growth

President Klaus Iohannis declared on Tuesday that the economic situation in Romania is good, there is economic growth and that there is no need for salary cuts. "There is no loophole. I am completely against chaotic pay cuts," the president…

Mazars, the international audit, tax and advisory firm, today releases its 2023 C-suite barometer: Bold leadership for a sustainable future. This report is the result of an in-depth survey conducted in Q4 2022, which took the pulse of over…

The Romanian e-commerce industry reached the threshold of 6.3 billion euros at the end of 2022, the value being slightly higher that the value recorded in 2021 (6.2 billion euros), according to the estimates of GPeC, ARMO and of the other…

The National Institute of Statistics (INS) has revised down the growth in the last quarter of last year, from 1.1% (compared to the previous quarter) to 1%, according to the statement sent on Wednesday, which details the "signal" data.…

Insurers’ growth and profitability will most likely be negatively impacted in 2023 by the current macroeconomic and geopolitical challenges such as the threat of global recession, effects of Russia’s invasion of Ukraine and lingering…

Romania's 2022 retail turnover (except for trade in motor vehicles and motorcycles) was 4.4 percent up in unadjusted terms from the previous year, as an effect of growth in automotive fuel retail sales in specialized stores (+9.6 percent),…

The total volume invested in income-producing real estate assets - office, retail, logistics and industrial spaces and hotels - in the Central and Eastern Europe returned to growth last year, a positive evolution mainly driven by the…

In 2023, retailers expect a 10% increase in sales of products or services compared to last year, as artificial intelligence and other emerging technologies will be used more intensively to attract customers and promote brands, shows an…

2022 was an atypical year for the ecommerce market, with increases of 10%-15%, lower than in other years, Romanian consumers making fewer impulse purchases. Instead, competition has increased, and the number of advertisers is increasing,…

Industrial production prices increased by 44.8%, in Romania, in November of 2022, compared to the same period last year, our country ranking third in the EU in this regard, with higher increases only in Hungary (63.5%) and Latvia (51.2%),…