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Luxury Car Registrations up 24% in Romania in 2019
Sales of luxury cars saw their best year in a decade in 2019, as brands added SUVs and new sedans to their portfolios and the economy went through its eighth year of growth in a row.
Old Three-Room Apartment Prices in Bucharest up 5.3% in 2019
The average prices of the three-room apartment in Bucharest built in the ‘80s rose by 5.3% in 2019, according to real estate consultant SVN Romania.
Number of Insurance Contracts Up 3% by End of September
Insurers recorded more than 15.5 million policies at the end of the first nine months of 2019, 3% more than in the year-ago period, Financial Supervisory Authority (ASF) data show.
Luxury Car Market Up 55% In Jan-Nov
More than 70 cars with a price tag of over EUR200,000 were registered in Romania in the first eleven months of the year, according to the Driver’s License and Vehicle Registration Department...
Bucharest Stock Exchange, Second Top Performing Market in EU in Jan-Nov
The Bucharest Stock Exchange, rated as secondary emerging market by FTSE Russel, is the second top performing capital market in the European Union since the beginning of 2019, as the BET ind...
Office Space Vacancy Rate in Bucharest Up to 9.3% in Jan-Sept
The vacancy rate for modern class A and class B office space in Bucharest reached 9.3% at the end of September 2019, while the office space stock 3.16 million square meters.
Bucharest Stock Exchange at 12-Year Peak Despite State of Economy
The Bucharest Stock Exchange is going through its best time since the fall of 2007 despite the concern surrounding the Romanian economy, which shows the good financial results of the listed...
Government Paper Yields Up Due to Rise in Budget Deficit and Financing Needs
The average yields of government paper are rising fast and the domestic currency has lost ground to the euro in the past month, while the GDP growth slowed down, the inflation went up and th...
Otopeni Airport Headed to 15 Million Passengers After 6.8% Rise in Jan-Sep
Henri Coanda (Otopeni) Airport, the largest airport in Romania, served 11.2 million passengers in the first nine months, 6.8% more than in the year-ago period, Airports Council International...