Analysis
Healthcare Market May Top EUR700M In 2015, Despite Slower Growth
The private medical service market, which was almost non-existent ten years ago, reached EUR521 million last year and has been among the fastest growing sectors in the last few years.
To lend or not to lend? Let’s talk about we can do better together…
Recent media coverage of the banking industry in Romania raised important issues concerning ability and willingness of local banks to lend. In addition, we have wide ranging debate and recen...
Press Review - October 10, 2013
Former PM Emil Boc Won’t Run For President Romania’s former prime minister Emil Boc said Wednesday he does not seek nomination by the Democratic Liberal Party to run for president in next ye...
Average Wealth Per Capita Up 9.7% On Year In Romania, To $11,191 – Report
The average wealth per capita in Romania increased 9.7% in the first half of the year compared to the same period in 2012, to $11,191, much lower than the $17,570 level it reached before the...
Romania Has 10,600 Millionaires And Just One Billionaire
Approximately 10,600 inhabitants of Romania have fortunes higher than $1 million, less than half compared to Czech Republic, and just one Romanian’s fortune exceeds $1 billion, according to...
Government Must Cut VAT, Social Security Contributions To Stimulate Economic Growth - Investors
Romania’s Government must reduce the value added tax back to 19%, lower social security contributions and eliminate taxes on reinvested profit to ensure sustained economic growth, according...
Press Review - October 9, 2013
Liberals, Social Democrats Decide On Institutions To Be Decentralized Romanian deputy prime minister Liviu Dragnea, also the executive president of the Social Democratic Party, and Klaus Ioh...
CBRE: New Housing Stock In Bucharest-Ilfov Seen Up 15% By 2015, With 4,000 New Apartments
New housing in the Bucharest-Ilfov area stands at over 27,300 units in 115 residential compounds with more than 20 apartments and is expected to increase by 15% over the next two years, acco...
New Insolvency Code To Push Firms Into Bankruptcy
Romania’s new Insolvency Code, to take effect on October 25, will impact small- and medium-sized companies, whose reorganization can’t be carried out in only one year, and will push them int...