Analysis
Romanian Consumers Spend RON650M on Organic Food a Year
Romanian consumers spend about 650 million lei on organic food (or 1.2% of the entire spending on food in the country), ZF has calculated from the data supplied by market research company Re...
Romania Ranks 9th in the World Among Exporters by Average Price of Footwear
Romania exported 37 million pairs of footwear last year, worth a total $930 million, the World Footwear report shows, which looks at the footwear industry of each country.
Top Five Lenders Account For 78% Of Romania’s Entire Banking System Profit in Jan-Sept
Most major banks in Romania posted lower profits in the first nine months compared with the year-ago period, due to the effects of the pandemic, which forced them to set aside larger provisi...
EY: 46% of Investors Cancelled, Decreased or Paused Investments in Romania in 2020
In Romania 46% of investors cancelled, decreased or paused investments, while 51% did no changes or increase in their investment plans, according to the EY Attractiveness Survey Romania, the...
Online Commerce Borders Breaking Down as Retailers Add New Product Categories
Retailers and especially the online ones have started to diversify portfolios to be able to cope with fiercer and fiercer competition and meet customer demand to find everything in one place...
UiPath Remains Most Valuable Company in Romania in 2020
Robotic process automation developer UiPath remains the leader of the 100 most valuable companies in Romania ranking, a position it first took in 2019, followed by Hidroelectrica and OMV Pet...
Lack of Holiday Parties Could Put Romania’s Hotel Industry Below 2008 Level
While many hotels and other accommodation facilities used to be booked for winter holidays already at this time of the year, the pandemic took people’s joy of spending Christmas and New Year...
Only One Major Deal in Construction Sector Since Start of 2020
Only one major deal has been closed in the construction sector so far in 2020, the takeover of the Steel division of TerraPlast group compared with four such moves in 2019. The construction...
Dermo-Cosmetics Sales in Romania Down 0.5% YoY in 3Q, to RON72.5M
Romanians bought RON72.5 million (EUR15 million) worth of dermo-cosmetics in pharmacies in the third quarter of 2020, down 0.5% compared with the same period last year but up 24% compared wi...