A Romanian eats out on average 3.2 times a month, which represents an eight-year low, shows a survey on the Romanian foodservice market."This year's figures show that the market has grown to 7.1 - 7.2 billion euros, but mainly due to inflation, to price increases, therefore in value, because in terms of volume things are not so good. The purchase frequency, for example is 3.2. A Romanian eats in the city 3.2 times a month, which is the lowest frequency we have recorded in eight years," Florin Maxim, president of the Association for the Promotion of the Hospitality Industry, said on Friday.According to him, in the current context there will probably be more "price movements and changes" which will determine part of the population to opt for buying cheap food, and just a small share will continue to afford eating at expensive restaurants.The cited survey looks at more than 100 indicators of the domestic foodservice business."Practically, we examine any channel through which cooked food is sold, from standard restaurants to the delivery segment or even the Gastro takeaway ready meal departments in the retail segment. For instance, for about two or three years now, we have also been monitoring cooked food purchases from gas stations," explained Maxim.He mentioned that the survey focused more on large urban centers and less on rural areas."There's a visible difference between Bucharest and the nationwide situation. In terms of cooked food consumption, nationally we see a preponderance of consumption on weekends, as people attend special events, these are the occasions when people dine out and less going out just to eat in the city," he added.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
