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Spending In Romania’s Bars, Coffee Shops And Restaurants Reaches EUR2.4B/Year
Retail&Consumer

Spending In Romania’s Bars, Coffee Shops And Restaurants Reaches EUR2.4B/Year

Romanian consumers and foreign tourists spend almost EUR2.4 billion in Romania’s restaurants, bars and coffee shops a year, about 40% less than what tourists and locals spend in the Czech Re...

Loredana Frățilă-Cristescu · 25.08.2014 · 00:00 · 1 min
Romanians Spent More Than EUR1B On Houses In 2013
Real Estate

Romanians Spent More Than EUR1B On Houses In 2013

Almost 36,000 houses up to two-story tall were built in Romania last year, following investments estimated at more than EUR1 billion, while only 4,500 apartments in apartment buildings at le...

Loredana Frățilă-Cristescu · 11.08.2014 · 11:32 · 1 min
Romania Spends EUR45M On Bicycles, Manufactures Five Times More
Automotive

Romania Spends EUR45M On Bicycles, Manufactures Five Times More

Romanian consumers spend about EUR45 million on bicycles a year, paying EUR120 on average for one, four times lower than Germans or six times lower than Dutch.

Loredana Frățilă-Cristescu · 11.08.2014 · 06:15 · 2 min
Total Salaries In Romania Down EUR11B Since 2008
Companies

Total Salaries In Romania Down EUR11B Since 2008

The decline in total salaries is the price Romania pays for selling itself as a country of highly skilled yet cheap labor. Which explains why the flat consumer spending.

Loredana Frățilă-Cristescu · 01.07.2014 · 08:16 · 3 min
Laundry Detergent, A EUR240M Business Split Among International Giants
Companies

Laundry Detergent, A EUR240M Business Split Among International Giants

Romanians spend EUR230 million to EUR240 million on laundry detergent a year and more than 75% of that spending goes to international giants like Procter&Gamble (Ariel, Tide, Bonux), Unileve...

Loredana Frățilă-Cristescu · 30.06.2014 · 00:00 · 4 min
Government Spent EUR28B On Transport Infrastructure In Six Years
Automotive

Government Spent EUR28B On Transport Infrastructure In Six Years

The value of transport infrastructure works (roads, railroads, airports, bridges or waterways) amounted to EUR27.5 billion in Romania between 2009 and 2013, according to a ZF analysis based...

Loredana Frățilă-Cristescu · 08.05.2014 · 00:00 · 1 min
Turmoil In The Region Could Boost Romania’s Military Spending
Social/Politics

Turmoil In The Region Could Boost Romania’s Military Spending

The implications of the turmoil 450 kilometers away from Romania’s borders are showing in the economy for the first time.

Loredana Frățilă-Cristescu · 28.04.2014 · 00:00 · 4 min
Romanians Spend EUR15B On Loan Repayment, Fuel, Electricity And Heating
Banks-Insurance

Romanians Spend EUR15B On Loan Repayment, Fuel, Electricity And Heating

Loan installments are the second biggest expense of Romanians after gas. The fear of losing their jobs and becoming unable to pay future bills will make them save the money left from the res...

Loredana Frățilă-Cristescu · 10.02.2014 · 10:00 · 3 min
Romanians Spend Almost RON4.3B On Personal Care And Beauty Products
Retail&Consumer

Romanians Spend Almost RON4.3B On Personal Care And Beauty Products

Romanians spent almost 4.3 billion lei on cosmetics - personal care and beauty products - in 2013, with the bulk of the amount going to fragrances (RON885 million) and skincare products (RON...

Daniela Stoican · 31.12.2013 · 09:05 · 1 min