Romanian private sector wages up 7 pct on average in H1, says Smartree

HR outsourcing consultancy Smartree says that wages in the private sector rose by an average of 7 percent in the first half of this year compared to the same period of last year, mainly due to the increase of the minimum wage and possible negotiations between companies and employees. The biggest increases in pay were recorded in the car parts manufacturing industry, pharma and software...

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Housing prices in Romania up by 3.1%

Houses for sale in Romania were more expensive by 3.1 percent in the second half of 2017, informs. Cluj-Napoca ranks first with the highest prices per square meter for apartments and Bucharest comes second, according to a study by The 3.1 percent increase is similar with the one reported in the first half of 2016, 3 percent on the average. Housing prices went...

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Historic record: Romania imported foodstuff worth EUR 3.2bn in H1

In the first semester of 2017, Romania’s imports totalled EUR 36.7 billion, of which 8.8% were foodstuff imports – EUR 3.2 billion. Such a level hasn’t been recorded after 1989 and it is double against H1 2008, official statistics reveal. Data released on Wednesday by the National Statistics Institute (INS) show that Romania’s agro-food exports in H1 2017 were worth only EUR 2.1 billion, resulting...

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Romania’s retail trade up 7.8% in H1

  Romania’s retail trade turnover, which is considered the most important indicator of household consumption, increased by 7.8% in the first six months of this year compared to the same period last year. The growth was supported by the sales of fuel in specialized stores, according to the National Statistics Institute (INS). The figures don’t include the sales of motor vehicles and motorcycles. Fuel sales...

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Kingfisher buys Praktiker in Romania

British Do-It-Yourself group Kingfisher, which is the parent company of the local retailer Brico Depot Romania, has fully acquired the DIY retailer Praktiker Romania from the Turkish investor Omer Susli, who is active in the construction sector. Praktiker is one of the biggest construction materials and home decor retailers in Romania. In 2014, the German group Praktiker sold its operations in Romania to Omer Susli....

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First shots of the next generation Dacia Duster hint at a minor makeover for Dacia’s budget SUV but there won’t be a 7-seater

A fresh Dacia Duster is in the works and there are high hopes within Dacia for the new budget SUV. It’ll be an all-new model to replace the recently facelifted Duster and it will get its first public outing at the 2017 Frankfurt Motor Show in September. Though UK buyers have only been offered Dacia’s 4×4 since 2012, the current model has actually been around a little longer. An initial launch in...

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