Business Intelligence

Cushman & Wakefield Echinox: Retail parks in Romania proved to be twice more resilient than shopping centers during the pandemic

Aug 4, 2021

Retail parks in Romania proved to be much more resilient during the pandemic than shopping centers, the turnover of the companies that own such properties decreasing by 9.5% during 2020, compared with ...

Brexit – adapting to a changing environment, its impact on the Romanian economy, and what rules you should follow, both as a business owner, as well as a citizen

Jul 28, 2021

UK companies are no longer considered participants in the EU's single market and beneficiaries of the free movement of people, goods, and services The common provisions of the system of VAT, ...

Mazars publishes its latest Central and Eastern European Tax Guide

Jul 28, 2021

Wage levels and labor costs vary significantly in the countries of the region Over the past year, the minimum monthly gross wage has increased in Romania by 3.14% Average wages in the private ...

PwC Report: Romanian entertainment and media industry expected to increase by 8% in 2021 and exceed the 2019 level

Jul 20, 2021

The entertainment and media (E&M) industry in Romania is expected to achieve year-on-year growth of 8.09% in 2021 to a total value of EUR 2.62 billion, taking it above the pre-pandemic level (EUR ...

Deloitte study: housing in Romania, among the cheapest in Europe. A standard new dwelling can be purchased for seven average gross annual salaries

Jul 19, 2021

New dwellings’ prices sold on the Romanian market increased by 3.1% in 2020 compared to the previous year, reaching an average of 1,322 EUR/sqm. Thus, Romania ranks fourth among the 24 countries ...

Cushman & Wakefield Echinox: Transactions totalling 300 million euros have been closed in H1 2021, backed by the increasing office appetite of the Austrian investors

Jul 19, 2021

The total value of transactions with commercial real estate assets in Romania reached 298 million euros in the first half of 2021, a 23% decrease compared to the same period of last year, the market ...