Analysis
Ten Seaside Hotel Operators With 10,000 Rooms Barely Match Turnover Of Two McDonald’s Restaurants
The privatization of hotels on the Romanian Black Sea coast has had a paradoxical effect: lacking investments and efficient management, many hotels are empty.
Top Ten Romanian Banks After 1H
The banking system is still digesting the fallout of the crisis almost three years after it started and the largest ten banks, which control almost 80% of the overall banking assets, are see...
McDonald’s Dristor, Caru’ Cu Bere And IKEA Lead Ranking Of Bucharest Restaurants With Highest Sales
McDonald’s Dristor, IKEA restaurant and Caru’ cu Bere are “fighting” for the title of Bucharest restaurant with the highest receipts, considering each of them generated revenues of EUR4-5 mi...
GfK: Romanian Durable Goods Market Rose 12.4% In 2Q, To EUR306M
The Romanian durable consumer goods market increased by 12.4% in the second quarter of 2011 to EUR306 million, according to a GfK Temax survey released Tuesday.
Romanian Farmers To Cash In EUR4B From Wheat, Corn, Rapeseed And Sunflower Harvests
Crops of wheat, corn, rapeseed and sunflower, four of the most important agricultural products in Romania, are worth EUR4.1 billion this year, EUR1 billion more than last year, according to...
Used Car Imports Plummet, New Cars Do Not Fare Any Better Either
Sales of imported used cars plunged by 60% in July, marking the sixth month of declines, according to a ZF analysis based on data provided by the Interior Ministry’s Driving License and Vehi...
Economic Growth To Slow Down In 2Q
Romania’s statistics institute is set to announce Tuesday a second-quarter economic growth close to zero or even a minor contraction, analysts say.
Businesspeople Encouraged To Continue Investments, But Fear Grips Business World
The volatility of the global financial markets has contaminated people in the local business world. While academics call for more investments, businesspeople are afraid of more expensive len...
Fiscal Council: 2012 Budget Gap Target Difficult To Achieve
Romania’s 2012 budget deficit target of 3% of the gross domestic product will be “very difficult to achieve”, particularly since the fiscal strategy doesn’t factor in the situation of state-...