Analysis
KPMG: Nearly Half of Global CEOs Don’t Expect a Return to Normal Until 2022
Almost half (45%) of global executives do not expect to see a return to a normal course of business until sometime in 2022, as opposed to nearly one-third (31%), the 2021 KPMG CEO Outlook Pu...
Colliers: Romanian Hotel Market Could Start Recovery in 2H/2021
The hotel market in Romania could start recovering in the second half of 2021, supported by a pick-up in international travel, and the 2021 will bring fresh trends in the hospitality area, r...
Combined Value of Top 50 Romanian Brands Drops 3.7% in 2020, to EUR5.6B
The combined value of Romania’s top 50 brands declined 3.7% in 2020, to EUR5.6 billion, amid global uncertainty caused by pandemic, but was almost 50% higher than in 2017, when the first Bra...
Romania Insurance Market Grows 4.6% in 2020, to RON11.5B
Insurance companies operating on the Romanian market reported total underwritings of RON11.5 billion in 2020, up 4.6% compared with 2019, the country's financial regulator said in a report T...
Analysts See Romanian Inflation Growing to 3.29% in 12 Months
Nearly 70% of analysts polled by CFA Romania expect Romania's inflation rate to grow to an average of 3.29% over the next 12 months, and over 87% estimate the leu will depreciate against the...
Telekom Romania: 97% of Romanians Use Smartphones
Around 97% of Romanians use smartphones and over 40% have been using their current phone for at least two years, telecom operator Telekom Romania said Monday, citing the Hootsuite Digital 20...
Foreign Capital Inflows on Romanian Financial Market Drop 73% in 2020
Foreign investors operating on the Romanian financial market injected over RON200 million (around EUR42.3 million) as capital into their local subsidiaries in 2020, 73% less than in 2019, wh...
Ride-Hailing App Bolt Has over 5,000 Drivers in Romania
Estonian ride-hailing service Bolt currently has over 5,000 drivers active on its platform and the number is increasing, company officials told Ziarul Financiar.
Top Five Grocery Retailers in Romania Headed for 82% Market Share by 2024
The fight for the top position in the modern grocery retail in Romania is becoming tighter, and the biggest actors are growing constantly and becoming bigger. The most powerful five groups –...