Analysis
Romania’s Cosmetics Market Neared EUR1B In 2013
Romanians spent a little less than one billion euros on cosmetics, personal care and beauty products last year, with the largest part of the sum being earmarked for perfumes (EUR200 million)...
Erste: Romania Should Wait At Least Until 2021 To Join Eurozone
Romania’s target date to join the euro area in 2019 seems rather ambitious considering that the country is still far from meeting the real convergence criteria and, Austrian bank Erste said...
Press Review - May 19, 2014
Basescu Says His Goal Is To Keep Ponta From Becoming President President Traian Basescu said Saturday in Alba Iulia, during a debate held by the Popular Movement Party, said his goal until N...
Dacia After Five Years Of Crisis
Automobile Dacia, Romania’s largest carmaker and also the country’s biggest exporter, at the end of the five years of crisis (2009-2013) reached record high revenue of EUR4.16 billion, doubl...
International Retailers’ “Unhealthy” Expansion Stifles Small Merchants
Entrepreneurial businesses of modern retail are set to remain under the sign of the crisis in 2014 as well, as consumption appetite is still feeble and international chains are adding severa...
Press Review - May 16, 2014
WHO: Depression Is Main Cause of Illness, Disability Among Teens Depression is the main cause of illness and disability in adolescents worldwide, and road traffic injuries are the top cause...
Farmers’ Solutions To Get Higher Farmgate Milk Prices
Buying ‘special’ cows and reinventing collective farms are Romanian farmers' solutions to drive the farmgate milk prices up, given the competitive imbalance between milk producers and proces...
Romanians Spend 60% Of Monthly Income On Food, Utilities And Fuel
Romanians spend just 3% of their monthly income on healthcare, less than on spirits and tobacco. The smallest sums are earmarked for education, namely 1% of the budget, while food, rent, uti...
Weekly Export Risk Outlook, May 14
All eyes on the European Central Bank in June, said Euler Hermes in this week’s export risk outlook report.