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PwC: Discounters Account For A Mere 14% Of Romania’s Retail Market
Retail&Consumer

PwC: Discounters Account For A Mere 14% Of Romania’s Retail Market

Discount retailers, such as Lidl and Penny, account for a mere 14% of Romania’s retail market, which is very low compared to developed European countries and considering the average wage in...

Ecaterina Craciun · 04.11.2014 · 17:41 · 1 min
Macroeconomics

Romania Central Bank Expected To Cut Key Rate To 2.75% Tuesday

Romania’s central bank might cut the key rate to 2.75% in its Tuesday monetary policy board meeting, while keeping requirement ratio for leu deposits unchanged, according to a survey of the...

Bogdan Neagu · 03.11.2014 · 11:21 · 1 min
Analysis

Romanians Spend On Average RON470 Shopping Online, 40% Estimate Will Spend More

Around 40% of Romanian consumers estimate an increase in online spending, where the average shopping value is at RON470, and electronics will continue to dominate sales, while clothing, comp...

Oana Gavrila · 30.10.2014 · 17:16 · 1 min
Three Quarters Of Romanian Family Businesses Registered Growth In Past Year - PwC Survey
Analysis

Three Quarters Of Romanian Family Businesses Registered Growth In Past Year - PwC Survey

Three quarters of family businesses in Romania registered growth in the past year but face fiercer competition and growing pressure on prices, according to the PwC Family Business Survey rel...

Oana Gavrila · 16.10.2014 · 11:46 · 2 min
Survey: Capital Bucharest Accounts For Nearly 50% Of Online Card Payments In 2014
Retail&Consumer

Survey: Capital Bucharest Accounts For Nearly 50% Of Online Card Payments In 2014

People living in capital city Bucharest made nearly 50% of total online payments by card in 2014 for products and services sold by online stores in Romania, according to Netopia Mobilpay, on...

Ecaterina Craciun · 15.10.2014 · 13:17 · 1 min
FIC Survey: 20% Of Investors Expect Lower Revenue In 2014, From 6% In December
Analysis

FIC Survey: 20% Of Investors Expect Lower Revenue In 2014, From 6% In December

Foreign investors’ perception on economic growth and new investments is slightly negative, while the weight of companies expecting lower revenue this year rose to 20% compared with 6% in Dec...

Gabriela Stan · 09.10.2014 · 15:14 · 1 min
Romanians Believe "Someone Else", Mainly The State, Should Ensure Their Pensions - Survey
Banks-Insurance

Romanians Believe "Someone Else", Mainly The State, Should Ensure Their Pensions - Survey

Half of Romanians believe "someone else" must ensure they have decent pensions upon retirement, particularly the state, which explains' people's low interest for the private pension system,...

Oana Gavrila · 24.09.2014 · 12:33 · 3 min
Survey: Operating Leasing Accounts For Just 5% Of Car Fleets Of Over 400 Firms In Romania
Automotive

Survey: Operating Leasing Accounts For Just 5% Of Car Fleets Of Over 400 Firms In Romania

Only 5% of the vehicles that make up the fleets of over 400 companies in Romania were purchased via operating leasing, compared to over 45% purchased directly, according to a survey conducte...

Ecaterina Craciun · 22.09.2014 · 14:52 · 1 min
Survey: Over 13% Of Romanian Youths With No Professional Experience Seek Jobs, Double From 2013
Social/Politics

Survey: Over 13% Of Romanian Youths With No Professional Experience Seek Jobs, Double From 2013

Over 13% of young people aged 18 to 24, who applied for jobs this year, have no professional experience, nearly double from an average 7% in 2013, according to a survey by direct marketing f...

Ecaterina Craciun · 16.09.2014 · 13:12 · 1 min