Analysis
Traffic on Henri Coanda Airport Still Low in October
Fewer than 300,000 people passed through the Henri Coanda (Otopeni) Airport in Bucharest in October, compared with almost 1.3 million in the year-ago month, according to the National Company...
Romania Outsourcing Industry Employs 131,000 People in 2020
The business services industry in Romania had 131,000 employees in 2020, the same as in 2019, and generated revenues of EUR4.5 billion, according to a survey by Romania Business Service Lead...
EY Study: Half of Romanian Drivers Postponed Buying a Car or Chose Cheaper Option
The COVID-19 pandemic caused half of Romanian drivers (50.7%) to change their plans to buy a car and choose a cheaper car or postpone the purchase, according to a EY survey on car buying hab...
Cegedim: Medicine Market Drops 2.1% by Volume, 4% by Value in Past 12 Months
Romanians bought 614 million packs of medicines in the period October 2019 - September 2020, down 2.1% on the year, Cegedim's Pharma & Hospital Report showed Monday.
Analysts Expect W-Shaped Recovery after Worse than Expected 3Q GDP Data
Analysts expect Romania's economy recovering slower and more gradually after Friday's flash GDP data which showed a 6% annual contraction in the third quarter, worse than the -4.4% market ex...
Online Fashion Sales Headed to EUR1B in Romania in 2020
Romanians spend some EUR5 billion on apparel, footwear and sporting goods a year and online sales used to account for about 10% of that until the pandemic, ZF has estimated based on market d...
Computer and Electronics Industry Seems Immune to Pandemic
The computer and electronics industry put at EUR3.5 billion last year seems to be immune to the pandemic considering people are no longer spending money on vacations, on going out or on clot...
EBRD Sees Romania's GDP Contracting 5% in 2020
The European Bank for Reconstruction and Development(EBRD) expects Romania's economy will contract by 5% in 2020 and recovery will be slow, with just 3% growth in 2021.
EY Study: Pandemic to Disrupt Consumer Holiday Shopping Plans
The COVID-19 pandemic will disrupt consumer holiday shopping plans worldwide, according to the fifth edition of the EY Future Consumer Index released Tuesday.