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JLL: Office Market in Romania Drops 36% in 2020
Real Estate

JLL: Office Market in Romania Drops 36% in 2020

The office market in Romania contracted 36% in 2002 from a record level of 470,000 square meters registered in 2019, to just 300,000 sqm, real estate consultancy company JLL Romania said in...

Oana Gavrila · 12.01.2021 · 10:49 · 1 min
Deloitte: M&A Activity in Romania Remained Stable in 2020
Analysis

Deloitte: M&A Activity in Romania Remained Stable in 2020

The mergers & acquisitions market in Romania was stable in 2020, with 91 transactions, compared with 110 in 2019, Deloitte said in a report Monday.

Oana Gavrila · 11.01.2021 · 12:01 · 1 min
Dunwell: Industrial Transactions Reach 650,000 Sqm in 2020, Up 38% on Year
Real Estate

Dunwell: Industrial Transactions Reach 650,000 Sqm in 2020, Up 38% on Year

Over 650,000 square meters of warehousing space was traded in Romania in 2020, 38% more than in 2019, industrial brokerage firm Dunwell said in a market report Monday.

Oana Gavrila · 11.01.2021 · 11:42 · 1 min
Three DIY Retailers Announce Six New Stores in Romania in Next Two Years
Analysis

Three DIY Retailers Announce Six New Stores in Romania in Next Two Years

At least six new DIY stores should open in Romania in the next two years. They will be part of the Leroy Merlin, Hornbach and MAM Bricolaj, data centralized by ZF from the announcements of t...

Loredana Frățilă-Cristescu · 11.01.2021 · 11:08 · 2 min
2020 Pandemic Winners: Home Appliances Plants
Analysis

2020 Pandemic Winners: Home Appliances Plants

Home appliances plants worked around the clock to meet rising demand from consumers in 2020, who stayed home and invested in household goods.

Loredana Frățilă-Cristescu · 11.01.2021 · 10:24 · 1 min
Ready Meals Market Set to Grow to Over RON400M in 2021
Companies

Ready Meals Market Set to Grow to Over RON400M in 2021

Sales of ready meals will amount to more than 400 million lei in 2021, following 13% growth year-on-year, market research company Euromonitor estimates show.

Loredana Frățilă-Cristescu · 06.01.2021 · 13:35 · 1 min
EY Study: Consumer Behavior Changes to Boost M&A Activity in 2021
Analysis

EY Study: Consumer Behavior Changes to Boost M&A Activity in 2021

This year will bring interesting opportunities on the Romanian mergers and acquisitions market in terms of political change, consumer behavior and entrepreneurs' ability to adapt to the chal...

Oana Gavrila · 05.01.2021 · 12:54 · 2 min
2021 Trends: It All Depends on COVID Progress
Analysis

2021 Trends: It All Depends on COVID Progress

Romania’s economy should grow by 4%, recouping only part of the 2020 loss, but the trend is up to many unknowns – first of which the rate of vaccination against COVID-19. Judging by how it s...

Loredana Frățilă-Cristescu · 04.01.2021 · 11:16 · 5 min
Processing Industry Lost Most Employees in 2020
Analysis

Processing Industry Lost Most Employees in 2020

The processing industry lost 63,400 employees in October 2019 – October 2020, going from 1,149,200 people to 1,085,800, National Statistics Institute data show

Loredana Frățilă-Cristescu · 30.12.2020 · 10:24 · 1 min