System up 28% to RON6.36B in Q1

The Romanian capital market was influenced by the shock of the war in Ukraine, but the impact was smaller than the crisis generated by the emergence of the COVID 19 pandemic, and in the long...

Loredana Frățilă-Cristescu · 15.07.2022 · 16:57 · 1 min
EY: M&A Deal Number Up 25% To 109 In H1
Analysis

EY: M&A Deal Number Up 25% To 109 In H1

The mergers and acquisitions (M&A) market in Romania saw a number of 109 deals in the first half of 2022, an increase of 25% on the year-ago period, but the estimated value was lower, $2.5 b...

Loredana Frățilă-Cristescu · 15.07.2022 · 14:15 · 1 min
Romania Has One of Lowest Travel Recovery Rates in Europe
Analysis

Romania Has One of Lowest Travel Recovery Rates in Europe

Romania has one of the lowest recovery rates of travel in Europe, as the number of arrivals in the first five months of 2022 stands at only 52% of the level reported in the same time of 2019...

Loredana Frățilă-Cristescu · 11.07.2022 · 21:46 · 1 min
Romania’s Beer Market Shrinks 10% in First Four Months of 2022
Analysis

Romania’s Beer Market Shrinks 10% in First Four Months of 2022

Romania’s beer market suffered a 10% decline in the first four months of 2022 from the year-earlier period after, at the level of Europe, sales in bars and restaurants dropped by 35% in 2021...

Roxana Dumitru Rosu - Mediafax · 04.07.2022 · 10:48 · 1 min
Romania Accounts for Almost Half of E-Commerce Sales in Eastern Europe in 2021
Analysis

Romania Accounts for Almost Half of E-Commerce Sales in Eastern Europe in 2021

Romania recorded EUR6.2 billion in e-commerce sales last year, which is about half the level achieved by retailers in Eastern Europe, estimated at EUR14 billion, according to the European E-...

Loredana Frățilă-Cristescu · 30.06.2022 · 19:52 · 1 min
Deloitte: Most Working Women Face Increased Stress
Analysis

Deloitte: Most Working Women Face Increased Stress

The level of stress faced by more than half of working women (53%) is higher than a year ago, and 46% say they are exhausted, according to Deloitte’s Women @ Work 2022 study conducted global...

Ecaterina Craciun · 28.06.2022 · 11:53 · 3 min
Romanians Spent EUR1.9B Abroad in Jan-April 2022, Double Vs. Year-Earlier Period
Analysis

Romanians Spent EUR1.9B Abroad in Jan-April 2022, Double Vs. Year-Earlier Period

Romanians spent EUR1.9 billion on travel abroad in January-April 2022, as compared to EUR953 million in the same period of 2021, when there were travel restrictions in force amid the pandemi...

Mirabela Tiron · 22.06.2022 · 10:07 · 1 min