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Retailers Opened 150 Supermarkets In January-October
Retail&Consumer

Retailers Opened 150 Supermarkets In January-October

Retailers in Romania have continued expansion and opened a new store every other day in the first ten months of the year, totaling 149 new units.

Oana Gavrila · 05.11.2012 · 00:00 · 3 min
Romania Becomes Small Market For Dacia
Automotive

Romania Becomes Small Market For Dacia

Romania has fallen to fifth place among the most important European Union markets for Dacia, according to a ZF analysis based on the car registrations on its biggest markets.

Oana Gavrila · 05.11.2012 · 00:00 · 2 min
Leu Loans More Expensive By The Month
Banks-Insurance

Leu Loans More Expensive By The Month

Consumer and mortgage loans in Romanian leu became more expensive in September for the third month in a row and interests on euro loans went down again, making harder the shift to lending in...

Tudor Ioana Raluca · 02.11.2012 · 00:00 · 1 min
PMR: Romanian Cosmetics Market Sees Highest Growth In Region, Though Far Lower Than Expected
Retail&Consumer

PMR: Romanian Cosmetics Market Sees Highest Growth In Region, Though Far Lower Than Expected

The Romanian cosmetics market will grow by 2.2% in 2012, the highest in the region, but much lower than the initial forecasts of over 10%.

Loredana Frățilă-Cristescu · 30.10.2012 · 00:00 · 3 min
Shareholder of S+B Gruppe: Romania Is Currently Attractive Because It Still Has Homework To Do
Real Estate

Shareholder of S+B Gruppe: Romania Is Currently Attractive Because It Still Has Homework To Do

Franz Paul Bauer, the Austrian managing director and shareholder of S+B Gruppe, which has invested around EUR120 million on the Romanian market, mainly in real estate, says Romania is curren...

Oana Gavrila · 26.10.2012 · 08:40 · 2 min
Romania Keeps 72nd Spot In World Bank’s Doing Business 2013 Report
Analysis

Romania Keeps 72nd Spot In World Bank’s Doing Business 2013 Report

Romania has kept its 72nd position among 185 countries in the World Bank’s Doing Business 2013 report, after falling seven places in last year’s report.

Ecaterina Craciun · 23.10.2012 · 11:39 · 3 min
Bank Deposits Increased By Nearly EUR10B Since Start Of Crisis
Analysis

Bank Deposits Increased By Nearly EUR10B Since Start Of Crisis

Romanian household and corporate bank deposits were up by 42.35 billion lei (EUR9.9 billion) since the start of the economic crisis as the balance of bank deposits has increased by 27.9% sin...

Ecaterina Craciun · 22.10.2012 · 13:52 · 1 min
Credit Suisse: Romania Witnesses Sharpest Decline In Household Wealth
Social/Politics

Credit Suisse: Romania Witnesses Sharpest Decline In Household Wealth

Household wealth in Romania decreased 36% between July 2011 and June 2012, mainly due to the economic problems triggered by the euro zone crisis, according to Credit Suisse’s 2012 Global Wea...

Ioana Tudor · 18.10.2012 · 20:15 · 1 min
GfK: Most Romanians Think Economy Fares Worse This Year, But Expectations Are High For 2013
Analysis

GfK: Most Romanians Think Economy Fares Worse This Year, But Expectations Are High For 2013

Nearly three quarters of Romanians believe the country’s economy is faring worse than last year, their willingness to spend is lower and have high expectations for improvement in 2013, accor...

Oana Gavrila · 16.10.2012 · 12:42 · 1 min