07.09.2018

Cris-Tim, the leader of the cold cuts markets in Romania, paid EUR600,000 more to banks in the past year due to the rise in ROBOR, which is more than the management had expected. This additional ROBOR more

05.24.2018

Romania’s economy is losing some EUR2 billion every year because 140,000 people ‘vanish’ from statistics, either due to migration abroad or to the negative birth rate. more

02.15.2018

Romanians spent EUR3.1 billion on trips abroad last year, compared with EUR1.9 billion in 2016, according to Romania’s central bank data. This is highest amount Romanians spent abroad in the past more

02.14.2018

Romanians spend EUR77 million a year on shampoo and half of that spending goes to P&G, Unilever and Henkel, market research company Euromonitor data show. A local consumer spends EUR4 on shampoo a more

01.05.2018

A reassessment of expenses of state-run airline Tarom required by new general manager Werner-Wilhelm Wolf has led to the saving of RON12.7 million a year, the company said in a statement Friday. more

10.31.2017

Romania's government plans to cut spending by 10% next year by freezing hiring in the public sector, ruling coalition leader Liviu Dragnea said Tuesday. more

10.13.2017

One in five lei local consumers spend on luxury cosmetics goes to online stores, market data show. Romanian consumers spend about EUR83 million on premium and luxury perfumes, makeup and care products more

08.25.2017

Romania allocated one of the lowest shares of the gross domestic product (GDP) for health and had the lowest spending per inhabitant for health among European Union member states, of EUR340, in 2015, more

07.19.2017

Romanian consumers spend about 2 billion lei (EUR439 million) in fast-food restaurants a year, a market dominated by international companies like McDonald’s and KFC, ZF has found from Euromonitor more

01.31.2017

Romanians spend a little more than EUR250 million or EUR12.7 per capita on laundry care products a year. The market has been growing year by year regardless of consumer spending, catching up with more more

01.10.2017

Romanians spent about EUR3 billion to EUR3.6 billion in stores in December, and most of the money went towards food, while the rest to clothing, cosmetics, computer and electronics products, toys and more

09.01.2016

Each Romanian spent about EUR42 on bicycles, sneakers, skis or sports clothing last year, half as much as the average person in the Czech Republic and six times lower than in Austria, the country with more

07.08.2016

Romania’s national company in charge of highways and national roads (CNADNR) spent 152 million lei (EUR34 million) on highway projects in January-May out of a yearly budget of RON1.8 billion, more

06.29.2016

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03.30.2016

Romanians spend on average RON87 per year on postal services, with an average of RON106 in towns, while companies earmark RON3,400 annually for the same services, said Catalin Marinescu, president of more

03.23.2016

Romania’s apparel, footwear and sporting goods market increased by more than 5% to 16 billion lei (EUR3.6 billion) last year, according to market research company Euromonitor data. more

03.09.2016

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02.29.2016

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02.16.2016

Some 2.7 million Romanians shopped online at least once last year, spending EUR1.4 billion, about 30% more than in 2014, according to ZF’s calculations based on the data supplied by the National more

01.21.2016

Romania’s general consolidated budget switched from a surplus of 5.3 billion lei (EUR1.2 billion) or 0.76% of the gross domestic product in November 2015 to a deficit of about RON9 billion to RON10 more

01.11.2016

Individual customers made 6.4 billion lei (EUR1.41 billion) deposits with local banks in November, the lowest level of leu-denominated monthly savings since December 2008, Romania’s central bank more

01.07.2016

December generated EUR3.5 billion to EUR3.7 billion sales for retailers in Romania and most of the money went to food, while the rest went to clothing, cosmetics, computer and electronics products, more

12.07.2015

Romanian consumers will spend about 350 million lei (EUR78.3 million) on butter this year, as the butter market has been seeing steady growth over the past few years, after the product was deemed more

10.13.2015

Romanians spend EUR14 billion to EUR16 billion on fast moving consumer goods, that is food, beverages, cigarettes, personal and home care products a year. more

10.02.2015

Kika Romania, a company that operates a furniture and home décor store in the western side of Bucharest, will open three or four stores in the city and the rest of the country by the end of next more