09.01.2021

Romania’s HR services industry was in full swing ahead of the pandemic, with the overall turnover of companies in the field posting ongoing growth each year between 2017 and 2019. In 2020, though, more

08.27.2021

The pandemic has not slowed down the constructions works Italy’s Astaldi group is carrying out in Romania, shows the latest financial report published by the company. more

08.09.2021

ibis Bucharest Politehnica hotel, developed by Ionut Cosmin Fleancu and Dan George Dobre, two Romanians jointly owning Novum Business Services company, has been officially opened, being part of the more

08.05.2021

The biggest delivery companies in Romania, Glovo, Bringo, Tazz by eMAG and FoodPanda, last year generated turnover worth close to RON240 million. more

07.07.2021

Developments in the pandemic continue to generate considerable uncertainties and risks to the inflation outlook, at least in the short run, amid a considerable slowdown in vaccination and the spread more

06.10.2021

The turnover of the hospitality industry in Romania dropped 35% in 2020, to RON17.9 billion, due t pandemic restrictions, while the total losses of all companies in the industry tripled to RON2.3 more

04.20.2021

Feelings of isolation and loneliness, stress and uncertainty have affected people’s health during the pandemic, with 36% of the respondents to a PwC global survey stating that they had experienced more

02.25.2021

The construction industry, too, will suffer the effects of the pandemic in 2021, after having been relatively safe so far, believes Cristian Erbasu, owner of Constructii Erbasu, the largest Romanian more

01.21.2021

Over a third of employees in Romania expect to go back to working in the office in 2021, alongside the entire work team. The office of the future offers more safety, more routine and a platform for more

01.11.2021

Home appliances plants worked around the clock to meet rising demand from consumers in 2020, who stayed home and invested in household goods. more

12.24.2020

End of a decade. The crisis caused by the COVID-19 pandemic not only marks 2020, but also leaves its mark on the entire decade that is ending, as well as on the first few years of the coming decade. more

12.09.2020

The number of corporate insolvencies and restructuring processes have stayed low in Central and Eastern Europe (CEE) since the onset of the COVID-19 pandemic, except for Romania, which saw an increase more

11.27.2020

The number of labor contracts terminated in Romania since March 16, 2020, when the country declared the state of emergency, has reached nearly 1.75 million, per Labor Inspectorate data provided at the more

11.24.2020

Romania’s Fiscal Council says the macroeconomic scenario revised by the government, which envisages an economic contraction of 4.2% in 2020 and, despite being more adequate than the previous one more

11.11.2020

The computer and electronics industry put at EUR3.5 billion last year seems to be immune to the pandemic considering people are no longer spending money on vacations, on going out or on clothes but on more

11.10.2020

The COVID-19 pandemic will disrupt consumer holiday shopping plans worldwide, according to the fifth edition of the EY Future Consumer Index released Tuesday. more

11.10.2020

Apartment prices in Romania’s large cities grew 2.4% in October 2020, after a decline of 0.9% in September, despite the COVID-19 pandemic. more

10.30.2020

The overall computer and electronics industry has been one of the winners of this time when people switched to working from home and have been spending less time outdoors. more

10.26.2020

Liviu Tudor, one of Romania’s biggest office owners, has developed a new standard that certifies the resilience of office buildings to pandemic or similar risks. more

09.24.2020

On-trade volume sales of beer are expected to fall by 28% in 2020 in light of the impact of COVID-19, an analysis of market research company Euromonitor shows. more

07.01.2020

Ford Romania will not extend the employment contracts concluded for a definite period of time, as the European automotive market continues its contraction due to the coronavirus pandemic. more

07.01.2020

Romania's hospitality industry currently reaches just 15-20% of the revenues it had in the same period last year, as only deliveries and open-air service are currently allowed and the government has more

06.30.2020

Nearly 30% of small and medium-sized enterprises (SMEs) in Romania expect their turnover to return to a level comparable to last year’s level until the end of 2020, per a survey by the National more

06.29.2020

Online payments using bank cards issued by Visa in Romania grew over 50% in April 2020 compared with the same period in 2019, as the novel coronavirus (Covid-19) pandemic gave a strong boost to the more

05.14.2020

Romania is among the countries with the lowest or non-existent pandemic impact for German-held construction group HeidelbergCement, its latest report (first quarter 2020) says. more