Analysis
Heat Wave To Spike Soft Drink Sales, But 2010 Seems Hard To Match
The heat advisory issued for this period is good news for at least 20 beverage industry managers, with over EUR1.5 billion sales, given that beer and soft drink sales spike in such contexts.
Bucharest Remains Affordable For Companies Employing Expats
Bucharest ranks 152nd among the world’s most expensive cities for expats, with the cost of living falling from last year (when it ranked 119th), according to the latest survey of human resou...
Trade Registry: Nearly 11,000 Companies Went Belly Up In 1H
Romania's Trade Registry Wednesday said 10,979 companies filed for insolvency in the first half of 2011, down 2% from 11,221 companies in the same period a year earlier.
Romanian Central Bank's US Treasury Holdings Fall To $8B In 2Q
Romania has dropped 4.5% of its holdings in US treasury securities to $8.04 billion in the second quarter, from $8.42 billion at the end of March, the central bank said in a document Tuesday...
ING Revises Down Year-end CPI Forecast To 4.7%
ING Bank Romania Tuesday revised downward its forecast on the year-end inflation to 4.7% from 6.1% previously, following better-than-expected figures in June and the energy watchdog’s decisi...
One Tractor For Every 16 Romanian Farmers
With a 9.4 million-hectare farming area, Romania has a 175,000-tractor fleet, while Poland, with 14 million hectares, has 1.5 million operational tractors, UN’s Food and Agriculture Organiza...
What RBS Has For Sale In Romania And Why Investors Are Not Rushing In To Buy
It has long been known that UK’s RBS is not interested in doing business in Romania and it seeks to sell its local portfolio, or rather what is left of it. In fact, the UK parent bank itself...
Home Prices Down 12% On Year In 1Q - INS
Romanian home prices dropped 12% in the first quarter of the year, compared to the same interval of 2010, according to the national statistics office INS data.
Corporate Insolvency Market Affected By Insufficient Funds - CITR
As many as 96% of Romanian insolvent companies end up declaring bankruptcy due to fund shortage from creditors to cover procedure costs and reduced refinancing possibilities, according to Tr...