Analysis
Constructors Are Hiring Again
Builders have resumed hiring for the projects won at the start of the year, after more than 100,000 people have left the industry over the past two or three years. Analysts believe the third...
Bucharest Apartment Prices Stay Frozen In First Summer Month
The average price of old three-room apartments in Bucharest dropped by 1% month-on-month in June, from EUR81,400 to EUR80,600, according to the real estate index drawn up by ZF together with...
Austrian Banks Have Highest Exposure To Romania
Austrian banks had an almost EUR33 billion exposure to Romania at the end of last year, followed by Greek lenders, which were far behind, with assets worth EUR15 billion on the local market.
Top-Performing Hypermarkets Are Located In Working Class Districts
Cora Lujerului (Militari), Auchan Titan, Carrefour Orhideea and Real Vitan are the stores with the highest sales of the four hypermarket chains in Romania, whose annual sales amount to EUR2....
BCR: Agriculture’s Contribution To Romanian GDP Growth Seen At 0.3% In 2011
The Romanian agriculture had a small contribution to the country’s economic growth over the past ten years, compared to its share in the gross domestic product, and might contribute 0,3% to...
GfK: Romanian Economic Expectations Improve, But Concern Remains
Romanian economic expectations have improved significantly over the past twelve months, but the indicator stays in negative territory, a survey from market researcher GfK showed Monday.
Romanian Consumers Among Most Pessimistic In The World - Nielsen Survey
Romanian consumers are among the most pessimistic in the world, according to a survey conducted by The Nielsen Company, based on consumers’ confidence in the labor market, their personal fin...
Heating Boiler Sales Back To Double-Digit Growth
After 2009, when sales of heating boilers went down by more than 30%, the market returned to two-digit annual growth hardly ever seen in the construction industry after the onset of the cris...
Romanians Look For Comfort Rather Than Safety When Buying A Car
Most of Romanians who buy a car look for comfortable versions with options that improve the car’s look, while clients in Western Europe are more interested in aspects regarding safety and ut...