Analysis
Romania’s Wheat Production Could Reach Record High of 12M Tons in 2021
Preliminary estimates point to Romania’s wheat production reaching a record high of 12 million tons or EUR2.3 billion, with high yields in the west of the country and good harvests in the ot...
Bucharest to Lose One Quarter of Its Population by 2050
Bucharest will have only 1.4 million inhabitants by 2050, compared with 1.8 million as statistics show in 2018, according to Eurostat data.
Value of Cars Up for Sale on Autovit.ro Rises 40% to EUR1.65B in H1
The value of the cars put up for sale on Romania’s largest online car marketplace Autovit.ro reached EUR1.65 billion in the first half, 40% higher on the year-ago period.
Only 10 Out of 25 Builders Which Saw Revenue Double in 2019 Posted Growth in 2020
Only ten out of 25 construction companies with more than RON100 million revenue, which had doubled revenue in 2019, posted growth again in 2020.
Mandatory Pension Funds’ Investments on Bucharest Stock Exchange Up to EUR3.5B
The investments of several million employees, who are now paying 3.75% of their gross monthly income towards mandatory private pensions, in 24 companies listed on the Bucharest Stock Exchang...
Romanians Spend More Than RON2B on Fast Food a Year
The restaurant market went down to less than RON10 billion in 2020 compared with RON14 billion in 2019. The fast-food segment accounted for some 20% to 25%.
EC Raises Romania's Economic Growth Forecast to 7.4% for 2021
The European Commission expects Romania's economy to grow 7.4% this year and 4.9% in 2022, following better than expected first quarter performance.
Deloitte: Investors Regain Optimism for Real Estate Market in CE
Real estate market professionals in Central Europe are optimistic that the year will deliver a post-pandemic market bounce, according to the Deloitte Real Estate Confidence Survey for Centra...
Pandemic Caused 30% Decline in Food and Drink Service Sector Revenue in 2020
The restaurant, cafe and bar market reached RON13.2 billion at the end of 2020, 30% lower than in 2019. These are the first official data about the impact of the pandemic on the bar and rest...