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CITR: 7,000 Romanian Companies Owe Over RON1M Each to State Budget
Companies

CITR: 7,000 Romanian Companies Owe Over RON1M Each to State Budget

Over 7,000 Romanian companies owe more than RON1 million each to the state budget and are faced with a debt crisis on top of the pandemic crisis, according to a reports by CITR, the leading...

Oana Gavrila · 03.03.2021 · 14:20 · 2 min
ING Survey: Eight in 10 Romanians Try to Save More during Pandemic
Analysis

ING Survey: Eight in 10 Romanians Try to Save More during Pandemic

Around 83% of Romanians are trying to set aside more money to adapt to pandemic-driven uncertainties, compared with a European average of 66.5%, a recent global survey by ING found.

Oana Gavrila · 02.03.2021 · 14:09 · 2 min
PayU Romania: Romanian E-Commerce Market grows 36% in 2020, to EUR7B
Retail&Consumer

PayU Romania: Romanian E-Commerce Market grows 36% in 2020, to EUR7B

The Romanian e-commerce market reached approximately EUR7 billion in 2020, 36% higher compared with 2019, data from online payment processor PayU showed Monday.

Oana Gavrila · 01.03.2021 · 10:32 · 1 min
Private Equity Firms Spent EUR100M to EUR150M on Healthcare Providers in Romania in 2019-2021
Analysis

Private Equity Firms Spent EUR100M to EUR150M on Healthcare Providers in Romania in 2019-2021

Six private equity firms have bought seven private healthcare providers in Romania in the past two years, betting EUR100 million to EUR150 million on them, according to ZF estimates.

Loredana Frățilă-Cristescu · 01.03.2021 · 00:00 · 2 min
C&W Echinox: Bucharest Office Market Demand Seen Growing 20-30% in 2021
Real Estate

C&W Echinox: Bucharest Office Market Demand Seen Growing 20-30% in 2021

Demand for office spaces in Bucharest will increase by 20-30% this year, as a significant part of the major tenants are actively evaluating options for space optimization, real estate consul...

Oana Gavrila · 25.02.2021 · 11:46 · 1 min
JLL: One Million Sqm Modern Stock in the Development Pipeline for 2021
Real Estate

JLL: One Million Sqm Modern Stock in the Development Pipeline for 2021

Developers on the local property market have over one million square meters of modern industrial, office and retail stock in the pipeline for 2021, real estate consulting company JLL said in...

Oana Gavrila · 25.02.2021 · 11:26 · 2 min
Colliers: Logistics & Industrial Dominated Real Estate Market in 2020
Real Estate

Colliers: Logistics & Industrial Dominated Real Estate Market in 2020

The logistics and industrial sector was the most dynamic real estate segment in 2020, with 72% growth in demand and nearly 784,000 square meters leases, real estate consultancy company Colli...

Oana Gavrila · 23.02.2021 · 11:53 · 1 min
Life Insurance Up 28% to RON2.22B in Romania in Past Decade
Banks-Insurance

Life Insurance Up 28% to RON2.22B in Romania in Past Decade

Life insurance, a segment that has significant potential in Romania, reached RON2.22 billion gross written premiums at the end of 2020, 2% lower than in 2019. The gross written premiums, how...

Loredana Frățilă-Cristescu · 23.02.2021 · 10:32 · 1 min
Analysts See Leu at 4.97 to the Euro in Next 12 Months
Analysis

Analysts See Leu at 4.97 to the Euro in Next 12 Months

Most analysts polled by CFA Romania (88%) estimate the leu at an average of 4.97 units to the euro over the next 12 months and see inflation at 2.58% over the same forecast horizon.

Oana Gavrila · 23.02.2021 · 10:03 · 1 min