Analysis
Housing Prices See Moderate Decline in Five of Six Major Romanian Cities in July
Asking prices for housing in Romania declined 1.8% in July compared with June and five out of six major cities registered moderate declines, according to a housing market report by Imobiliar...
Romania Registers 50,153 Real Estate Deals in July
The number of real estate deals in Romania stood at 50,153 in July, 3,335 more compared with June, data from the national cadastre agency ANCPI showed Friday.
Only 6% Of Romanians Say Their Income Ensure A Financially Carefree Lifestyle, Survey Shows
Only 6% of Romanians say their current income ensure a financially carefree lifestyle and a little over 14% keep an in-depth written record of their expenses, per a Novel Research survey.
Hotels in Romania Record All-Time Lows as COVID-19 Restrictions Curtail Travel Demand
Hotels in Romania are recording all-time low results as the COVID-19 pandemic and related restrictions have curtailed demand from foreign travelers and job cuts in the industry may reach 38%...
Romania's Footwear Exports Decline 14% in 2019
Romania exported $930 million worth of footwear in 2019, the lowest value since 2006, the first year for which data are available. 2019 was the first in the past 15 years when footwear expor...
Card Payments in Romania Grow 10% Since Pandemic Outbreak
The value and number of card payment transactions increased 10% since the outbreak of the coronavirus pandemic, speeding up digitization in the banking system, central bank data showed.
Number of Insurance Contracts Grows 3.4% in 1Q/2020
Insurers in Romania recorded more than 15.7 million policies at the end of the first quarter of 2020, up 3.4% compared with the same period in 2019, financial watchdog data showed.
C&W Echinox: Bucharest Calea Victoriei Area to Attract EUR300M Investments
Calea Victoriei in Bucharest, a 2.8-kilometer-long artery downtown, will continue to grow as an office and hotel hub in the next years as developers plans to build seven new office buildings...
JLL: Commercial Deals in Romania Grow 21% in 1H/2020; 90% of Volume in Bucharest
The volume of commercial real estate deals, which include office, retail, industrial and logistical projects and hotels, grew 21% on the year in the first half of 2020, heavily driven by off...