Analysis
International Beer Day: Romania 7th in EU by Beer Production, with 1.7 Billion Litres in 2020
Romania ranks seventh in the EU in terms of beer production, with 1.7 billion litres in 2020, namely 5% of European production volumes.
One in Ten Tourism Employees Exited Sector in 2020
One in ten tourism employees left the industry in 2020, so that the domestic hospitality market had just 165,000 workers last year, in line with ZF calculations based on Trade Registry data.
Romania’s Ice Cream Production Down 17% in 2020
Romania’s ice cream production decreased by more than 17% to merely 34.02 million liters last year from 41.36 million liters in 2019, Eurostat data show. The country was behind Finland and L...
Pandemic Causes 25% Drop in Romania’s Footwear Exports To $729M
Romania was and still is one of the most important footwear manufacturers of Europe, but exports shrank a lot in 2019 and especially in 2020.
Top 20 Landowners Own 2.5% of Romania’s Arable Land
The largest 20 owners of land own 248,683 hectares or 2.5% of Romania’s arable land, Romania’s Agency for Payments and Intervention in Agriculture (APIA) data show.
Number of Insolvencies Rises 30% YoY in H1
Almost 3,100 local companies went insolvent in the first half of 2021, over 30% more than in the year-ago period.
Romania’s Wheat, Barley and Rapeseed Yield Per Hectare Reaches Ten-Year Peak
Fall crops – wheat, barley and rapeseed, have been harvested 60% to 90% and the average yield per hectare is the highest in a decade, Agriculture Ministry preliminary data show.
Uneven Residential Development in Romania’s Biggest Cities in 2020
The residential development of Romania’s top cities is uneven, as the latest publicly available information from the National Statistics Institute show.
Romanian Households’ Net Wealth Up from RON1,274B in 2011 to RON2,414B in 2020
Romanian households’’ net wealth has increased 1.9 times in the past decade, going from RON1,274 billion in 2011 to an all-time high of RON2,414 billion (almost EUR500 billion) in 2020.