Analysis
Furniture Plant Shutdown Could Cut EUR1B Of Romania’s Exports
The furniture industry, one of the few industries that generate trade surplus for Romania, is one of the worst hit sectors by the coronavirus crisis and exports of beds, mattresses or wardro...
Banca Transilvania Expects Private Lending To Slow Down To 3.8% In 2020 Vs 7.6% In 2019
Private lending in Romania is expected to slow down its growth rate to 3.8% in 2020, from 7.6% in 2019, the biggest of the last decade, while the deposits held in banks in Romania by the pop...
Colliers: Bucharest's Service-Based Economy Relatively Shielded from Pandemic
Bucharest is among the service hubs in Europe most shielded from the negative effects of the coronavirus pandemic and its office market is expected to be less affected or recover more quickl...
Leading Online Fashion Retailers Expect Overall Decline In Fashion Sales In Romania, Online Segment Not As Affected
Online sales of fashion – apparel, footwear and accessories in Romania will not be as affected by the coronavirus pandemic as sales in physical stores considering most people are staying hom...
Ten Sectors Working In Full Gear In Romania Amid Coronavirus Pandemic
Telecom watchdog ANCOM estimates traffic in the communications networks will surge by up to 50% over the coming period * Jean Valvis, the chairman of Valvis Holding: Sales are up 250% to 300...
Mineral Water Bottlers See Surge in Sales, Work At Capacity
Mineral water bottlers have seen growth of 50% in sales since the beginning of March compared with the year-ago period, fueled by the rising food and beverage purchases made by Romanian cons...
Survey: Bucharest-Ilfov Ranks Third Among 10 Most Dynamic Regions In Eastern Europe By FDI Potential
The Bucharest - Ilfov region in Romania ranks third among the ten most dynamic regions in Eastern Europe from the perspective of the potential for foreign direct investments (FDI) and first...
SMEs Call for Urgent Government Action to Navigate Covid-19 Crisis
Around 98.6% of small and medium-sized businesses in Romania say their activity will be deeply affected in the upcoming period by restrictions imposed in a bid to limit the spread of Covid-1...
PwC: One in Five Companies Sees Revenue Drop amid Covid-19 Pandemic
Around 18% of companies in Romania expect their revenues to drop by as much as 20% due to the impact of the Covid-19 pandemic, while a large majority of companies (65%) have not yet assessed...