02.21.2024

Romanians spent EUR8.5 billion in 2023 on holidays abroad, 15% more than in 2022 and up 60% from 2019, in line with ZF calculations based on BNR 2023 data. more

01.25.2024

For a long time, local entrepreneurs in all the fields of the Romanian economy have had a cautious approach in business, preferring to anchor their businesses locally. Meanwhile, following the model more

01.15.2024

Insurance and private pension company NN Romania announces the launch of NN Premium Care Abroad, a health protection solution for critical illnesses such as cancer, cardiovascular bypass surgery, more

01.17.2023

Romanians spent EUR6.5 billion on vacations abroad in the first eleven months of last year, and the whole-year spending will most likely overshoot the EUR7 billion mark, ZF has calculated from the more

02.16.2021

Romanians spent nearly EUR2.6 billion on vacations abroad in 2020, which is half the amount spent in 2019, according to central bank data. more

11.10.2020

Romanian apparel maker Braiconf Braila (BRCR.RO) has decided to change the strategy regarding its retail segment and will be closing a significant part of its stores located in shopping malls. 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

09.18.2017

Romania’s central bank will introduce a program to bring back the Romanian experts working in financial institutions abroad back home, after some of the Romanian economists abroad signaled they more

07.20.2017

Six Romanian apparel, footwear or cosmetics retailers have tried their luck on foreign markets and now have more than 55 single-brand stores opened either by themselves or by franchisees. Most stores more

07.20.2016

Romania has the highest economic growth rate in Europe (4.3% in the first quarter) and multinationals and Romanian companies are constantly looking for employees, yet almost 90,000 Romanians have more

06.20.2016

Holders of cards issued by banks in Romania made card payments to merchants abroad in the amount of RON1.4 billion (EUR317 million) in January-March 2016, up 22% against the same period in 2015. more

09.16.2015

Romanians have increased the frequency of card payments when travelling abroad in the summer, especially for low-value shopping, while they spend more on accommodation and transport, according to Visa more

10.06.2014

Romanians living abroad on work and residency permits will be able to buy homes in Romania through the state-guaranteed mortgage lending First Home program, under a guarantee budget of RON25 million more

05.05.2014

Romanian patients spend at least EUR100 million of their own budget to get treatment abroad, according to ZF estimates. more

07.17.2013

Romanian insurers underwrote premiums of RON337.86 million abroad last year, up 21.8% from 2011, and foreign insurers underwrote premiums of RON216.6 million, 85.6% more than in 2011. more

07.12.2013

More than one thousand companies in Romania took out EUR11 billion loans directly from Austrian, German, French, Spanish and Italian banks by the end of March, according to central bank data. more

07.15.2011

Over 85,500 Romanian children have one or both parents away, working abroad, and 1,001 have ended up in foster care while the rest have been left with relatives and family friends, according to data more

07.11.2011

Romanians want to work abroad especially in construction, agriculture and the hotel industry, those younger than 25 would accept monthly salaries of EUR800-1,000, while people older than 25 expect more

06.09.2011

The three million Romanians who worked in Western Europe over the past ten years saved EUR100 billion, four times as much as household savings in local banks. more