Analysis
Can Private Managers Turn State-Owned Companies Around?
There are private-sector managers that would be willing to start even tomorrow as chief executives of large state-controlled companies, if they were paid the same salary as in a multinationa...
One Third Of Romanians Have No Confidence In Banks
After around 10 years during which one could speak about retail banking in Romania, the banking industry, populated by dozens of lending institutions, is finding out the market has not gone...
Bankers Raise Leu Consumer Loan Rates Again
Bankers raised consumer loan interest rates in June, after having displayed one-digit nominal interest rates in spring, even though they are still complaining about a lack of clients. The ex...
Foreign Tourists’ Accommodation Expenses In Romania Equal A Mall’s Revenue
A number of 1.3 million foreign tourists stayed at least one night in a hotel or bed and breakfast in Romania last year, and the sum they spent on accommodation is put by ZF at EUR170-175 mi...
PwC Sees Romanian Media, Entertainment Market At $3.8B In 2015, From $2.5B In 2010
The entertainment and media industry in Romania will register an average annual growth rate of 8.8% between 2011 and 2015, shows this year’s edition of the PwC Global Entertainment and Media...
High Rents Drove Dozens Of Cafes Out Of The Market
In the past two years the crisis has wiped dozens of coffee shops off the local map. Some chains went insolvent (Costa Coffee and Cup&Cino), others cut their number of shops considerably (Tu...
Central Bank To Leave Key Rate Unchanged At 6.25% - Poll
The central bank is likely to leave its key rate unchanged for the tenth straight time at 6.25% a year at its next monetary policy meeting August 3, the association of financial and banking...
Romania Is Having Best Farming Year In Last Five Years - EU Report
Romania is having a good farming year, as its yield per hectare is above the average in the last five years for most crops, while the wheat, barley and potato harvests exceed last year's yie...
INS: Managers Expect Moderate Growth In Jul-Sep
Managers expect moderate growth in industry, construction, retail and services in the July-September period, the Romanian statistics institute INS said in a statement Thursday.