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EY Romania: Despite Capital Market Benefits, Romanian Entrepreneurs Prefer Bank Financing
Capital Market

EY Romania: Despite Capital Market Benefits, Romanian Entrepreneurs Prefer Bank Financing

The COVID-19 pandemic drove IPO activity down in the first half of 2020 but a notable rebound is expected in the second half, according to the EY Global IPO trends quarterly report released...

Oana Gavrila · 19.08.2020 · 15:33 · 2 min
National Pharmacy Chains Sales Down 14% in H1
Health

National Pharmacy Chains Sales Down 14% in H1

The pharmaceutical market in Romania reached 8.7 billion lei in the first half of 2020, 3.9% lower than in the year-ago period, market research company Cegedim data published in the Antiobit...

Loredana Frățilă-Cristescu · 19.08.2020 · 09:20 · 1 min
Top 30 Employers in Romania’s Automotive Industry Shed 10,000 Jobs in 2019
Automotive

Top 30 Employers in Romania’s Automotive Industry Shed 10,000 Jobs in 2019

The top 30 employers in Romania’s automotive industry (car and component manufacturing) slashed 10,000 jobs in 2019 compared with 2018. This was the first time in five years when the industr...

Loredana Frățilă-Cristescu · 19.08.2020 · 09:00 · 1 min
Trading Value on Bucharest Stock Exchange Grows 5% in Jan-July, to EUR1.38B
Capital Market

Trading Value on Bucharest Stock Exchange Grows 5% in Jan-July, to EUR1.38B

The total trading value for all the financial instruments traded on the Bucharest Stock Exchange in the first seven months of the year stood at RON6.67 billion, or EUR1.38 billion, up 5% fro...

Oana Gavrila · 18.08.2020 · 17:11 · 1 min
Discount Stores Account for 20% of Modern Retail in Romania
Retail&Consumer

Discount Stores Account for 20% of Modern Retail in Romania

Discount retail chains – Lidl, Penny and Supeco, now account for one fifth of the modern retail sales, after their sales went up twice faster than the market on average last year.

Loredana Frățilă-Cristescu · 18.08.2020 · 09:55 · 1 min
ING Bank: Romania's Economic Rebound Looks Slower Than Expected
Analysis

ING Bank: Romania's Economic Rebound Looks Slower Than Expected

Romania's second-quarter GDP contraction of 12.3% compared with the first quarter was broadly in line in market expectations and while the data are mildly positive, ING Bank maintains its 5....

Oana Gavrila · 14.08.2020 · 13:59 · 1 min
CBRE: Property Investments in Romania Total EUR395M in 1H, 88% Are Offices
Real Estate

CBRE: Property Investments in Romania Total EUR395M in 1H, 88% Are Offices

Romania’s property investment volume in the first half of 20202 amounted to EUR395 million, 17% higher on the year, and offices accounted for 88% of traded volume, real estate consultancy co...

Oana Gavrila · 13.08.2020 · 16:55 · 1 min
Romanians Spent 70% Less on Vacations Abroad in 2Q/2020
Retail&Consumer

Romanians Spent 70% Less on Vacations Abroad in 2Q/2020

Romanians spent just EUR328 million on vacations abroad in April-June this year, 70% less compared with EUR1.2 billion, under the impact of the coronavirus pandemic on the travel industry.

Oana Gavrila · 13.08.2020 · 15:03 · 1 min
Colliers: Retail Sector Generates 50% of Industrial & Logistics Space Deals in 1H/2020
Real Estate

Colliers: Retail Sector Generates 50% of Industrial & Logistics Space Deals in 1H/2020

Total demand for industrial and logistics space reached 249,000 sqm in the first half of the year, roughly unchanged compared with the same period last year, as retail and FMCG companies gen...

Oana Gavrila · 11.08.2020 · 12:24 · 2 min