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Sales Of PET-Bottled Beer Down To Less Than 45% Of Market In 2019
Companies

Sales Of PET-Bottled Beer Down To Less Than 45% Of Market In 2019

The share of PET-bottled beer in the total sales dropped by about 3% in 2019 compared with the previous year and reached 44.5%, Brewers of Romania Association data show.

Loredana Frățilă-Cristescu · 23.04.2020 · 09:56 · 1 min
Colliers: Non-Food Retailers Expect 30% Drop in Sales this Year
Retail&Consumer

Colliers: Non-Food Retailers Expect 30% Drop in Sales this Year

Non-food retailers, among the most affected by restrictions due to the Covid-19 pandemic, expect their sales will drop by an average 30% by the end of the year, according to a Colliers Inter...

Oana Gavrila · 22.04.2020 · 11:48 · 1 min
Mercer Marsh Poll: Just 17% of Companies Froze Salaries, 3% Considering Cuts
Analysis

Mercer Marsh Poll: Just 17% of Companies Froze Salaries, 3% Considering Cuts

Over half of the 160 companies polled by Mercer Marsh Benefits in Romania halted office activity, 17% froze salaries, 3% are considering salary cuts and 60% have already raised wages this ye...

Oana Gavrila · 21.04.2020 · 14:03 · 1 min
New Source Of Jobs During COVID-19: Companies That Make Disinfectants and Protective Gear
Companies

New Source Of Jobs During COVID-19: Companies That Make Disinfectants and Protective Gear

Romtehnochim, D&C Industry and Laboratoarele Merlin are getting ready to hire soon, after receiving the greenlight from the authorities to make disinfectants. More than 100 companies have re...

Loredana Frățilă-Cristescu · 17.04.2020 · 09:00 · 2 min
Macroeconomics

Raiffeisen Bank Chief Economist Says Govt GDP Growth Forecast Is Overly Optimistic

The Romanian government's economic growth projection of 1.9% of GDP for this year is overly optimistic, Raiffeisen Bank chief economist Ionut Dumitru told Ziarul Financiar.

Oana Gavrila · 16.04.2020 · 16:32 · 1 min
CBRE: Real Estate Investments in Romania Reach EUR120.9M in 1Q/2020
Real Estate

CBRE: Real Estate Investments in Romania Reach EUR120.9M in 1Q/2020

Investments on the Romanian real estate market amounted to EUR120.9 million in the first quarter of 2020, of which 85% were acquisitions of office and industrial spaces, real estate consulti...

Oana Gavrila · 16.04.2020 · 15:29 · 2 min
Colliers: 9 in 10 Office Building Tenants Expect to Return to Offices in Summer
Real Estate

Colliers: 9 in 10 Office Building Tenants Expect to Return to Offices in Summer

Nearly 70% of office owners and tenants expect the Covid-19 pandemic will affect their activity all year and estimate the first signs of recovery no sooner than 2021, according to a poll by...

Oana Gavrila · 16.04.2020 · 12:46 · 2 min
Romanian Beer Market Stable in 2019, at 16.7 Million Hectoliters
Retail&Consumer

Romanian Beer Market Stable in 2019, at 16.7 Million Hectoliters

Romania’s beer market remained constant in 2019, at around 16.7 million hectoliters, just 0.4% higher than in 2018, the Romanian Brewers Association said Wednesday.

Oana Gavrila · 15.04.2020 · 14:21 · 2 min
Top Five DIY Retailers In Romania Have More Than 100 Stores Together
Analysis

Top Five DIY Retailers In Romania Have More Than 100 Stores Together

The five largest DIY retail chains in Romania have 116 stores and generate more than RON12.1 billion revenue together, according to their 2018 reports, which are the latest available data.

Loredana Frățilă-Cristescu · 15.04.2020 · 09:00 · 1 min