Analysis
CBRE: Romania Ranks 5th In CEE By Real Estate Deals In 2013
Real estate deals in Central and Eastern Europe (CEE) increased 31% on the year in 2013, to over EUR10 billion, and Romania ranked fifth out of nine countries by realty deal volumes, accordi...
Press Review - January 14, 2014
Romanian Average Net Salary Up 2% In November Romanian average net salary edged up 2.2% to 1,650 lei (around EUR360) in November, from RON1,615 a month earlier, the statistics institute INS...
Press Review - January 13, 2014
Opposition Democrat Liberals Want EU Funds Minister Dismissed Opposition Democratic Liberal Party vice-president Alexandru Nazare told a news conference Sunday the party is calling on Prime...
Romania's Online Electro-IT&C Market Seen Growing In Double-Digits In 2014
Cel.ro, Evomag.ro and Oktal.ro, three of the largest online vendors of electro-IT&C products, count on a double-digit market growth this year, amid people’s rising confidence in online shopp...
Retailers Sell Private Label Products Of EUR2.5B/Year
Private labels launched by store chains have in recent years conquered some of the most important ranges of Romanian retailers’ sales, such as vegetable oil, yogurt, soap or chocolate, where...
Green Power Investors Expected To Spend Another EUR3B In Romania In 2014
Investments in wind farms and solar parks could reach EUR3 billion this year after the EUR6 billion invested in Romania in 2009-2013, ZF has calculated based on the information provided by e...
Press Review - January 10, 2014
Romanian Teachers To Get Their Wages One Week Later The representatives of the Federation of Free Unions in Education (FSLI) said teachers’ wages will be paid one week later because of a Fin...
Agriculture Contributes Record High Of EUR18.5B To Romania’s Economy In 2013
The farming sector contributed EUR18.5 billion to Romania’s economy last year, an all-time high and 28% more than in 2012, according to the latest Eurostat data.
Overtaxation Effects: One In Five Work Contracts Either Part-time Or Fixed-term
More than 1.2 million employment contracts or 22% of the total are part time or fixed-term contracts (up to three years), as shown by the data the Labor Inspection Department found from Revi...