Analysis
C&W Echinox: Romanians Will Spend More Time Outdoors, Prefer Domestic Vacations after Lockdown
Two months of lockdown and the lingering danger of infection will influence Romanian consumer habits, as people will be tempted to spend more time outdoors and domestic vacation destinations...
Colliers: Shopping Malls Invested EUR0.5M for Safe Reopening after Lockdown
Shopping centers are preparing to reopen on June 15 and invested over EUR500,000 on safety measures and staff, real estate company Colliers International said Thursday.
AmCham: Keeping Romania in Investment Grade Should Be an Economic Policy Priority
Standard & Poor’s maintaining of Romania’s sovereign rating at “BBB- with negative outlook” reflects the realities of the country's economy after the shock of the COVID-19 pandemic and econo...
FP Urges Parliament to Reject Bill Suspending Sales of State-Owned Shares
Property restitution fund Fondul Proprietatea (FP.RO) urges lawmakers to reject a bill that would suspend all disposals of shares owned by the Romanian state a period of two years.
Analysts Criticize Bill Banning Sale of State Shares in Companies, Banks
A bill banning the sale of state shares in state-owned companies, banks or any other company for two years to protect national interest in the economy would hinder the development of the loc...
Poland Is Romania’s Main Source of Clothing Imports
Romania imported EUR1.8 billion worth of clothing last year and its imports have doubled in value in the past six years, Eurostat data show.
At Least 10% of Corporate Employees Could Lose Their Jobs in H2 Due to Recession
The economic downturn along with the rethinking of business plans will lead to layoffs in the major companies in the next few months, market data show. At least 10% to 20% of the corporate e...
Romanian Economy Takes Steps Towards Recovery
The economy is slowly recovering after the almost three months of isolation and businesses are resuming operations, adjusting to the new conditions.
EY: Renewable Energy Sector Expected to Bounce Back Quickly Despite COVID-19 Impact
The renewable energy sector is expected to bounce back quickly despite the global slowdown caused by COVID-19, as the long-term drivers for investment remain strong, according to the EY Rene...