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2019 in Review: Most Important Events in Grocery Retail Sector
Retail&Consumer

2019 in Review: Most Important Events in Grocery Retail Sector

Grocery retail, a EUR20 billion market a year was the stage of deals between foreign and local actors. Foreign chains continued to cement their position with new openings from scratch of sev...

Loredana Frățilă-Cristescu · 23.12.2019 · 09:48 · 4 min
2019 in Review: Most Important Events in Insurance Sector
Banks-Insurance

2019 in Review: Most Important Events in Insurance Sector

The year 2019 was a year of changes and shift to new technological solutions for the insurance sector, with insurers developing solutions and partnerships to be able to improve efficiency of...

Loredana Frățilă-Cristescu · 23.12.2019 · 09:45 · 3 min
2019 in Review: Most Important Events in Banking Sector
Analysis

2019 in Review: Most Important Events in Banking Sector

Hefty profitability, continued consolidation and restructuring of banks, improvement of portfolio quality, following sale of non-performing loan portfolios and a lending rebound – all of the...

Loredana Frățilă-Cristescu · 20.12.2019 · 09:47 · 6 min
Only Three Construction Companies Employ More Than 1,000 People
Companies

Only Three Construction Companies Employ More Than 1,000 People

Hidroconstructia, Energmontaj, Imsat, Astaldi, Electromontaj are the top five employers in the construction sector with 900 to 1,500 employees each, according to the data the National Trade...

Loredana Frățilă-Cristescu · 20.12.2019 · 00:00 · 1 min
Housing Prices Grow 7% YoY in 4Q
Real Estate

Housing Prices Grow 7% YoY in 4Q

Asking prices for housing in Romania grew 7% on the year in the fourth quarter of 2019, according to a housing market report by Imobiliare.ro.

Oana Gavrila · 19.12.2019 · 12:01 · 1 min
Colliers: Real Estate Deals in Romania to Reach EUR600-700M in 2019
Real Estate

Colliers: Real Estate Deals in Romania to Reach EUR600-700M in 2019

Real estate transactions in Romania will reach EUR600-700 million in finalized contracts by the end of 2019 and 2020 will start with transactions of over EUR600 million currently under advan...

Oana Gavrila · 19.12.2019 · 10:51 · 1 min
Best Year for Modern Retail in Romania
Retail&Consumer

Best Year for Modern Retail in Romania

More than 400 grocery stores have opened in 2019, making it the best year in local modern retail ever. Modern retail in Romania started with the arrival Metro Cash & Carry in 1996.

Loredana Frățilă-Cristescu · 19.12.2019 · 10:49 · 1 min
2019 in Review: Most Important Events in Tourism Sector
Companies

2019 in Review: Most Important Events in Tourism Sector

The tourism market keeps getting bubblier and bubblier, following the entry of Germany’s Dertour, which bought the travel division of Eurolines, the owners of Christian Tour will be operatin...

Loredana Frățilă-Cristescu · 19.12.2019 · 10:02 · 4 min
Insurance Companies in Romania Report RON8B Underwritings in Jan-Nov, Up 9% YoY
Analysis

Insurance Companies in Romania Report RON8B Underwritings in Jan-Nov, Up 9% YoY

Insurance companies in Romania underwrote gross premiums of RON8.13 billion in the first nine months of 2019, up 9% on the year, data from the financial regulator ASF showed Wednesday.

Oana Gavrila · 18.12.2019 · 11:46 · 2 min