study

Analysts Warn Tax on Turnover Could Render 30% of Companies Insolvent

One out of three companies in Romania will be exposed to insolvency risks if the government replaces the 16% flat tax on profit with a tax on turnover, showed a study by Iancu Guda, president of the Romanian Association of banking analysts.

ManpowerGroup: Romanian Employers Forecast Steady Job Gains In Q3/2017

28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the ManpowerGroup Employment Outlook Survey. q

Study: Only 3% Of Total Romanian Companies Are The Engine Of Country’s Economy

Only 3% of total Romanian companies represent the engine of the country’s economy and half of them are in dire straits, according to the third edition of a study by insolvency practitioner Casa de Insolventa Transilvania (CITR) Group regarding the evolution of impact companies between 2013 and 2015.

EY: 31% Of Romanian Companies Say Business Environment Is Affected By Corruption

According to EY EMEIA Fraud Survey, 51% of respondents across Europe, the Middle East, India and Africa (EMEIA), still perceive that corrupt practices happen widely in business in their country despite sporadic progress in tackling bribery and corruption.

Romanians Remain Cautious About Online Shopping – Study

Romanians are cautious regarding online shopping, believing it a risky process, says the study of Internet users, by Gemius Group.

Percentage Of People Over 60 In Romania’s Population To Double To 39.5% By 2050

The percentage of people over 60 in Romania’s population will double over the next 40 years and will reach 39.5% by 2050, which will trigger an increase in state spending on pensions and healthcare from 13.1% of GDP in 2007 to 23.2% of GDP in 2060, according to a study by German insurer Allianz.

Fuel Consumption Most Important Factor For Romanians Buying Cars – Survey

Fuel consumption is the most important factor affecting choice for two thirds of Romanians buying a car, followed by brand, price, engine performance and comfort, says a survey by market research company GfK Romania, conducted in 2010.

Bucharest Hotel Occupancy Rate Seen 10% Higher In 2011

The occupancy rate of Bucharest's three- and four-star hotels will rise this year by about 10%, having increased in 2010 to 42% from 39%, according to the Bucharest Benchmarking Report, developed by consulting firm Fivestar Hospitality.

Romanian IT&C Sector Affected Unevenly By Crisis, Some Areas Posted Growth – Study

The economic crisis has taken its toll on the Romanian IT sector, but not every region has suffered its effects to the same extent, as businesses in some areas have managed to cut their losses or even grow, according to a study by IT solutions provider Institutul pentru Tehnica de Calcul (ITC).

Only 3% Of Romanians Trust Govt’s Power To Fight Corruption – TI Study

About 83% of Romanians said they do not trust in the efficiency of the Government’s efforts to fight corruption, while one in three Romanians admits to having offered bribe over the last year, according to the Global Corruption Barometer released Thursday by Transparency International.

Most Romanians To Spend Holidays At Home, On Less Money – Survey

Most Romanians will spend this year's winter holidays at home, with family or friends, and almost half of them will save up for this period in advance, though their budget is significantly smaller than last year's, says a survey by MEDNET.

Romanian Youths Unhappy With School-Provided Sexual Education – Study

More than half of the Romanian youths who took part in a European study on sexual health believe the teachers handling their sexual education at school do not have the necessary knowledge, says a press release.

More Than Half Of Romanians Struggle To Pay Bills, 25% In Debt – Study

More than half of Romanians struggle to pay their bills and almost one in four is in debt, according to the population confidence index measured by the Consumer Confidence Barometer developed by market research firm GfK.

Romanian Subway Co Metrorex To Organize Auction For Feasibility Studies To Build New Mainline

Romanian state-owned subway company Metrorex wants to organize an auction for prefeasibility and feasibility studies for works on a new subway mainline which will link southwestern Bucharest neighborhood Rahova to northeastern Colentina, the company said in a press release Wednesday.

Romania, Hungary Only E Europe Property Markets Unattractive To Investors – DTZ

Romania and Hungary are the only Eastern European real estate markets unattractive to investors, because of overvalued assets, while the lack of transactions means property prices need to continue to drop, says a global study by real estate adviser DTZ.

Negative Experience With Telecom Operators Made 44% Of Romanians Terminate Contracts

Nearly half the customers of Romanian telecom operators (44%), dissatisfied with the service they received, have stopped using the supplier and 72% have told others about their negative experience, says a study by GfK Romania.

Romanian Youths Insufficiently Educated Regarding STDs, Study Finds

Romanian youths are insufficiently informed regarding HIV transmission, as almost a quarter believe the infection is acquired through mosquito bites, 19% through kissing and 8.7% by shaking hands with an infected person, says a report by the Romanian Association for Health Promotion (ARPS).

More Than 75% Of Romanians Affected By Crisis – Study

More than 75% of Romanians over 18 have been affected by the global economic crisis - most of them women, entrepreneurs and university-educated employees, as well as people temporarily unemployed, says a study by Mercury Research released Monday.

Jobs Abroad For Romanians Drop By 40% On Mo In April – Study

While Greece remains the number one country hiring Romanians, the number of jobs abroad has decreased by 40% in April compared to March, according to a study released Tuesday by recruitment website Balaur.ro.

