Analysis
Romanian Exporters and Importers Expect Sharp Contractions for March
One third of Romanian exporters expect exports to drop by an annual 25% in March, while 12% have a more pessimistic view, expecting exports to drop 25% to 50%, according to a poll by the cou...
Banca Transilvania Expects Romanian Economy To Feel Pandemic Shock in March-May
Romania's economy could feel the biggest shock of the Covid-19 pandemic in the March-May 2020 period, said Andrei Radulescu, chief macroeconomic analyst at Banca Transilvania.
Massive Social Cost Of Crisis: One In Four Employees Sent Home, 190,000 Lost Their Jobs Altogether
Almost one in four employees in companies was either furloughed or without a job by April 6, the data centralized by the Labor Ministry daily show. A number of 1.14 million employment contra...
Eurostat: Romania’s Calarasi, Ialomita Place 3rd, 7th In European Top Of Agriculture’s Share In Local Economy
Romanian counties of Calarasi and Ialomita are ranked among top European regions regarding the share held by agriculture in the region’s gross value added, placing third and seventh in the E...
Pandemic Hits Romanian Dacia's 1Q Sales in Europe
Dacia registrations have been severely affected by the coronavirus pandemic and the Romanian carmaker's sales were among the hardest hit in Europe.
BestJobs: Romanians Mainly Sought Remote Jobs in March
Romanians looking for jobs have changed their search criteria in March and sought mainly remote jobs and positions that would allow them to work form home amid traffic restrictions and other...
Six Weeks Of Shutdown For Auto Industry: Over EUR3.7B Losses, 70,000 Cars Not Made
The extension of the furlough period in the auto industry will lead to additional losses for the local automotive industry, which should have reached a new all-time high this year, thanks to...
Online Orders To Drive Courier Market Up To RON5.4B In 2020
The mail and courier market, one of the sectors where the 2009 crisis did not shake the large businesses, could be a winning sector this year, too, considering it is one of the few still wor...
MKOR Consulting: One In Four Romanians Face Pay Cuts Since Start Of Coronavirus Crisis
After less than three weeks since the start of the coronavirus crisis, almost one in four Romanians already faced pay cuts, according to a survey by research firm MKOR Consulting.