Analysis
Number Of Employees In Romania’s Footwear Manufacturing Business Down To Half In A Decade
Footwear manufacturing industry employed only about 38,000 people at the end of 2018, the latest officially available data show, half the number a decade ago.
Foreign Grocery Retailers To Invest EUR1B In Opening 400 New Stores In 2020
Foreign grocery retailers will be spending almost EUR1 billion this year to open 400 new stores, develop new logistics facilities, online commerce and go digital.
Romanian Auto Market Sees 7th Year of Growth in 2019
Romania's auto market saw its seventh consecutive year of growth in 2019, with 606,163 new vehicle registrations, up 0.3% compared with 2018, as new car sales grew 23% and used car sales dec...
Romania, Bulgaria Have Lowest Work from Home Rates in EU
Romania and Bulgaria had the fewest number of people working from home in 2018, of 0.4% and 0.3% respectively, compared with a European average of 5.2%, Eurostat data showed Thursday.
ING Survey: Home Ownership is Main Saving Goal for Two in Five Romanians
Among Europeans, Romanians are the most interested in saving to buy a home, as 84% find owning preferable to renting, while 21% don't think they could afford to buy their own home, a survey...
Medicine Sales in Pharmacies, Hospitals Grow 11% in Value in 2019, to RON17.8B
The value of medicine sold in pharmacies and in hospitals amounted to RON17.82 billion at wholesale prices in 2019 , up 10.9% compared with 2018, according to an analysis by Cegedim Customer...
KeysFin: Insolvencies in Romania Drop to All-Time Low in 2019
Romania had the lowest number of insolvencies on record in 2019, 6,500, 27% fewer than in 2018 and 67% fewer than in 2009, while the number of active companies and authorized individuals rea...
Eurostat: Romania Had Highest In-Work Poverty Risk in EU in 2018
Romania was the EU country with the highest in-work at-risk-of-poverty rate in the European Union in 2018, with 15.3% of its employed population at risk, Eurostat data showed Friday.
C&W Echinox: Real Estate Deliveries Topped 1 Million Sqm in 2019
Real estate developers delivered offices, retail spaces and logistic parks totaling over 1 million square meters in 2019, according to a report by real estate consultancy firm Cushman & Wake...