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Instead Of Urbanizing, Romania Is Going Rural
More than 100,000 Romanians move from urban to rural areas every year and 27% fewer move from rural to urban areas.
Leu Stable And Likely To Gain Ground On Euro In 2016
The leu/euro exchange rate should remain stable this year, with a clear trend to gain ground against the euro, as Romania’s central bank might pursue a more predictable policy and less volat...
Dairy Industry Expects To See Food VAT Cut Effect At The End Of The Year
The food VAT cut as of June 1 was the breath of fresh air Romania’s dairy industry had been waiting for and most of the largest companies in the business expect to see the impact of this ste...
Romanians Spend RON140M A Year To Exercise
Romanians spent 143 million lei (EUR32 million) in the 500 fitness centers in the country last year, according to the Finance Ministry data.
Ursus Breweries: Sales On The Rise Since November
Sales returned to growth in November on restored consumer confidence, following the elections that month, says Igor Tikhonov, president of Ursus Breweries, the largest brewer in Romania. The...
100 Trends For 2015
Romania’s Gross Domestic Product will go up by 2%, while the export growth rate will slow down to less than 10%. Profi and Mega Image will continue to expand. The highway network might add a...
Budget Is Out Of Sync With Economic Growth
The macroeconomic indicators may have been good news, as the economic growth was beyond expectations in the first quarter of 2014, but budget revenue did not follow the same trend, merely ri...
West Europeans Start Using Malls As Leisure Destination
Romanians go to malls to shop and spend their spare time and this trend has started to also take shape in Western European countries where people mainly go to malls for shopping, according t...
Euro Insol: Large Firms Seen Insolvent In 2013, Mostly Targeting Industry
The cases of large Romanian companies going insolvent will increase in 2013, especially in industry, as banks can no longer roll over bad loans due to the weak economic performance, accordin...