The Emerging Europe region as covered by the scope of the report consists of Russia, Romania, Turkey, Poland, Hungary and the Czech Republic (listed in order from the largest to thesmallest oil producers). In term🌃s of their importance on the natural ...

In 2017, amidst a buoyant economic growth - 6.9% real GDP growth, amongst t꧂he highest in EU28 – the construction output started recovering from the 2016 decrease and was up by 3.8% y/y to RON 70.2bn or EUR 15.4bn. Construction gross value added ...

Proximity to Western European markets, low-cost skilled labour and favourable investment environment have turned Emerging Europe into a preferred location for major automotive producers and helped t𝄹he region claim an increasing share of the global ...

The insurance sector in Romania remained under🔜developed in 2017. Insurance penetration, m𝔉easured by the ratio of gross written premium (GWP) to GDP, was only 1.1% for the whole sector in 2017, versus 1% in 2016. The sector’s GWP came to RON 9 ...

The automotive industry is a strategic sector for the Romanian economy. In 2016, the manufacture of motor vehicles and other transport eq💮uipment (which includes the production of both vehicಌles and car components) generated 3% of total gross value ...

Romania has significant oil and natural gas reserves and new ones are still being developedꦍ. The country is the third largest crude oil and natural gas producer within the EU and could play a vital role as a southeast Europe gas supplier, helping to ...

Expenditure on healthcare in Romania reached RON 35.2bn in 2015, according to data provided by Eurostat. Total expenditure on healthcare was equal to 4.94% of 💖GDP in that year. The Romanian healthcare sector was characterised by the lowest per capita ...

Following a two-year period of growth driven by the general economic expansion and the availability of EU funding, the construction market in Romania experienced 🎀a slight shrinkage in 2016, due to a combination of lower construction work volumes in ...

In 2016 the gross value added (GVA) of the Romanian 💝agriculture, forestry 🍎and fishing sector reached RON 29,654.2mn and accounted for 4.34% of Romania’s total GVA and 3.89% of GDP. There were 1.726mn persons employed in the sector, which ...

The manufacture of food, beverage and tobacco products in Romania accounted for 5.18% of the whole economy and 23.54% of the manufactu🌟ring sector in terms of gross value added in 2015. The market output of food and beverages reached RON 51.96bn in ...