Around 50% of Romanians are expressing concern that they will not be able to maintain a comfortable lifestyle after retirement, finds new research by Kearney.
The European retail banking sector experienced a significant deceleration in income growth in 2024, dropping to 2.9% from 18% in 2023.
57% of Romanian consumers buy banking products online, nearly double that of 2020 (30%).
Nearly three-quarters (73%) of European bank customers have kept their primary account with the same financial institution for over five years.
In 2023 alone, Kearney identified 827 new zombie companies—outpacing the 534 that were “resurrected” by improving financial situations and the 127 that were delisted.
Kearney calls upon organisations and key industry bodies to activate change to build and sustain diversity and inclusion in the sector.
A striking 88 percent of respondents across the world said they were planning to increase their FDI in the next three years—up 6 percent from last year.
DP World has expanded its operations in Romania with two new mobile harbour cranes and a 119,000 sqm multimodal terminal platform at Constanța South Container Terminal.
Romania's Competition Council has fined three companies a total of RON 135.2 million (€26.6 million) for anti-competitive agreements in the heated tobacco products market.
Holiday spending is decreasing by about 10% this year compared to 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods.
Engie Romania has doubled its renewable energy capacity to approximately 500 MW following the acquisition of a 253.1 MW wind farm in Ialomița county from Greenvolt Power.
Metinvest has completed the acquisition of ArcelorMittal Tubular Products Iași, located in eastern Romania.