Analysis
Private Labels Came to Weigh 15% in Total Consumer Goods Sales in 2021, Up 15% on 2020
Private labels at end-2021 came to hold a 15.1% market share of overall consumer goods sales, after a 15% increase against 2020, reveals an analysis by market research firm Nielsen.
Start of 2022 Already Brings 277 Accommodation Unit Construction Sites
2022 started with a positive signal for the hotel sector, with 277 accommodation unit construction sites being already underway by February 14, in line with data provided by IBC Focus, which...
Almost 700 Builders In Romania Fell Into Insolvency or Went Bankrupt in 2021
Almost 700 construction companies in Romania entered insolvency or bankruptcy in 2021, in line with Trade Registry data.
Sales of Dermo-Cosmetics up 27% to RON360M in Romania in 2021
Sales of dermo-cosmetics in pharmacies in Romania increased by 27% to a total of RON360 million (EUR73.2 million) last year and the market was dominated by facial care products, which accoun...
Romanians Spent RON21B on Medicines in 2021
The pharmaceutical market in Romania generated sales of over RON21 billion in 2021, up 17% from the previous year, according to data provided by market research company Cegedim.
Almost 500 Rooms in International Brand Hotels To Be Delivered in 2022 in Wake of Over EUR50M Investments
Almost 500 rooms in hotels set to operate under international brands will be delivered on the market this year in Brasov, Cluj-Napoca and Timisoara in the wake of total investments put at ov...
Eurostat: Romania Has Third Lowest Minimum Wage In The EU
Romania ranks among the last European Union Member States regarding the minimum wage in January 2022, data from Eurostat, the statistical office of the European Union, showed on Friday.
Romania’s Tourism Sector Hit $1.1B Revenues in 2021
Romania’s tourism sector in 2021 generated revenues worth $1.1 billion, with the biggest receipts recorded by operators that sold holiday packages, namely travel agencies, and by hotel owner...
Private Labels “Gobble Up” 22% of FMCG Sales in Romania
Private labels have come to eat up 21.6% of consumer goods sales in Romania, in line with data provided by market research company GfK for the first 9 months of 2021.