03.27.2023

Calin Ilie, head of the Federation of Hoteliers in Romania, says the local market is expected to return to 2019 level this year, maybe even overshoot pre-pandemic figures. more

11.08.2022

After four quarters of solid performance, activity in the office space market slowed down in the third quarter of this year, a Colliers analysis shows. more

08.25.2022

The year 2022 has seen a strong rebound in the job market not only for large employers, who put a record number of jobs on the market, but also for small businesses. more

07.11.2022

Romania has one of the lowest recovery rates of travel in Europe, as the number of arrivals in the first five months of 2022 stands at only 52% of the level reported in the same time of 2019, the year more

11.17.2021

September brought a corporate lending rebound, after the August slowdown. Banks operating on the Romanian market granted new RON-denominated loans of RON3.77 billion to companies, up 31.6% from August more

04.29.2021

While the Bucharest Stock Exchange’s BET index recovered from the March 2020 slump, caused by the coronavirus crisis, in December 2020, on April 27 it was time for the capitalization to recover from more

12.18.2020

The year 2020 should have been better than 2019 for Cristian Erbasu’s businesses but the pandemic forced companies in the construction, agriculture and hotel sector to rethink their plans. more

11.13.2020

Analysts expect Romania's economy recovering slower and more gradually after Friday's flash GDP data which showed a 6% annual contraction in the third quarter, worse than the -4.4% market expectation. more

10.12.2020

A number of 37 deals for 62,500 square meters of office space were signed in the third quarter, an increase of 14% on the year-ago period, real estate consultant Knight Frank says. more

10.09.2020

The summer months came with a rebound in corporate loans after lending plunged by annual rates of 20% to 30% in the spring due to the lockdown required by the COVID-19 pandemic. more

08.24.2020

Banks in Romania granted 2.3 billion lei in new loans to companies in June 2020, more than in April and May, when lending fell due to the lockdown caused by the COVID-19 pandemic. more

08.20.2020

The summer rekindled Romanians’ appetite for consumer loans, so new consumer loans in lei rose to 1.49 billion lei in June, higher than in April and May, when lending recorded a significant decline more

06.01.2020

Tourism companies will have to optimize working capital to the business volume that will be growing gradually, as well as properly decide on the size of their teams and costs, to be able to cope for a more

04.21.2020

The number of contracts suspended, that is employees furloughed, has dropped by almost 130,000 since thy peak of April 9, to some 902,000 on April 16, Labor Ministry data show. more

04.13.2020

Dragos Damian, CEO of Terapia Cluj, the largest pharmaceutical manufacturer in Romania, says the COVID-19 pandemic will have a major impact on the country’s economy. more

03.23.2020

Telecom watchdog ANCOM estimates traffic in the communications networks will surge by up to 50% over the coming period * Jean Valvis, the chairman of Valvis Holding: Sales are up 250% to 300’% at more

07.11.2019

Nuclearelectrica (SNN.RO), OMV Petrom (SNP.RO) and Banca Transilvania (TLV.RO) are the stocks part of the main Bucharest Stock Exchange index BET that saw the highest rise in prices between December more

04.20.2015

Romania’s industrial sector used 29 TWh of electricity last year, 18% more than in 2013 and also more than in 2008, when consumption reached 22.4 TWh. One reason for the increase is the move of some more

04.03.2015

The coffee shop market was one of the worst hit by the crisis, as Romanian consumers chose to give up going out for a cup of coffee rather than going out for lunch. more

11.11.2014

Romania’s economy showed signs of a rebound in September but it remains to be seen whether the progress was enough for it to return to positive territory after having slipped into technical more

05.07.2014

The latest March data show a rebound in lending, yet the rebound is not that strong, as the ‘divorce’ of banks and companies is still dominant. more

01.03.2013

The year 2012 did not bring the rebound awaited over the past four years on the Romanian real estate market, but it did set a few records that will be hard to break in upcoming years, considering more

05.09.2011

Lawyer Gheorghe Musat, founder of Musat & Asociatii law firm, one of the strongest players on the market, is speaking about improving receipts after two years in which the crisis cut the company's more