Analysis
BestJobs Poll: Three In Ten Romanians Work From Home, Believe Crisis Will Last Two More Months
Nearly 29% of total employees in Romania participating in a poll conducted by BestJobs said they current work from home and believe the current crisis generated by the coronavirus will last...
The Surge Before The Freeze: Romania Smartphone Market Up Almost 20% In Value In Jan And Feb
Romania’s smartphone market had stated the year with several percent rise in the number of units delivered and a significant rise in value, almost 20% before the coronavirus struck and the e...
Edelman: Consumers Expect Companies To Find Solutions To Coronavirus-Led Crisis
Companies must come up with solutions to help address the societal challenges posed by Covid-19, instead of selling passion or image, and brands play a critical role during this period, as t...
Sales Of New Homes On Hold, Developers Say
Sales of homes were put on hold a few weeks ago as people are spending more time in their homes and cannot go see homes and there are uncertainties about the economic situation after the COV...
KeysFin: Romanian Pharmaceutical Industry To See Record Sales Due to Pandemic
The Romanian pharmaceutical industry will see record sales in 2020 on increased demand prompted by the coronavirus pandemic, according to KeysFin estimates.
Restaurant Market Could Halve Due To Pandemic To RON7B In 2020
Romania’s restaurant market could halve to RON7 billion due to the current pandemic in 2020, as it is one of the worst hit industries along with bars and hotels. All restaurants are closed n...
ING Sees Romania GDP Contracting 6.6% in 2020
The reality of the Covid-19 crisis will bite severely into the real economy and Romania's GDP is seen contracting by 6.6% in 2020, with a second quarter to forget, followed by a less pronoun...
Erste Group Sees Romania GDP Growth Contracting 4.7% in 2020
Austria's Erste Group, which owns lender BCR in Romania, said in a research report it sees the country's GDP contracting by 4.7% in 2020 and the budget deficit is likely to widen to 7.3% of...
Romania Has 388 Plants That Make Protective Gear For Various Sectors, Medical Sector Included
Romania has 388 plants that make protective gear for various sectors from heavy industry to mining, with RON471 million revenue and 4,500 employees in 2018, according to confidas.ro, a platf...