Analysis
Romania’s Banking System Profit Shrinks 19.5% to RON5.1B in 2020
Romania’s banking system (34 lenders) ended 2020 with RON5.14 billion net profit, assets reached a new high and loan-to-deposit and non-performing loan ratios fell compared with 2019, while...
C&W Echinox: Pandemic Pushes Logistical Demand and Development to New Records
The Romanian logistics and industrial market has accelerated its expansion in 2020 both in terms of demand, which neared the 1 million square meters mark, and deliveries of new spaces, which...
Dermo-Cosmetics Sales in Romania Down 2.7% in 2020, to RON261.9M
Romanians bought RON261.9 million (EUR54.1 million) worth of dermo-cosmetics at retail prices in 2020, down 2.7% compared with 2019, a market report by Cegedim Customer showed Wednesday.
RE/MAX: One Third of Realtors See House Prices Rising
Around one third of real estate specialists expect prices of houses and lands to grow by up to 10% in 2021, while prices for retail and office spaces are expected to decline, according to an...
FIC: Romania Should Prioritize Attracting Foreign Investment
Romania should make a priority out of attracting higher volumes of foreign direct investment, by raising its absorption capacity and developing medium and long-term strategies considering th...
Staff Turnover in Romanian Companies Drops to 17.2% in 2020
Romanians opted for job security in 2020 and staff turnover in Romanian companies decreased to an average rate of 17.2%, from 23.1% in 2019, amid the economic uncertainties brought by the Co...
Erste, ING Raise 2021 Growth Projections for Romania after Surprisingly Positive 4Q/2020 Data
Erste Group is revising its 2021 growth projection for Romania to 4.2% from 2.7% and ING Bank is revising its projection to 5.5% from 3.7%, citing high carryover effect from unexpected growt...
EY: Business Leaders See Return to Pre-Pandemic Profitability in 2021-2022
Business leaders worldwide expect a return to pre-pandemic levels of profitability in 2021 (23%) or 2022 (44%), marking improved sentiment compared with estimates in March 2020, an EY survey...
Rise in Online Commerce Volume Drives Parcel Delivery Market Towards RON5B in 2021
Online commerce, which has been on the rise in the last few years, surged last year as the pandemic made people order and buy more products over the Internet. The parcel delivery industry, o...