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 restaurant chain Spartan, which local entrepreneur Stefan Mandachi sold last year to the brand’s main franchised investors, said it recorded a turnover of EUR 48 million in 2023 and announced plans for local and international expansion. The quick-service restaurant network has reached 75 locations and sold Greek-inspired products to over 7 million customers last […]
Remote Butler, an app developed by an IT company from Cluj-Napoca, Romania, that allows registered waiters to practice their profession regardless of their location, will also include people with disabilities. Moreover, it will also use sign language to make it more pleasant for people with speech impairments to access the services of the restaurants they […]
Techsylvania, the premier tech conference renowned for its ability to unite visionaries in the world of technology, is gearing up for its highly anticipated event in 2024. With a focus on fostering collaboration, sparking innovation, and providing unparalleled networking opportunities, Techsylvania 2024 promises to be an event like no other. Among the most exciting aspects […]
‘Small actions influence significant and unforeseen consequences’ This is the root of the Butterfly Effect and the theme behind the inaugural edition of TEDx ISB. We are thrilled to share the resounding success of this event’s first edition, held on the 6th of April 2024. TEDx events are...
flydubai decided to open a new office in Bucharest, in the Eminescu Offices building, according to Cushman & Wakefield Echinox, the real estate consultancy company that brokered the lease. Founded in 2008, flydubai is a low-cost airline based in the United Arab Emirates (UAE). Elena Iaru, Consultant Office Agency, Cushman & Wakefield Echinox, said: “We […]
Alstom announced on April 23 that it completed a new maintenance facility in Bucharest for electric rolling stock. According to the company, Alstom Grivita Depot is Romania’s first established depot dedicated to the maintenance and testing of electric trains and locomotives. The first EMU from...
