12.16.2024

Romania posted the highest annual rise in hourly wage costs among European Union Member States in the third quarter of 2024, at 17.1%, followed by Croatia with 15.1%, Bulgaria with 12.7% and Latvia more

12.04.2024

Romania's hourly labor costs adjusted to the number of working days climbed 3.18% in the third quarter of 2024 compared to the second quarter of 2024, data from the country's statistics board INS more

11.20.2024

The overall costs of the global energy transition, estimated at USD200 trillion by 2050, could be reduced by almost 25 percent using de-risking instruments, thus facilitating new methods of financing more

10.02.2024

Bucharest office space occupancy costs have increased by around 10% in the past two years amid the rising building operational costs and the indexing of rents against inflation, in line with data more

09.26.2024

The average gross monthly earnings registered at the level of the national economy in 2023 were RON7,042, higher by 15.0% (+RON916) than the previous year, and the average net monthly earnings were more

09.03.2024

Romania's hourly labor costs adjusted to the number of working days climbed 6.79% in the second quarter of 2024 compared to the first quarter of 2024, data from the country's statistics board INS more

06.04.2024

Romania's hourly labor costs adjusted to the number of working days increased by 16.45% in the first quarter of 2024 compared to the first quarter of 2023, data from the country's statistics board INS more

04.18.2024

Logistics and transportation costs are the major challenges faced by Romanian online stores when selling products abroad, according to the latest survey by Packeta Romania, a global digital platform more

04.11.2024

Bucharest's average office fit-out costs are among the lowest in Central and Eastern Europe (CEE) despite increasing by around 15-20% during the past 12 months, according to data from real estate more

03.05.2024

Romania's hourly labor costs adjusted to the number of working days increased by 16.85% in the fourth quarter of 2023 compared to the fourth quarter of 2022, data from the country's statistics board more

12.05.2023

Romania's hourly labor costs adjusted to the number of working days increased by 15.15% in the third quarter of 2023 compared to the third quarter of 2022, data from the country's statistics board INS more

06.07.2023

Romania's hourly labor costs adjusted to the number of working days increased by 2.29% in the first quarter of 2023 compared to the fourth quarter of 2022, in line with data from the country's more

03.30.2023

The average office fit-out costs increased by 20-30% in 2022 amid rising prices, supply chain disruptions, higher commodity and material costs and increased labor costs; therefore, companies paid on more

12.21.2022

The increase in labor, real estate and energy costs places Romania eighth as the most attractive manufacturing markets in Europe, after the Czech Republic, Poland, Hungary or Portugal, according to more

12.13.2022

Beyond the increasing of uncertainty, the conflict in Ukraine did not have visible effects on the local office market, but its aftermath – particularly the higher inflation and the rising cost of more

09.02.2022

In 2Q/2022, vs 2Q/2021, hourly labor costs in adjusted form (by the number of working days) rose by 11.67%, in line with statistics board (INS) data. more

07.11.2022

EY Future Consumer, the global research of 18,000 consumers, conducted between May 18 and June 7, 2022, found that 79% of consumers say their personal finances are a concern, with 62% expecting their more

07.11.2022

A new study shows which European cities are most cost-effective for remote or hybrid working, with Bucharest holding the top spot. more

06.28.2022

The increase in construction costs will influence the delivery rate of new office space projects, with many real estate developers preferring to delay construction works to see to what extent the more

06.15.2022

The increase in construction costs represents the biggest challenge of 2022 for 90% of real estate companies in Romania and in other countries in this region of Europe, as per Deloitte Real Estate more

03.17.2022

Romanian companies are mainly concerned about the unfavorable evolution of general costs, amid rising prices of energy and raw materials internationally, about the workforce shortages and the more

10.27.2021

Major shopping center developers and owners have new nationwide expansion plans, but are now hurt by rising energy costs and the falling purchasing power on the market is likely to hinder their more

12.03.2020

The occupancy costs of office spaces represent on average 3% to 4% of the turnover of service companies in Bucharest, and may fall even below 2% in some cases, according to an analysis by real estate more

06.30.2020

Romania’s economy has the potential to grow at an annual average rate of over 2.5% in 2020-2022 interval, a scenario backed by a mix of economic policies in the European Union and in Romania, as more

03.31.2020

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