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Study: 16% Of Romanians Would Use Their Savings If Left With No Money Vs 29% Of Germans
Retail&Consumer

Study: 16% Of Romanians Would Use Their Savings If Left With No Money Vs 29% Of Germans

16% of Romanians would use their savings if they had no money left, compared with 29% of Germans and 27% of Italians, according to a comparative social research by Kruk Group.

Ecaterina Craciun · 24.07.2017 · 17:05 · 1 min
Romanians Bought, On Average, Nearly 20 Liters Of Wine Per Capita In 2016
Retail&Consumer

Romanians Bought, On Average, Nearly 20 Liters Of Wine Per Capita In 2016

Romania produced nearly 3.3 million hectoliters (330 million liters) of wine in 2016, down 8% on the year, according to data of the International Organization of Vine and Wine (IOVW), and th...

Ecaterina Craciun · 21.07.2017 · 16:00 · 1 min
GfK: Two Thirds Of Romanians’ Expenses Target Foods
Retail&Consumer

GfK: Two Thirds Of Romanians’ Expenses Target Foods

2016 was another good year for the industry of fast moving consumer goods (FMCG), both from retailers and producers’ perspective. It was the second consecutive year when Romanians had an inc...

Ecaterina Craciun · 18.04.2017 · 13:12 · 1 min
Romanians Buys EUR60M Worth Of Toys And Games Annually, Mainly Online
Retail&Consumer

Romanians Buys EUR60M Worth Of Toys And Games Annually, Mainly Online

Romania’s toy and games market is valued at approximately EUR160 million, without considering the figures generated by computer games or consoles, a continuously growing field, with a strong...

Ecaterina Craciun · 12.04.2017 · 17:30 · 1 min
Farmec Head: Romanian Consumers Focus On Both Price And Quality
Retail&Consumer · ZF Romanian Brands

Farmec Head: Romanian Consumers Focus On Both Price And Quality

Romanian consumers focus on both price and quality when choosing the products they use and the products made by Farmec are adapted to each market on which the company operates, in terms of b...

Ecaterina Craciun · 20.09.2016 · 15:02 · 1 min
More Than 21,000 Romanians Bought Homes Via First Home Program In 1H/2016
Real Estate

More Than 21,000 Romanians Bought Homes Via First Home Program In 1H/2016

Romania's national guarantee fund for SMEs (FNGCIMM) has granted over 21,000 guarantees under the government-backed mortgage lending First Home program in the first half of 2016, up 40% from...

Ecaterina Craciun · 01.08.2016 · 13:37 · 1 min
Romanians’ Card Payments Abroad At RON5.3B In 2015
Banks-Insurance

Romanians’ Card Payments Abroad At RON5.3B In 2015

Romanians travelling abroad made card payments worth RON5.3 billion (EUR1.2 billion), while ATM cash withdrawals totaled RON3 billion (EUR674 million) in 2015, according to a Visa study.

Gabriela Stan · 18.07.2016 · 14:52 · 1 min
ANCOM: Romanians Spend On Average RON87/Year On Postal Services
Retail&Consumer

ANCOM: Romanians Spend On Average RON87/Year On Postal Services

Romanians spend on average RON87 per year on postal services, with an average of RON106 in towns, while companies earmark RON3,400 annually for the same services, said Catalin Marinescu, pre...

Ecaterina Craciun · 30.03.2016 · 15:21 · 1 min
Two Romanians Run Philips Operations In Southeastern Europe
Health

Two Romanians Run Philips Operations In Southeastern Europe

Romanians Alexandru Popescu and Doru Rusanescu started to run the operations of Dutch company Philips in Romania on February, 1, 2016.

Ecaterina Craciun · 08.02.2016 · 15:20 · 1 min