Analysis
Top Three Home Appliances Manufacturers in Romania See Over RON1B Revenue in 2020
Romania has three home appliances manufacturers with more than RON1 billion revenue for the first time – Arctic, De’Longhi and Philips Orastie. The pandemic gave a boost to the industry, whi...
Romanian Hospitality Industry Turnover Drops 35% in 2020, Losses Triple
The turnover of the hospitality industry in Romania dropped 35% in 2020, to RON17.9 billion, due t pandemic restrictions, while the total losses of all companies in the industry tripled to R...
EY: Medical Subscription Market in Romania Has an Impact of EUR776M on the Value Chain
Each euro invested in the medical subscription market generates an additional 3 euros in added value to the Romanian economy, a study by EY Romania concluded.
FIC: Romania Has Potential, Opportunity to Implement Reforms Pushing Growth above EU Average
The Foreign Investors Council (FIC), which includes over 120 multinational companies, thinks Romania currently has both the potential and the chance to implement key reforms for a strong and...
JLL: Real Estate Investment Volume Drops 50% in 1Q, Investors More Cautious in Deliveries
Investments on the Romanian property market dropped 50% on the year in the first quarter of 2021, to EUR73.5 million, with varying demand across market sectors.
Entrepreneur-Owned Grocery Retailers End 2020 with 10% to 20% Growth
Entrepreneur-owned grocery retail businesses ended the first year of the pandemic with growth of 10% to more than 20%.
EY Study: Financial Hurdles Could Be Biggest Barrier to Achieving Net Zero Targets
In 2020, global renewable energy capacity investments grew 2% to $303.5 billion, the second-highest annual figure recorded to date despite the impact of the global COVID-19 pandemic, but $5....
Lenders in Romania See Profit Rise 15% in Q1
The net profit of Romania’s banking system reached about RON1.89 billion at the end of the first quarter of 2021, 15% higher than in the year-ago period, while assets rose to a peak of RON57...
JLL: Resilience in Consumer Spending Raises Investor Appetite in Grocery Real Estate
The European grocery retail real estate market has remained resilient in the face of economic uncertainty, as the COVID-19 pandemic provided new opportunities for growth and increased invest...