04.26.2017

The economic expectations of Romanian consumers rose to 18.3 points at the end of the first quarter of 2017, which was as positive as they had last been in October 2015, according to GfK’s EU more

04.18.2017

2016 was another good year for the industry of fast moving consumer goods (FMCG), both from retailers and producers’ perspective. It was the second consecutive year when Romanians had an increased more

02.23.2017

Romanians enjoy shopping the most among East-Europeans, according to nine in ten respondents, while in the Czech Republic, Slovakia and Austria, seven in ten persons enjoy shopping. In Bulgaria, only more

02.14.2017

The Romanian durable goods market rose over 9% to EUR2.55 billion in 2016, according to a GfK TEMAX report. more

01.18.2017

Romania ranks 33rd in GfK’s “Purchasing Power Europe 2016” ranking, similar with 2015, with an average per-capita purchasing power of EUR4,181, representing approximately one third of the more

11.08.2016

The Romanian durable goods market rose 9.5% in the third quarter of 2016 verus the year-earlier period, while large household appliances, small appliances and electronics segments registered a more

10.20.2016

The Romanian economy is booming, nevertheless, consumers are skeptical about the next few months and would not rule out the possibility of an economic slowdown, according to a GfK study. more

08.16.2016

The Romanian durable goods market rose 15.5% to EUR529 million in the second quarter of 2016, from the year-earlier period, while telecom, large household appliances, small appliances and electronics more

06.01.2016

One in four Romanians drinks alcohol on regular days, preferring beer in the summer and homemade wine in the cold season, according to a GfK study. more

05.26.2016

The Romanian durable goods market reached EUR521 million in the first quarter of 2016, while telecom, large household appliances, small appliances and electronics segments registered a double-digit more

05.11.2016

Romania climbed three spots from 2015 to 50th place this year in GfK’s Connected Consumer Index which provides a single measure covering how much and on what devices, consumers in each of 78 more

04.27.2016

The latest forecasts for 2016 show there is an upward trend for the consolidation of retail businesses in the European Union, mainly in Romania where the growth is estimated at 7%, according to a more

02.23.2016

The Romanian durable goods market rose 13% in 2015, to EUR2.3 billion, after a 18.3% hike to EUR863 million in the fourth quarter, supported by telecom and electronics segments, according to a GfK more

02.03.2016

Romanian consumers' economic expectations declined in December 2015 while their income is still only just enough to buy the necessities for everyday life, although the economy grew considerably in the more

12.04.2015

Romanians spent most of the money resulted from food VAT cut on food products, followed by non-food products, while the rest went to other expenses or saving, according to a GfK survey. more

11.25.2015

Romania’s durable consumer goods market rose 9.5% to EUR534 million on the year in the third quarter of 2015, with an upward trend for telecom segment, according to a GfK survey. more

10.14.2015

Romanians expect an increase in their incomes given the growing economy, but the low incomes, which usually suffice only to pay for everyday necessities, trigger a low willingness to spend, according more

10.07.2015

One third of Romanians save money on a regular basis for the future of their family, while over half direct the funds to private pension funds and 10% keep the funds in a bank; nevertheless, Romanians more

08.20.2015

Nearly 20% of the Romanians in urban areas are familiar with smart TVs and already have one, while 70% of teenagers aged between 15 and 17 want a smart TV, according to a GfK Romania survey on the use more

08.17.2015

Romania’s durable consumer goods market rose 6.4% to EUR449 million on the year in the second quarter of 2015, with an upward trend for telecom and home appliances segments, while the IT sector more

07.15.2015

Romanians are optimistic regarding economic growth and salary increase, but their standard of living continues to remain very low, as incomes are just enough to pay for their daily necessities; thus more

04.28.2015

The general economic climate favors consumption but consumers will continue to prioritize their spending even though their expenses budgets are higher, according to a study by GfK. more

03.18.2015

Romanians only spent 2% more on fast-moving consumer goods (FMCG) on the year in 2014, despite an increase in shopping frequency, unlike most of European countries, according to a GfK survey. more

02.25.2015

Romanians are confident that their income prospects would improve but this has not yet had a major impact on willingness to buy, as Romanian consumers need all their available income for everyday more

02.16.2015

The durable goods market in Romania grew 13.7% last year, to over EUR2 billion, driven by sales offers, especially Black Friday and winter holiday deals, according to market research company GfK. more