Analysis
Luxury Hotel Business Halves to RON57M in 2020
Revenue of the luxury hotels in Romania halved to 57 million lei due to the pandemic in 2020, market research company Euromonitor data show.
Foreign Retail Chains Bet EUR700M to EUR800M on Romanian Consumers Appetite for Spending in 2021
Modern retail chains in Romania are preparing to open 400 new stores in 2021 and spend EUR700 million to EUR800 million on expansion, on upgrades and logistics, ZF has found from the data th...
Five Foreign Companies Dominate Romania’s Yogurt Market
Danone, Albalact, FrieslandCampina, Covalact and Fabrica de Lapte Brasov (Olympus) are the top five actors on the yogurt and sour milk product market in Romania, which Euromonitor puts at mo...
Almost 900,000 Used Cars Sold in Romania in 2020
Sales of used cars stood at 880,000 units in Romania last year, 380,000 of which imported as such and 500,000 sold and bought on the local market.
PwC: European Real Estate Investors Target Large Cities and Assets Least Disrupted by Health Crisis
Real estate investors in Europe are increasingly targeting large cities and assets minimally disrupted by the health crisis which ensure stable incomes, such as logistics and residential, ac...
Traffic on Otopeni Airport Down to 4.4 Million People in 2020
Only 4.4 million passengers passed through the Otopeni (Henri Coanda) Airport in Bucharest in 2020, compared with almost 15 million in 2019. The decline therefore stood at 70%, reflecting th...
Road Transportation Industry Down 13% to RON43B in 2020
The road transportation industry suffered as a result of the pandemic, as well as due to the new European regulations in 2020. It dropped 13% to 43.6 billion lei compared with 2019, accordin...
Romanian Forex Market Ends 2020 with Average Daily Transactions of EUR1.47B
The foreign exchange market in Romania was animated in 2020 and registered an average daily transaction volume of EUR1.47 billion, 10.2% lower than in 2019, central bank data showed.
December 2020 Marks 4th Month of Growth for New Car Registrations in Romania
December was the fourth consecutive month of growth in new vehicle registrations in Romania, although the market registered an overall contraction of 22.6% for the full year, data from the c...