Analysis
Romania's IT Industry Revenues Grow 2.5% in 2020, Profit Grows 20%, to RON4.8B
Revenues generated by companies in the local IT industry topped RON33 billion in 2020, up 2.5% compared with 2019, an analysis by Termene.ro showed.
Six in Ten Romanians Would Move to Countryside in 1-2 Years, Good Internet Connection a Must
Six in ten Romanian urbanites say that the pandemic influenced or changed their opinion on living at the countryside and 62% could imagine moving to the countryside in the next one or two ye...
ING Bank: One in Three Romanians Plans to Buy a Home in the Next Year
One in three Romanian plans to buy a home in the next 12 months although 70% think currently residential prices are overrated and 77% think prices will grow in 2022, according to a survey by...
Romania's Public Debt Nears 50% of GDP end-April
Romania's public debt reached RON526.6 billion (EUR107.5 billion) at the end of April (EUR107.5 billion), accounting for 49.9% of the gross domestic product after just four months, as the go...
Top Ten Banks in Romania See 13% Rise in Assets to RON560B in 2020
Romania’s banking system numbered 34 banks last year, the same as in 2019, more than half of which with less than 1% market share.
Fitch: Romania’s Investment Grade Hinges on Fiscal Outlook, Policy Implementation
Romania’s retention of its investment-grade rating will depend on the fiscal outlook and policy implementation, Fitch Ratings said in a new report.
CFA Analysts See Leu Above 5 Units vs Euro in Next 12 Months, Inflation at 3.75%
Financial analysts expect the Romanian leu will depreciate to over 5 units to the euro in the next 12 months (June 2021-June 2022), while inflation is seen averaging 3.75% during the same pe...
Ten Largest Companies to Go Insolvent in 2021 Posted Almost RON2B Revenue Last Year
The ten largest companies in Romania to go insolvent in 2021 posted almost RON2 billion revenue last year and four of them even made profit.
PwC: 54% of Consumers More Focused on Saving, Preference for Online Shopping Grows
More than half of global consumers (54%) have become more focused on saving and more price-oriented (56%) in the last nine months, according to PwC’s Global Consumer Insights Pulse Survey co...