Analysis
Romanian Insurance Market Grows 4.8% in Jan-Sept, to RON8.5B
The Romanian insurance market registered gross underwritings of RON8.5 billion in the first nine months of 2002, up 4.8% on the year, an official of the financial authority said Wednesday.
Toy Retail Sees 10% Growth in Sales to Over RON1B in 2019
Toy retail, a rising market in the past few years, ended 2019 with 1 billion lei total sales by the companies in the business of retail sale of games and toys in specialized stores, Trade Re...
Over 50 Romanian Plants Risk Losing Orders due to Problems of UK Fashion Brands
Romania is one of the main European suppliers of the major British fashion brands Debenhams, Topshop, Dorothy Perkins and Wallis, which have announced store closures or filed for insolvency...
JLL: Industrial and Logistics Deliveries in Jan-Sept Matched Demand
Developers delivered 410,000 square meters of industrial and logistical space in the first nine months of 2020, nearly fully absorbed by demand which stood at 392,000 sqm, JLL said in its Bu...
Office Space Occupancy Costs Represent 3-4% of Turnover of Service Companies in Bucharest
The occupancy costs of office spaces represent on average 3% to 4% of the turnover of service companies in Bucharest, and may fall even below 2% in some cases, according to an analysis by re...
Romania’s Furniture Exports Down in Jan-July
Germany, France and Italy were the top three export destinations for Romania’s furniture production in January-July 2020, data from Romania’s association of furniture manufacturers APMR show...
Pet Care Product Market Headed Towards RON3B
Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company Euromonitor show. While many sectors of the economy hav...
New Car Registrations in Romania Drop 25.3% in Jan-Nov
New car registrations in Romania decreased 25.31% on the year in January-November, to 110,377 units, data from the association of automotive manufacturers in Romania (ACAROM) showed Wednesda...
Covid Crisis Increases Residential Rental Supply in Bucharest
The coronavirus crisis is starting to show effects on the residential rental market and the number of properties for rent has increased, according to a research by real estate consultancy co...