10.24.2024

Romania IT industry continued to expand in 2023, but the growth rate slowed down dramatically, though it stayed above 10%, reveals a survey conducted by a research group part of the Bucharest more

06.17.2024

Deloitte Tehnologie SRL, the IT services center the consulting and auditing company opened in Bucharest in 2016, saw its revenue growth pace abruptly slow down in 2023, following six double-digit more

01.19.2024

Retailer Mega Image, held by Belgian-Dutch group Ahold Delhaize, significantly slowed down expansion in Romania in 2023, the year when its parent group negotiated and announced takeover of retailer more

11.20.2023

The economic situation of companies with German capital in Romania has deteriorated this autumn, and most of them are also pessimistic about the future, according to the results of a survey carried more

06.26.2023

Private lending in Romania grew by nearly 7.9% in May 2023 versus May 2022 to RON372.3 billion, as local currency lending was almost flat, increasing by merely 0.2% year on year and foreign currency more

03.10.2023

Retailer Mega Image, held by Belgian-Dutch group Ahold Delhaize, ended last year with a network of 956 supermarkets and convenience stores, 36 more than it had at the end of 2021. more

01.16.2023

The investors already active on the local real estate market are interested to consolidate their positions, but one can notice the absence of investors from a specific part of the world, says Mihnea more

12.27.2022

Private lending in Romania increased by 13.2% to RON364.4 billion in November compared with the year-ago month, after leu-denominated loans increased by 9.2% and the foreign currency loans expressed more

12.27.2022

The consolidated budget revenue growth slowed down in November, the budget execution report of the Finance Ministry shows. more

11.28.2022

VAT revenue, the second most important resource of the state budget and a barometer for consumer spending increased by 3% in October 2022 compared with October 2021, according to the budget execution 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

10.04.2022

The prices of old three-room apartments in Bucharest went down, on average, by EUR750 or 0.7% to EUR108,350 in September. The decline is higher than the EUR150 registered in August versus July, shows more

09.23.2022

Private lending in Romania grew by 15.9% in August 2022 compared with August 2021 to RON359 billion, as local currency lending increased by 16.8% and foreign currency lending expressed in lei by more

08.03.2022

Retail turnover, the main barometer for private consumption, in the first six months of this year went up by 5.2% in gross series from the year-earlier period, amid rising sales of car fuel (+9.6%), more

01.05.2022

The year 2022 will bring only 138,000 square meters of office space to Bucharest’s office space market, almost half the volumes of 2021, as developers slowed down due to the pandemic. more

05.13.2020

Pharmaceutical retail has been one of the busiest industries in the healthcare sector in the last few years as a result of acquisitions. The major retail pharmacy chains have acquired smaller players more

02.14.2020

Grocery retail will reach almost EUR25 billion in 2024, but the growth pace of the market is expected to slow down as of this year. more

07.17.2019

The number of salaried employees in Romania’s economy reached 4.98 million in May 2019, the highest in two decades, but the hiring rate fell in the first part of the year. The number of salaried more

12.11.2018

The difficult situation of the major automakers in Germany, the main customers of the automotive component plants in Romania is making an impact on the automotive component industry: SEWS (wiring) more

08.16.2017

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05.30.2017

Kaufland hypermarket chain saw its sales go up 6% to 9.7 billion lei (EUR2.04 billion) last year, its lowest growth in the past eleven years. The retailer’s growth therefore slowed down from the more

12.15.2016

FAN Courier, the largest courier service company in Romania, expects an increase of no more than 15% in revenue to 600 million lei (EUR135 million) revenue next year. The growth pace is lower than more

12.02.2016

Unilever South Central Europe, one of the most important actors on the fast-moving consumer goods market, ended the first half with 420 million lei (EUR94 million) revenue, an increase of 1.5% on the more

07.26.2016

The annual growth rate of the stock of bank loans to companies and consumers slowed down significantly, following the enforcement of the debt discharge law, as lending only increased by 1.2% to 217.6 more

02.10.2012

Romanian companies exported a record EUR45 billion in 2011, 20% more than the previous year. Yet shipments abroad showed signs of a slowdown in the last quarter. more