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Profi: Unplanned Pandemic Investments Stand At EUR3M In Three Months
The COVID-19 pandemic came with a boost in sales for retailers, especially grocery, personal and home care products retailers, as well as with additional spending.
Banca Transilvania and ING Leaders by Personnel Spending Increase in 2009-2018
Banca Transilvania, which became the largest lender on the local market in 2018, following takeover of Volksbank and Bancpost, is also the leader by number of employees and personnel spendin...
Romanian Consumers Spend EUR18 per Pair of Footwear on Average, Half As Much As Germans
Romanians spend EUR1.2 billion footwear a year, buying 67.7 million pairs. A consumer buys 3.5 pairs a year on average and spends EUR18 on each, ZF has calculated based on the data supplied...
Eurostat: Romania Had Lowest Ratio Of Healthcare Expenditure To GDP In EU In 2016
Romania allocated 5% of the gross domestic product (GDP) for healthcare in 2016, ranking last among European Union Member States, Eurostat, the statistical office of the European Union, said...
Romania Spent Only 25% of EU Funds Allocated for Large Infrastructure Projects
Romania absorbed only 25% of the funds allocated by the European Union for major infrastructure projects. The biggest infrastructure projects funded with EU funds include the rehabilitation...
EC: Romania Ranks Last In EU Regarding Research And Innovation Spending
European Commission official Aurora Mordonu on Friday said Romania ranks last in the European Union regarding expenses in the field of research and innovation, adding Romania did not even ac...
ZF Retail 2019: Romania Is a Retail Paradise. Consumers Like Shopping
Romania is a paradise for retail sector players, as local consumers have a greater appetite for shopping than Czech or Polish ones, for instance, despite earning half as much as the others d...
Public Sector Salary Spending Doubled in Four Years
Public sector personnel spending reached 15.7 billion lei (EUR3.3 billion). At the current increase rate, the public sector salaries will reach RON108 billion this year, double the level of...
New Business Goals for Romania: Education, Healthcare and Infrastructure
100 years from becoming whole and 29 years from the fall of the communist regime, Romania is at the bottom of the EU ranking by infrastructure, spends the least in the entire EU on healthcar...