Analysis
Romania Property Investment Market Grows 31% in Jan-Sept, to EUR738M
The property investment market in Romania exceeded EUR738 million in the first nine months of 2002, 31% higher compared with the same period in 2019, and office transactions accounted for ne...
Colliers: 3 in 4 Tenants Expect Lower Office Rents by End-2021
Three in four office tenants expect rent will decline by the end of 2021 and nearly 75% of office tenants and owners think the pandemic will continue to affect their operations, a survey by...
Car Sales Decline in Romania Over Covid Crisis, Electric Car Sales Rising
Car sales on the Romanian market dropped 32.3% on the year in the fist nine months of 2020, under the impact of the Covid-19 pandemic, data from the Automotive Manufacturers and Importers As...
IMF Improves Outlook for Romania's GDP Contraction to 4.8%
The International Monetary Fund estimates Romania's economy will contract by 4.8% this year, a slightly milder contraction compared with the 5% estimated in April, according to the latest Wo...
School Start Leads to 19% Growth in FMCG Sales
Sales of fast-moving consumer goods varied a lot from week to week in Romania in the first nine months of the year, depending on the latest developments on the market, the steps taken by the...
Top 20 Hotel Companies Based in Bucharest Post RON1.1B Revenue in 2019
The top 20 hotel companies by revenue, which are based in Bucharest, posted 1.1 billion lei revenue in 2019, Trade Register Office data show.
Office Space Market Shows Signs of Rebound in Q3
A number of 37 deals for 62,500 square meters of office space were signed in the third quarter, an increase of 14% on the year-ago period, real estate consultant Knight Frank says.
C&W Echinox: New Metro Line Serves 150,000 Residents and 20,000 Employees in Modern Offices
The Raul Doamnei - Eroilor section of the M5 metro line, inaugurated in September, will shorten travel time for 150,000 residents and almost 20,000 employees working in office buildings loca...
Romania’s Future Retirees Own 21.6% In Banca Transilvania, 27.5% In MedLife And, 8.4% In OMV Petrom
Romania’s future retirees, or 7.6 million people who pay 3.75% of their monthly gross income into a pension account have become – unknowingly for most of them, the largest investors on the B...