Half of the Romanians believe that their financial situation this year has worsened compared to last year, and 43% estimate that they will do worse in the next period, according to a survey conducted by CEC Bank in partnership with the bank comparator FinZoom.ro.As for the next period, 42.3% believe they will make it worse in the future and only 28.3% expect their financial situation to improve, and 29.3% do not expect changes to occur.Asked if they exchanged money at the beginning of March, in order to have currency in cash in the house, 20% of the respondents say that they did so, given that the Romanian market faced an increase in the demand for foreign currency cash in the first days after the outbreak of the armed conflict in Ukraine.The main concern for the next period is the increase in energy prices for 24.7% of respondents, three times more than those who are concerned that they may lose their jobs.In the top of the concerns, in addition to energy prices (24.7%) there is also the risk of extending the conflict in Ukraine (19.8%) but also risks to health in the context of the COVID-19 pandemic (16.3%). The increase in inflation and the impact on incomes and savings worries 13.2% of respondents, and a potential shortage of food - 12.5% of them.The survey on the financial situation of Romanians was conducted by the bank comparator FinZoom.ro, at the request of CEC Bank, in March, on a sample of almost 1,400 respondents from all counties, representative for Internet users. 60.3% of the respondents are salaried, 44.2% declared incomes between 2,500 RON and 5,000 RON, and almost half - 46.9% - under 2,500 RON monthly, 38.1% of those surveyed are aged between 25 and 40 years, 36% have higher education and less than 13% postgraduate studies.
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
Nearly nine in ten Romanians expect to spend less or no more than last year on Christmas shopping, according to a new survey by tbi bank that highlights the impact of rising prices on household budgets ahead of the winter holidays. The nationwide poll, conducted in October on a sample of 1,011 respondents, shows that […]
A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]
