Analysis
A Further 25 Hotels Set to Be Added to Romania’s Market by 2024
Romania’s hotel industry is in full swing and by 2024 another 15 hotels are due to be opened, with a total number of 2,000 rooms, reveals a ZF analysis based on a report by STR hospitality i...
Battle in EUR200-250M Online Food Retail Heating Up
E-commerce in 2020 came to account for around 1% in total food and consumer goods sales in Romania. Against a market of around EUR20 billion, online sales can be put at some EUR200 million i...
McKinsey&Company: Better Health Could Add $26 Billion To Romanian Economy By 2040
McKinsey Global Institute estimates in a report that better health could add $26 billion to the Romanian economy by 2040, a 9% boost to GDP that translates into 0.4% faster growth every year...
Romania Outsourcing Industry Can Reach 208,000 Employees in 2022 after Almost 17% Growth
Romania’s outsourcing industry can reach 208,000 employees in 2022, after an almost 17% increase, namely 30,000 persons, in line with data provided by the Association of Business Service Lea...
Romania Adds Over 6,000 Accommodation Places in First 7 Months of 2021, to 364,000
Romania had 6,000 more accommodation places at end-July 2021, but the number is half the level in the same period of 2019, in line with statistical data.
DIY Retailers Plan to Open 10 New Stores in Romania Soon
At least ten DIY stores should open in Romania soon if the retailers go ahead with the plans they announced.
Romania’s Private Pre-University Education Sees Turnover Slide Almost 14% in 2020 YOY
In 2020, the overall turnover generated by companies operating in the field of private pre-university education dropped by almost 14% year-on-year.
Romania’s Gaming Industry Revenue Up 19% in 2020
Romania’s gaming industry posted EUR218.5 million revenue in 2020, an increase of 19.1% year-on-year, a report of the Romanian Game Developers Association (RGDA) shows.
PwC: Carbon Emissions Down 2.5% Globally In 2020; Rate Of Decarbonization Seen At 12.9% Annually
A 12.9% annual global rate of decarbonization is now required to limit warming to 1.5°C. In 2020 the rate of global decarbonization - the reduction in carbon intensity or energy-related CO2...