04.26.2017

The economic expectations of Romanian consumers rose to 18.3 points at the end of the first quarter of 2017, which was as positive as they had last been in October 2015, according to GfK’s EU more

03.01.2017

The execution of the general consolidated budget for January 2017 shows a decrease in consumer confidence regarding Romania’s general evolution, Dragos Anastasiu, president of the Romanian-German more

01.31.2017

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11.29.2016

Augustin Oancea, the man behind the Tinmar energy group, wants it to have about 3 million household customers in five years, which is one third of the local market. Italy’s Enel, for instance, has more

10.20.2016

The Romanian economy is booming, nevertheless, consumers are skeptical about the next few months and would not rule out the possibility of an economic slowdown, according to a GfK study. more

09.12.2016

Romanian consumer prices increased 0.07% on the month in August, taking the annual rate to -0.2% from an annual rate of -0.8% in July, the country's statistics board said Monday. more

08.10.2016

Romanian consumer prices dropped 0.24% in July compared with June, taking the annual inflation rate to -0.8% from -0.7% in June, the country's statistics board said Wednesday. more

07.31.2016

Consumer lending will continue to register an important growth and can even reach 20% on an annualized basis, which is an alarming trend, according to financial analyst Dragos Cabat. more

07.29.2016

The stock of leu-denominated consumer loans granted to households reached a new record high in May 2016, to RON34.5 billion, up 10% on the year, central bank data showed Friday. more

07.11.2016

New loans for consumers beat new corporate loans in Romania for the first time ever. After having had to deal with corporate insolvencies in the range of billions of euros, banks prefer to work with more

06.13.2016

Consumer loans have gone up 15% to 34 billion lei (EUR7.53 billion) at the end of April, compared with the year-ago period, Romania’s central bank data show. more

05.30.2016

Non-banking financial institutions members of the ALB Romania association, which make up for 80% of the local consumer lending market, granted financing of EUR663 million in the first three months of more

05.11.2016

Romania climbed three spots from 2015 to 50th place this year in GfK’s Connected Consumer Index which provides a single measure covering how much and on what devices, consumers in each of 78 more

04.05.2016

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03.28.2016

Leu-denominated consumer loans reached 31.6 billion (EUR7 billion) in February, an increase of 14% on the year-ago month. Leu-denominated personal loans therefore reached the highest level since May more

01.14.2016

Tinmar Ind, a company whose revenue could reach EUR700 million from electricity, natural gas and oil product trade in 2015, says one of the main avenues for development it will pursue this year is 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

11.19.2015

Non-banking financial institutions members of the ALB Romania association, which make up for 78% of the local consumer lending market, granted financing of EUR1.78 billion in the first nine months of more

10.14.2015

Romanians expect an increase in their incomes given the growing economy, but the low incomes, which usually suffice only to pay for everyday necessities, trigger a low willingness to spend, according more

10.14.2015

Individual customers took out 2.2 billion lei (EUR498 million) new loans in August, RON700 million more than in August 2014. more

08.11.2015

Romanian consumer prices extended their decline in July, after a major cut in the month before provoked by the reduction of the value added tax rate for food products. more

07.03.2015

Romanian banks granted new consumer loans worth RON1.5 billion in May, double from the same period a year before and a seven-year high, according to the aggregated data of the central bank. more

06.17.2015

Provident, UniCredit Consumer Financing (UCFin) and Cetelem, the top three largest consumer credit firms in Romania, switched to an aggregated net profit of over 200 million lei (EUR46 million) in more

03.04.2015

The shareholders of dm drogerie markt this January brought EUR4.2 million in Romania, a sum big enough to cover investments in the opening of 9-10 stores, according to ZF’s latest data. more

02.25.2015

Romanians are confident that their income prospects would improve but this has not yet had a major impact on willingness to buy, as Romanian consumers need all their available income for everyday more