More than 40% of Romanians say they will spend less during the winter holidays than they did last year, according to a survey conducted by CEC Bank in partnership with the FinZoom.ro bank comparator. To the question – compared to last year, this year do you think you will spend more or less on the Holidays – more than 40% of respondents claimed that they would spend 10%-30% less. At the same time, about 27% say they will spend the same amount of money, similar to last year. Only 23% of those surveyed say they will spend more than last year on the occasion of the holidays, while over 9% have not determined the amounts they will allocate to this period. Regarding the allocated budget, 30.5% of the respondents say that they will fall between 500 lei and 1,000 lei, while a quarter of those surveyed will spend less than 500 lei. About 20% of the respondents will spend amounts of 1,000 – 1,500 lei and only smaller percentages of those surveyed allocated larger amounts. For more than half of those surveyed, the main expenditure for the Holidays will be on food, for 42% of respondents on gifts and only under 5% will allocate most of the money for the holidays. But even the main expenditure category, food, has a budget of less than 600 lei for 70% of the respondents. For other categories of holiday expenses, almost 50% of respondents will allocate less than 300 lei, over 31% will allocate between 300-600 lei, about 13% between 600-1,200 lei and just over 5% will allocate amounts greater than 1,200 lei.
Romania’s Finance Ministry managed to attract RON 681.3 million and EUR 192 million (totaling RON 1.65 billion or EUR 326 million) through the sixth offering of government Fidelis bonds for retail investors. The new bonds were listed on the Bucharest Stock Exchange, an event marked on Thursday, July 17, at the BVB headquarters. According to […]
A new Hilton Garden Inn hotel will open in Bucharest as part of the final construction phase of the EnVogue Residence – Iuliu Maniu project, the developer announced Thursday, July 17. The hotel will be integrated into a two-section building, whose structure has already been completed, and will feature 125 rooms, a gym, restaurant, event […]
The Bucharest Stock Exchange (BVB) has announced the semi-finalists for the 2025 edition of its flagship program, BVB Arena, which aims to highlight ambitious Romanian entrepreneurial companies capable of driving the national economy. From an impressive initial pool of 485 valid nominations, the Nomination Committee selected 50 semi-finalist companies representing diverse sectors, including IT&C, trade, […]
Romanian president Nicușor Dan will pay an official visit to Berlin, Germany, on Friday, July 18, the Presidential Administration announced. The visit, taking place at the invitation of German president Frank-Walter Steinmeier, includes official talks with both president Steinmeier and German chancellor...
An analysis published by recruitment platform eJobs shows that the highest salaries in Romania in the first half of 2025 were in Bucharest and the counties in the west of the country. The southern parts, on the other hand, had the lowest average salaries. Over 130,000 jobs and 5.1 million applications were recorded in the […]
Former tourism minister Elena Udrea is to be released on parole from Târgșor Prison on Thursday, July 17, following a final decision issued by the Prahova Tribunal. The court rejected an appeal filed by the anti-corruption prosecutors (DNA Ploiești), who had challenged a previous ruling by the Ploiești Court approving Udrea’s conditional release,