Four Romanian Cos Ranked In 2009 Deloitte Technology FAST 500 EMEA

Four Romanian companies are ranked in the 2009 Deloitte Technology FAST 500 EMEA, a ranking of the 500 fastest growing technology companies in Europe, the Middle East and Africa, with rankings based on percentage revenue growth over the past five years.

Political Instability, Econ Crisis Slashed Turnovers, Profit Of Over 50% Of Romanian SMEs – Poll

Political instability and the economic crisis reduced turnovers and profit for over 50% of Romanian small and medium enterprises (SMEs) in 2009 and the SMEs operating the trade and industry sectors were the most affected, according to a study by the Council for SMEs and Cult Market Research.

Around 5,000 Homeless People In Romanian Capital Bucharest, 300 Die Each Year – NGO Study

The number of homeless people in Romania is on the rise, with an estimated 5,000 people living on the street in Bucharest alone and 300 fatalities every year, according to estimates by the Samusocial Romania NGO.

Romanians Would Discard Landline Telephone, Cable TV Rather Than Internet – Study

Romanian clients of telecom operators find it very easy to discard traditional landline telephone and TV cable services, but few of them would be willing to discard internet services in a bid to cut spending, on harsh economic conditions, Gabriel Mustea, a director with PwC Romania, said Thursday.

Bucharest Subway Co Metrorex To Spend Some RON55.4M On Studies For New Mainline

Bucharest subway company Metrorex will pay some 55.42 million lei (EUR1=RON4.2817), VAT not included, on pre-feasibility and feasibility studies for a new mainline to connect Unirii Square in central Bucharest to Rahova and Colentina neighborhoods, in southwestern and northeastern Bucharest.

Most Romanians Believe They Are Worse Off Since 2008 – Study

The number of Romanians who believe their financial status has gotten worse since October 2008 has doubled, up to 63% of those who answered a survey conducted by GfK Romania, compared with Poland, where 33% believe they are worse off than last year.

Romanian Media Market Seen At EUR350M In 2009

Romania’s media market is seen reaching some EUR350 million by yearend, according to estimates included in the Media Fact Book 2009 study, drawn up by media agency Initiative and released Monday.

Romania Online Advertising Mkt Up 70% On Yr In ’08, To RON72.5M – Study

Romania’s online advertising market increased 70% in 20008, to 72.41 million lei (EUR1=RON4.1928) from RON42.6 million in 2007, according to the latest edition of Romanian Online Advertising Study (ROADS) drafted by IAB Romania and PwC Romania.

Online Stores In Romania Seen Up 50% Annually, To 3,000 Stores In 2011 – Study

The number of online stores in Romania is seen increasing by an annual 50%, to reach 3,000 functional e-commerce stores in 2011, according to a study ordered by Romania’s National Communication Authority, or ANC.

Bucharest Down Three Spots In European Business Destinations’ Top 34 – Study

Romania’s capital city Bucharest ranks 31 of 34 European cities in this year’s hierarchy of the best business destinations, losing three positions because of high rents for office spaces and availability of high quality office locations, according to a study made by Cushman&Wakefield.

National Lottery Stays Romania’s Most Valuable Brand In ’08, Worth EUR36M

Romania’s national lottery ‘Loteria Romana’ kept its position in 2008 as the country’s most valuable brand, estimated at EUR36 million, EUR1 million higher than last year, according to a ranking by the Vienna-based European Brand Institute.

Gap Betw Romania’s National Net Avg Wage And Wages In Multinational Cos Narrowed In 2008 – PwC

Differences between Romania’s national net average wage calculated by the official statistics board and the net average wage paid by private companies have reduced in 2008 compared to 2007, but large gaps remain for management positions, PricewaterhouseCoopers (PwC) said Thursday.

One Out Of Ten Romanians Plans To Buy A Home By ’10 – Study

One out of ten Romanians estimates they will buy a home in the next three years, a much higher ratio compared to the average registered in central and eastern European states, and the highest ratio in the region, according to a study compiled by lender UniCredit.

Romania Most Able To Adjust To Economic Shocks, But Based On Poor Tax Administration – S&P

Romania is third in a ranking of governments most able to adjust to adverse economic trends and react swiftly and effectively in the wake of economic shocks in the EU-27 and Norway, Iceland, and Switzerland, but that reflects poor tax administration, ratings agency Standard&Poor's said Wednesday.

Bucharest Ranks 108 In World Quality of Living Chart – Mercer

Romanian capital Bucharest is ranked 108 among 215 cities worldwide with respect for living standards. The city is also ranked second last in the EU, in a world chart led by Zurich, Vienna and Geneva, according to data issued by consultancy company Mercer.

Study Reveals Fewer Cars Engaged In Traffic In Romania’s Capital City Bucharest

The average number of cars engaged in road traffic in Romania’s capital city of Bucharest dropped in the last six years, according to a study conducted by Romania’s Ministry of Transports, although, based on official data, the number of car registrations hiked significantly and traffic is more and more crowded each day.

Land Prices In N Bucharest Climbed To EUR6,000 Per Square Meter- Study

Land prices in Bucharest’s northern area climbed up to EUR6,000 per square meter over shortage of lands used for construction works, as indicates a study conducted by realty consulting company Colliers.