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Trade Registry: Number Of Startups In Romania Up 51.4% In February 2016
The number of limited liability companies – startups (SRL-D) in Romania, a type of business launched on the Romanian market in 2011, based on a national startup financing program, reached 27...
Eurolines Passenger Numbers Up 4.5% In 2015
Touring Europabus (Eurolines) of entrepreneur Dragos Anastasiu carried 135,000 Romanian passengers in its buses on international routes last year, 4.5% more than in 2014, the company officia...
Leu-Denominated Consumer Loans At Six-Year High
Leu-denominated consumer loans reached 31.6 billion (EUR7 billion) in February, an increase of 14% on the year-ago month. Leu-denominated personal loans therefore reached the highest level s...
Romanians Spent RON16B In Fashion Stores In 2015
Romania’s apparel, footwear and sporting goods market increased by more than 5% to 16 billion lei (EUR3.6 billion) last year, according to market research company Euromonitor data.
Entersoft Romania Expects 30% Higher Turnover In 2016
Entersoft Romania’s turnover exceeded half a million euros in 2015 and is expected to increase by at least 30% in 2016, while its profit is expected to see double-digit growth this year, the...
Private Labels Up To 20% Of Grocery Retail
Private labels increased their market share to 20% of the grocery retail segment at the end of last year.
Number Of Apartments Completed In 2015 Up 5% To 47,000 Units
The number of apartments finalized last year in Romania rose 5% on the year, to approximately 47,000 units, a level exceeded only in 2010, when the number of finalized apartments rose by nea...
Bucharest Hotel Occupancy Rate Up To Five-Year High In 2015
The occupancy rate of hotels in Bucharest rose by 8.6% to 68% last year, making 2015 the best year in the last five, ZF has found from analyzing research company STR Global data.
Henri Coanda Airport In Bucharest Sees Second Highest Growth In Region
Henri Coanda (Otopeni) International Airport in Bucharest, Romania’s largest, saw the second highest growth in passenger numbers in the region in 2015, ending the year behind Budapest and ah...