05.29.2025

Global leaders’ confidence in their organizations’ artificial intelligence (AI) initiatives grows strong, according to a Deloitte study, as eight out of ten organizations (78 percent) expect to more

04.25.2025

Banca Transilvania (TLV.RO) shareholders approved, among others, the distribution of RON1.59 billion dividends from the RON3.5 billion net profit made in 2024, during the general meeting on April 25, more

12.30.2024

The government on Monday announced the adoption of the emergency ordinance aimed at curbing budget deficit to 7% in 2025, as undertaken before the European Commission. more

12.16.2024

Deloitte: Winter Holiday Spending in Romania Set to Rise 8% in 2024 amid Price Increases more

10.14.2024

Romanian tourists spent EUR2.6 billion on vacations abroad in the three months of summer, June-August, according to ZF calculations based on data from Romania’s central bank. more

08.22.2024

Back-to-school spending is likely to remain unchanged this year, as 73 percent of parents are concerned about rising prices for everyday purchases, so low and middle-income ones are planning to spend more

06.26.2024

Romanians last year spent RON308 million (EUR63 million) in cinemas, 25% more than in 2022, with the number of spectators rising by 16%, to around 13 million persons, slightly below the 2019 level, in more

01.30.2024

State-run national grid company Transelectrica (TEL.RO) estimates total revenue to reach RON5.3 billion in 2024, compared with a preliminary figure of RON4.7 billion in 2023, a potential increase of more

01.26.2024

Electrical power producer Hidroelectrica (H2O.RO), the most profitable state-owned company in Romania, included a preliminary net profit of RON6.02 billion for 2023 in its 2024 spending and revenue more

12.12.2023

The fast-moving consumer goods (FMCG) market shrank in volume in January-September 2023, which is the best indicator of the spending appetite of Romanian consumers. On the other hand, retailers’ more

10.23.2023

End-user spending on cloud services has grown approximately 30% in 2023 compared to 2021, globally, despite a diverse range of offerings, as per an analysis by a local branch of a pre-owned software more

10.17.2023

Romanians spent EUR2.5 billion on foreign trips this summer, up 19% from last summer, in line with ZF calculations based on NBR data. The sum is double the one registered in the summer of 2019. more

05.17.2023

Consumers globally continue to reign in their spending amidst a challenging cost-of-living environment, with 94% of consumers now worried about the rise of living costs as they continue to navigate more

02.17.2023

Over two thirds (69%) of consumers globally have reduced non-essential spending and most of them (96%) have adopted cost-saving behaviors, against the backdrop of record-high prices all over the 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

12.21.2022

Romanians spend RON4.3 billion on cold cuts a year, an indicator that has increased in the last few years and first half data of research company Market Vector show a slight rise of 2.2%. more

12.19.2022

Holiday spending remains at 2021 level this year, even though 37% of consumers are in a worse financial situation compared to last year and about three-quarters (73%) expect higher prices, according 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

09.29.2022

Romanians’ spending habits have not changed a lot since before the pandemic, and expenses are uniformly spread across the week, with slight differences between working days and weekend days, a more

09.19.2022

Romanians have adapted their financial behavior in the context of the accelerated increase in inflation, prices and utility bills in recent months, with almost half of them (47%) reducing costs, more

08.25.2022

The revenues of the general consolidated budget stood at RON258 billion in January-July 2022, an increase of 22% on the year-ago period. Expenses stood at RON285 billion, an increase of 16%, a higher more

06.22.2022

Romanians spent EUR1.9 billion on travel abroad in January-April 2022, as compared to EUR953 million in the same period of 2021, when there were travel restrictions in force amid the pandemic, in line more

02.03.2022

The pharmaceutical market in Romania generated sales of over RON21 billion in 2021, up 17% from the previous year, according to data provided by market research company Cegedim. more

12.20.2021

Foreign tourists who came on holiday in Romania in January-October 2021 spent around EUR2 billion, in line with data provided by the National Bank of Romania. more

12.06.2021

According to PwC, consumers are returning to in-store shopping in greater numbers, and out-of-home entertainment and travel are on the rise as three in five (61%) express optimism about the future, more