Romania
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Romanian Construction Market Sees Positive Trend In 2018 And 2019
Romania’s construction market grew 5.6% year-on-year in 2018 and the number of housing units built throughout 2018 was 12% higher compared with 2017, Wienerberger said in a press statement o...
Eurostat: House Prices In Romania Up 5.3% YoY In 4Q/2018
House prices in Romania grew by 5.3% in the fourth quarter of 2018, compared with the same quarter of 2017, and by 0.8% compared with the third quarter of 2018, Eurostat, the statistical off...
Romania Has 3.71 Million Sqm Of Malls, Retail Centers And Galleries – On Average 191 Sqm/1,000 Inhabitants
The stock of modern retail space in capital city Bucharest remained stable in 2018, at 1.2 million square meters, 7% higher than the stock in Romania’s Center-West region (16 counties in Tra...
Ford To Produce Small SUV Puma In Romania
U.S. carmaker Ford has officially announced that the second car model to be produced at its Romanian assembly plant in Craiova is called Ford Puma, an SUV in-between Ford EcoSport and Ford K...
Romania Attracts Nearly EUR230M EU Funds For Small Businesses During 2011-2018 Period
Romania attracted nearly EUR230 million, between 2011 and 2018, through European Union financing programs for micro-enterprises and farmers and the funds were distributed through ten financi...
Survey: Romania eCommerce Market Seen Up 30% In 2019 On Improved Consumer Confidence And Purchasing Power
The electronic commerce (eCommerce) market in Romania is expected to grow nearly 30% in 2019, against the backdrop of improved consumer confidence in the online commerce and higher purchasin...
Vienna Insurance Group Posts EUR74M Loss In Romania In 2018
Austria's Vienna Insurance Group (VIG) on Thursday said it registered underwritten gross premiums of EUR515 million in Romania in 2018, up 1.7% year-on-year, and a loss of around EUR74 milli...
Mercer Marsh Benefits Sees Romania’s GDP Growth At 3.4% In 2019
Mercer Marsh Benefits, part of Marsh Romania, the largest insurance broker in Romania on the corporate segment, expects Romania’s economy to grow by 3.4% in 2019, lower by 2.1 percentage poi...
Sinziana Pardhan, P3 Romania: Romania Becomes Increasingly Attractive To Investors
Sinziana Pardhan, Country Head, P3 Romania, one of the leading developers of logistics and industrial space, said Tuesday she is optimistic about the evolution of the Romanian market in 2018...