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Allianz Risk Barometer: Covid-19 Trio Tops Global Business Risks
Analysis

Allianz Risk Barometer: Covid-19 Trio Tops Global Business Risks

Business interruption, pandemic outbreak and cyber incidents are the top three business risks globally for 2021, all strongly interlinked, according to the latest Allianz Risk Barometer surv...

Oana Gavrila · 19.01.2021 · 15:47 · 3 min
Romania Outsourcing Industry Employs 131,000 People in 2020
Companies

Romania Outsourcing Industry Employs 131,000 People in 2020

The business services industry in Romania had 131,000 employees in 2020, the same as in 2019, and generated revenues of EUR4.5 billion, according to a survey by Romania Business Service Lead...

Oana Gavrila · 17.11.2020 · 11:45 · 1 min
Colliers: Store Traffic Drops but Retail Sales Grow in 3Q
Retail&Consumer

Colliers: Store Traffic Drops but Retail Sales Grow in 3Q

Nearly one third of retailers had similar or higher sales in the third quarter compared with the same period in 2019 although 85% registered a drop in traffic, a survey by real estate consul...

Oana Gavrila · 03.11.2020 · 13:02 · 1 min
Colliers: 3 in 4 Tenants Expect Lower Office Rents by End-2021
Real Estate

Colliers: 3 in 4 Tenants Expect Lower Office Rents by End-2021

Three in four office tenants expect rent will decline by the end of 2021 and nearly 75% of office tenants and owners think the pandemic will continue to affect their operations, a survey by...

Oana Gavrila · 15.10.2020 · 15:03 · 2 min
Central Bank Survey: 75% of Companies Didn't Use Bank Financing in Last 12 Months
Banks-Insurance

Central Bank Survey: 75% of Companies Didn't Use Bank Financing in Last 12 Months

Internal sources remained the main financing sources for Romanian companies in June 2019-May 2020 , mainly due to substantial growth in profit reinvestment and assets sale, while bank loans...

Oana Gavrila · 01.09.2020 · 17:41 · 1 min
Only 6% Of Romanians Say Their Income Ensure A Financially Carefree Lifestyle, Survey Shows
Social/Politics

Only 6% Of Romanians Say Their Income Ensure A Financially Carefree Lifestyle, Survey Shows

Only 6% of Romanians say their current income ensure a financially carefree lifestyle and a little over 14% keep an in-depth written record of their expenses, per a Novel Research survey.

Ecaterina Craciun · 05.08.2020 · 15:01 · 1 min
Survey: Four In Ten Romanians In Urban Areas Renovated Their Homes In Past Six Months
Real Estate

Survey: Four In Ten Romanians In Urban Areas Renovated Their Homes In Past Six Months

Over the past six months, 40% of Romanians in urban areas have renovated or improved their homes, as most of them had their homes painted or bought various home decorations, but many of them...

Ecaterina Craciun · 23.07.2020 · 16:03 · 1 min
German Companies in Romania See Revenue Decline, Recovery in 2021 at the Earliest
Analysis

German Companies in Romania See Revenue Decline, Recovery in 2021 at the Earliest

German companies operating in Romania expect significant declines in turnover and see the economy recovering in 2021 at the earliest, according to a recent poll by AHK Romania, the Romanian-...

Oana Gavrila · 03.07.2020 · 11:27 · 1 min
Survey: Nearly 30% Of SMEs in Romania Expect Their Turnover To Return To Pre-Pandemic Level Until End-2020
Companies

Survey: Nearly 30% Of SMEs in Romania Expect Their Turnover To Return To Pre-Pandemic Level Until End-2020

Nearly 30% of small and medium-sized enterprises (SMEs) in Romania expect their turnover to return to a level comparable to last year’s level until the end of 2020, per a survey by the Natio...

Ecaterina Craciun · 30.06.2020 · 16:39 · 1 min