Analysis
GfK: Europeans Have EUR773 Less in 2020 due to COVID-19; Romania Ranks 31/42
Europeans have an average per capita purchasing power of EUR13,894 in 2020, down 5% on the year, but disposable income among the 42 studied countries varies significantly, according to the G...
C&W Echinox: Bucharest Office Vacancy at 10.8%, Seen Rising in Short Term
The use of offices is about 40-50% of the usual level before the outbreak of the pandemic, while the the vacancy (contractual) rate of office spaces is 10.8%, with a significant difference b...
Local Grocery Store Chains Growing Faster Than International Rivals in Romania
Sales of local supermarkets, i.e. of those part of chains held by local entrepreneurs, rose 17% in May-October, which is the fastest rate of all analyzed by market research company RetailZoo...
Colliers: Store Traffic Drops but Retail Sales Grow in 3Q
Nearly one third of retailers had similar or higher sales in the third quarter compared with the same period in 2019 although 85% registered a drop in traffic, a survey by real estate consul...
Ten Most Profitable Businesses in Romania Made RON10.6B Net Profit in 2019
The ten most profitable companies in Romania made more than 10.6 billion lei net profit last year, ZF has found from Trade Register data.
BestJobs: Romania Job Market Stays Active; Applications Up 73% in October
Companies had 73% more job applications for open positions in October compared with October 2019 and 5% more compared with September, data from online recruiting platform BestJobs showed Fri...
Insurance Market Posts 51% Rise in Net Profit to RON100.9M in H1
The insurance market ended the first half with 100.9 million lei profit, 51% more than in the year-ago period, Financial Supervisory authority (ASF) data show.
Romania Had Second Lowest Tax-to-GDP Ratio in EU in 2019, of 26.8%
Romania had a tax-to gross domestic product ratio of 26.8% in 2019, the second lowest level among European Union member states, ahead of Ireland (22.7%) and after Bulgaria (30.3%), Eurostat...
CBRE: Retail, Logistics, Delivery Drive Industrial Space Deals
The industrial space sector was the star of the real estate market this year and companies in retail and related services, namely logistics and delivery, were the most active investors, a ma...