09.18.2015

Romanians spent 143 million lei (EUR32 million) in the 500 fitness centers in the country last year, according to the Finance Ministry data. more

08.03.2015

The ten largest banks in Romania laid off 8,000 people in the past six years, but their personnel spending remained unchanged at more than 3 billion lei. more

07.29.2015

Private sector companies are losing competitiveness, real estate assets stay frozen and cannot be sold, wages cannot be raised because of increasing costs and the entire local business sector is more

04.10.2015

Easter, the second most important time of the year for consumer spending after the Christmas season, drives up sales of the major retailers compared with the rest of the year. Romanian consumers spend more

03.17.2015

Foreign tourists spent 5.09 billion lei (EUR1.15 billion) in Romania last year, up 6.2% from RON4.79 billion in 2013, according to data released by the country’s statistics institute Tuesday. more

11.27.2014

Romanians plan to spend an average of EUR110 each on Christmas gifts in 2014, less than the Bulgarians and the Czechs, but more than the Poles and the Dutch expect to spend, according to the study of more

11.07.2014

Romania’s national company in charge of highways and national roads CNADNR paid EUR4.3 billion for highway projects in 2008-2014 and the highway network only increased by 373 kilometers, to 644 more

10.13.2014

Romanian consumers will spend 2.2 billion lei (about EUR500 million) on luxury goods this year, mostly on clothing, shoes and fine drinks. The market has been flat over the last few years but will more

10.08.2014

Romanian consumers spent almost EUR1 billion on cosmetics last year, allocating about 40% of this amount to perfumes and skincare products. The oral care products, deodorants and men’s products were more

10.06.2014

The total monthly average income per household in Romania stood at 2,452 lei (EUR555) in the second quarter of 2014, while the total monthly average household expenses stood at RON2,210, according to more

09.02.2014

Romania’s infrastructure spending will grow on average by 5% per year between 2013 and 2025, faster than growth in Western Europe, but slower than the global average, with the infrastructure market more

08.25.2014

Romanian consumers and foreign tourists spend almost EUR2.4 billion in Romania’s restaurants, bars and coffee shops a year, about 40% less than what tourists and locals spend in the Czech Republic, more

08.11.2014

Almost 36,000 houses up to two-story tall were built in Romania last year, following investments estimated at more than EUR1 billion, while only 4,500 apartments in apartment buildings at least more

08.11.2014

Romanian consumers spend about EUR45 million on bicycles a year, paying EUR120 on average for one, four times lower than Germans or six times lower than Dutch. more

07.01.2014

The decline in total salaries is the price Romania pays for selling itself as a country of highly skilled yet cheap labor. Which explains why the flat consumer spending. more

06.30.2014

Romanians spend EUR230 million to EUR240 million on laundry detergent a year and more than 75% of that spending goes to international giants like Procter&Gamble (Ariel, Tide, Bonux), Unilever (Omo, more

05.08.2014

The value of transport infrastructure works (roads, railroads, airports, bridges or waterways) amounted to EUR27.5 billion in Romania between 2009 and 2013, according to a ZF analysis based on the more

04.28.2014

The implications of the turmoil 450 kilometers away from Romania’s borders are showing in the economy for the first time. more

03.07.2014

Henkel Romania expects growth in 2014 encouraged by a slight rebound in consumer spending, after having seen its revenue inch up to 612.5 million lei (EUR136 million) in 2013 on the back of market more

02.10.2014

Loan installments are the second biggest expense of Romanians after gas. The fear of losing their jobs and becoming unable to pay future bills will make them save the money left from the restructuring more

02.04.2014

Retail sales, the best indicator of the trend of consumer spending, unexpectedly rebounded by 6.7% in December, the National Statistics Institute announced on Monday. more

01.07.2014

The executives in modern retail expect a slight economic rebound this year because of a good farming season and a new increase in exports. more

12.31.2013

Romanians spent almost 4.3 billion lei on cosmetics - personal care and beauty products - in 2013, with the bulk of the amount going to fragrances (RON885 million) and skincare products (RON890 more

12.19.2013

Romania's retail market, which returned to growth in 2012, will witness a growth rate of over 5% in upcoming years and is expected to reach 130 billion lei (EUR29 billion) by 2015. more

09.09.2013

The lack of transparency, efficiency and responsibility of the public local administrations can be a major risk for Romania’s economy and more transparency could be the way to avoid potential more