The insurance sector in Romania rem🎐ained underdeveloped in 2017. Insurance penetration, measured 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 ...

Turkey’s automotive sector recorded solid growth in 2017, with production and exports hitting new record highs for the third straight year. The surge was supported by increased investments, with local automotive manufact🐬urers expanding their ...

The strategic location of Poland at the heart of Europe creates vast𒅌 opportunities for development of the transportation sector. In 2017 the sector accounted for 6% of the country’s GDP, generatingဣ 6.5% of all employment in Poland. Moreover, ...

The automotive industry in Russia has a relatively small share in the country’s economy and employment. The sector generates less than 1% ꦬof Russia’s gross domestic product (GDP) and provides employment to about 600,000 peopl😼e, or less ...

Turkey has insignificant oil and gas reserves and imports more than 90% of the energy resources that its fast-growing economy ne🍸eds. The government has initiated a number of projects toꩵ enhance exploration of both onshore and offshore blocks in order ...

Russia is a major producꦗer and exporter of oil and natural gas. According to BP, the country holds the world&r♓squo;s largest proven natural gas reserves (18.1% of the total) and ranks sixth in terms of crude oil reserves (6.4% of the total). The ...

The large size of the Russian population offers strong growth opportunities to the insurance companies but the sector remains underdeveloped mainly because of the low income levels in the cou𝔉ntry and the limited awareness of the benefits of insurance ...

Turkey’s insurance sector witnessed robust growth throughout 2013-2017, with premiums rising at a compound annual grow🦹th rate (CAGR) of 18.6% o🦂ver the five-year period. Expansion was supported by  increasing employment, consumption and ...

The Russian banking sector is slowly recovering from the serious blow it suffered in 2015-2016, when the economy swung into a recession triggered by low oil prices and Western sanctions in response to Russia&rsqu🥂o;s anne🎶xation of the Crimean ...

The automotive industry is a strategic sector for the Romanian economy. In 2016, the manufacture of motor vehicles and other transport equipm💛ent (which includes the product🅷ion of both vehicles and car components) generated 3% of total gross value ...