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Romania

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Boston Consulting Group: Romanians’ Wealth Set to Grow 7% by 2027, from $200B
Banks-Insurance

Boston Consulting Group: Romanians’ Wealth Set to Grow 7% by 2027, from $200B

Personal net worth in Romania rose at an annual rate of 10.5% in the past five years, to $200 billion and is expects to continue to growth by around 7% by 2027, overshooting the growth rate...

Cristina Bellu · 21.07.2023 · 14:20 · 1 min
UniCredit: Romania To See Higher Than Region Average Economic Growth In 2023
Macroeconomics

UniCredit: Romania To See Higher Than Region Average Economic Growth In 2023

UniCredit analysts expect the economies in EU-CEE and the Western Balkans to grow by around 1.6% in 2023 and 3.1% in 2024, with Romania outperforming, and Czech Republic and Hungary lagging,...

Loredana Frățilă-Cristescu · 03.07.2023 · 14:48 · 1 min
Eurostat: Romania Had Lowest Price Level For Consumer Goods Among EU Member States In 2022
Macroeconomics

Eurostat: Romania Had Lowest Price Level For Consumer Goods Among EU Member States In 2022

Romania had the lowest price level for consumer goods among the EU Member States in 2022, with 42% below the EU average, being the least expensive country for food and non-alcoholic beverage...

Ecaterina Craciun · 30.06.2023 · 13:30 · 2 min
Cushman & Wakefield: CEE, including Romania, Benefits from Production Activity Relocation Closer to Consumers
Analysis

Cushman & Wakefield: CEE, including Romania, Benefits from Production Activity Relocation Closer to Consumers

Central and Eastern Europe, including Romania, is benefiting from the relocation of production activities from more far away countries, such as Asian ones, closer to consumers, particularly...

Cristina Bellu · 19.06.2023 · 12:02 · 1 min
Adobe Revenue Increases 34% In Romania In 2022
Technology &Telecoms

Adobe Revenue Increases 34% In Romania In 2022

US-held Adobe, one of the largest software businesses in the world, mainly known for its photo and video editing applications (Photoshop, Lightroom and Premiere Pro), posted growth in revenu...

Loredana Frățilă-Cristescu · 30.05.2023 · 21:17 · 1 min
Banca Transilvania Wants to Grow Only in Romania
Banks-Insurance

Banca Transilvania Wants to Grow Only in Romania

Banca Transilvania, the biggest player in the local banking system, wants to grow only in Romania, with a focus on organic growth, without mulling foreign expansion.

Liviu Popescu · 29.05.2023 · 09:25 · 1 min
eBay Officially Starts Campaign To Attract Romanian SMEs To Its Marketplace
Retail&Consumer

eBay Officially Starts Campaign To Attract Romanian SMEs To Its Marketplace

US-held eBay, one of the largest actors in online commerce in the world, has started a campaign to draw the Romanian small and medium-sized enterprises to its marketplace, enabling them sell...

Loredana Frățilă-Cristescu · 23.05.2023 · 20:36 · 1 min
Carrefour Romania Sales Rise Almost 15% to EUR638M in Q1
Retail&Consumer

Carrefour Romania Sales Rise Almost 15% to EUR638M in Q1

French-held Carrefour Group, which has more than 400 stores under different formats in Romania, has expanded its network in the country by 36 stores in the past year (April 1, 2022 – March 3...

Loredana Frățilă-Cristescu · 03.05.2023 · 22:41 · 1 min
Romania And Four Other Eastern European Countries Ban Wheat, Corn, Sunflower, Rapeseed Imports From Ukraine For One Month
Social/Politics

Romania And Four Other Eastern European Countries Ban Wheat, Corn, Sunflower, Rapeseed Imports From Ukraine For One Month

The European Commission on 2 May adopted exceptional and temporary preventive measures on imports of a limited number of products from Ukraine under the exceptional safeguard of the Autonomo...

Ecaterina Craciun · 03.05.2023 · 19:26 · 2 min