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Readership of print publications nosedives in Romania: only four with plus 0.5 million readers
Readership of printed publications in Romania went down last year compared to 2010 for all surviving publications, on a market which suffers from lack of advertising budgets. Only four print publications in Romania had more than 500,000 readers per issue in the second half of 2011, compared to 20 print products the year before, according [...]
Readership of print publications in Romania in 2010
Publication Frequency Publisher Readers per issue (000) 1 Click Daily Adevarul Digital Media 1159 2 Adevarul De Seara Daily Adevarul Holding 1040 3 Libertatea Daily Ringier Romania 1007 4 Click! Ghid TV Weekly Adevarul Digital Media 950 5 Practic in bucatarie Monthly Burda Romania 941 6 CANCAN Daily Cancan Media 899 7 Rebus Monthly [...]
Print publications readership in Romania – May 2011- January 2012
Publication Frequency Publisher Readers per issue (000) 1 Practic in bucatarie Monthly Burda Romania 896 2 Click! Ghid TV Weekly Adevarul Digital Media 693 3 Click Daily Adevarul Digital Media 647 4 Click pofta buna! Monthly Adevarul Holding 503 5 Libertatea Daily Ringier Romania 498 6 Click SANATATE Monthly Adevarul Holding 491 7 PRO TV [...]
Romania in 2012: 12 topics to keep an eye on
A number of topics will shape Romania in 2012, and we picked the 12 of the most important. Pay attention to these developments through this year. Planned Stock Exchange listings Several planned International Public Offerings (IPO) and secondary stock exchange listings are planned for 2012 on the Bucharest Stock Exchange. These could revive the market [...]
Doug Richard, School for Startups: Romanian entrepreneurs no more burdened than anywhere else
Romanian entrepreneurs complain about various local impediments to running a successful business in Romania, but in fact they’re no different than those faced by entrepreneurs in other countries, says Doug Richard, investor and serial entrepreneur, founder of the School for Startups, in an interview for Romania-Insider.com. More importantly, the outsiders’ perception of Romanian startups does [...]
Romanians pay EUR 880,000 to watch movies in cinemas on Christmas break
Romanians spent over EUR 880,000 on tickets to movie theaters between Christmas and New Year’s Eve last year, with ‘Sherlock Holmes: A Game Of Shadows’ holding the first spot in the box office, according to a calculation made by Romania-Insider.com, based on data from Cinemagia. The sequel to Sherlock Holmes brought revenues of EUR 280,000 [...]
Romania: 15 things that shaped 2011
As the year approaches an end, Romania-Insider.com looks back at the biggest business and political developments of 2011 in Romania. In a random order, we picked the 15 most important issues that shaped business and politics in Romania this year. Which one was the most important, in your opinion? Nokia closes down factory in Romania Finnish [...]
Top 20 box office movies cash in USD 18 mln in Romania in 2011
Romanian cinema aficionados have paid around USD 18.1 million to watch the top 20 movies in Romania this year, based on box office data. By comparison, the most recent Hollywood production ‘New Year’s Eve’ made USD 13 million during one week-end alone in the US, according to data from Box Office Mojo. Romania-Insider.com looked at [...]
From a torrent to a trickle: wine production halves in Romania
Romanian territory dedicated to viniculture has decreased significantly over the last ten years. Despite the reduction in area of vineyards, the total wine production increased significantly over the same period, until last year’s dramatic 51 percent year-on-year fall, according to recent Eurostat statistics. Back in 2000 Romania had over 265,000 ha under viniculture, putting it [...]
First Valentino flagship store in Bucharest opens in December in The Grand retail galleria
The first Valentino mono brand flagship store in Bucharest will open in December within the retail galleria of The Grand, the complex which also hosts the five-star JW Marriott Hotel in Bucharest, Romania-Insider.com has learned. The Valentino store, on some 250 sqm, will open on the right side of the retail galleria within the Grand [...]
Suie Paparude band co-founder: Romania is a country of contrasts, and so is its music
Romania is a country of multicultural musical influences and Romanians seem to love to listen to music in general. In an attempt to find out how the Romanian music scene evolved from the 90s and what sort of music makes Romanians click, we’ve talked to Mihai Dobre – aka Dobrica, member of popular Romanian band [...]
With EBRD among shareholders, CallPoint wants new call center in Romania, eyes acquisitions
CallPoint New Europe, a business process outsourcing company based in Eastern Europe, has received a EUR 3 million investment from the European Bank for Reconstruction and Development (EBRD). The EBRD acquired 37.5 percent in the company, allowing it to grow both in Romania and Bulgaria in the years to come. CallPoint New Europe wants to [...]
The changing face of Bucharest. Projects in planning: cable car, new metro lines, car parks
The Romanian capital slowly changes the way it looks, and it’s not only through private investments that new projects are created. Even through the pace of works is slow, new projects initiated by public authorities – namely the Bucharest City Hall – are lined up to go off the ground, or underground, in some cases, [...]
