Romanian luxury market dominated by multi-brand stores and franchise partnerships
Bucharest, often referred to as "Little Paris," has been one of the fastest-growing cities in the European Union over the past two decades.
Bucharest, often referred to as "Little Paris," has been one of the fastest-growing cities in the European Union over the past two decades.
This is the conclusion of the study EXPUS in the Election Year conducted by Golin Romania, through Path, in collaboration with iSense Solutions.
Year-over-year (YOY), both the Americas and EMEIA regions recorded double-digit growth by both number and proceeds in the first three quarters.
The biggest problems that SMEs face in 2024 are inflation, unfair competition, and salary increases, according to the National Council of SMEs in Romania (CNIPMMR).
Additionally, in the first half of 2024, Metropolitan Life paid allowances amounting to a total value of RON 121.5 million, an increase of 36.72%.
Earlier this year, in May, Hesburger announced its entry on the Romanian market with the opening of its first restaurant in Râmnicu Vâlcea.
According to the report, the global economy reached a trough in the first half of 2024, with the outlook for the end of this year and 2025 indicating a modest rebound