Romanian business owner in the US: We survived the crash and doubled revenues afterwards
Young Romanian entrepreneur Radu Rosu started his IT&C company in the US ten years ago, in the aftermath of the 9/11 tragic events. He only needed USD 175 to get the firm off the ground. Eloquentix, the firm he started, needed just two months to become profitable. The 2008-2009 crash caught it in a good [...]
Diana Vasiliu, Allen Carr Romania clinic: ‘Romanians have a problem in asking for help’.
Diana Vasiliu has left her job with an advertising agency to become a certified trainer in the Allen Carr Easyway method and help Romanians quit smoking. She became a therapist – the only Allen Carr certified therapist in Romania and quit her job at the advertising agency last summer. She then went on to launch [...]
Exclusive: Avon Romania grows turnover and profit on shrinking market. What were the growth engines?
The direct selling market in Romania slightly shrunk last year, to sales of EUR 174 million generated by the four companies included in an analysis by Romania-Insider.com. This was below the EUR 180 million the year before, and the only player on this market which managed to increase both its turnover and profit was Avon. [...]
Romanians cut down on cigarette packs and spend 10 times less than Slovenians
The tobacco market in Romania could grow to EUR 4.2 billion in 2012, from a level of EUR 3.6 billion reported in 2010, while Romanians smoke far less than their Eastern European neighbors and have reduced their cigarette intake compared to two years ago, Romania-Insider.com has learned from Euromonitor. The retail value of the Romanian market, [...]
Distribution figures plunge in second quarter as fewer readers for Romanian print media
The print media segment in Romania took a nosedive in sales volumes in the second quarter of this year compared to the same period of 2010. Most printed newspapers and magazine reduced the number of distributed copies, found an analysis run by Romania-Insider.com on the main print media brands. The average drop in distributed copies [...]
Exclusive: First 100 companies in Romania by sales make EUR 51.7 bln in 2010. Full top
The 100 largest companies in Romania grew their sales last year by EUR 7.7 billion compared to 2009, reaching EUR 51.7 billion, Romania-Insider.com has learned. In an analysis of the first 100 biggest companies in Romania by their 2010 sales, 21 companies saw their sales dropping, three had flat sales, while five more than doubled [...]
Moving and relocation brings EUR 0.4 mln profits to six providers in Romania
The businesses of the largest moving and relocation companies in Romania managed to go slightly up last year, compared to 2009. The six companies analyzed by Romania-Insider.com together made revenues of EUR 4.7 million, up from EUR 4.5 million in 2009. All these six companies made a profit this year, while last year, only four [...]
Romanian insurer CertAsig eyes Turkish branch due to growth on marine insurance segment
Insurance and reinsurance company CertAsig, majority owned by investment fund Royalton Capital Investors II, could open an office in Turkey next year, if its marine insurance business will continue its current growth trend, James Grindley (in picture), CEO CertAsig said in an interview for Romania-Insider.com. “We are doing a lot of business in Turkey. About 85 [...]
Do you want profits with that? Four companies sell EUR 160 mln of fast food products in Romania
The four best known fast food restaurant operators in Romania, McDonalds, KFC, Pizza Hut and Burger King together sold over EUR 160 million of fast food products last year in their 126 restaurants in the country, according to their 2010 financial data, Romania-Insider.com has learned. Fast food seems to have been a safe bet during [...]
New players line up on Romania’s video-on-demand market. How to (legally) watch movies online
With the 24-hour television no longer as popular as several years ago and the constant rise of the Internet, along with the launch of TV sets which can easily play online content, watching movies online has become the norm for many Romanians. The online piracy rate in Romania, which places the country on the International [...]
HappyDental plans to expand from Romania to UK and grow clients three-fold
HappyDental, a dental clinic with two units in Romania, owned by Luana O’Connor, plans to open a unit in UK in 2012, O’Connor told Romania-Insider.com. HappyDent, with two units located in Ploiesti and Gornesti and a yearly turnover of EUR 200,000, hopes it would triple the number of patient revenues from the recent introduction of [...]
Plenty of fish in Romania’s ponds: fishing destinations for a relaxing day near Bucharest
Fishing is an ancient practice that dates back to, at least, the beginning of the Paleolithic period about 40,000 years ago. While back then it must have been more of a survival skill, nowadays, a fishing session can reduce some of the stress in our busy lives. If you’re passionate about fishing or you just [...]
Enter a city
Romanian court rules Prince Paul member of Royal House of Romania 
Jamie Oliver strikes gold in new restaurant basement - Top Gear’s James May (just about) presents new Dacia Lodgy during the TV show
Yum! switches to Coca Cola from rival Pepsi for its KFC, Pizza Hut restaurants in Romania - Subway fast food chain enters Romanian market with Iasi restaurant
Two Romanians awarded by Oscars organizers for Phantom high speed camera 
Romanian climber Coco Popescu sets world record for climbing tallest volcano in Antarctica 
Romanian actress Ana Ularu receives ‘Shooting Stars’ award at Berlin Film Festival 
Shakira to shake up Bucharest with May concert 
Lufthansa introduces new flights to Romania after 20% increase in passenger volumes
