KeysFin | Romania Feed

The revenue of the winemakers in Romania increased by more than 20% in 2021 compared with 2020, reaching its highest level ever, almost RON2.1 billion, a KeysFin report says.

The turnover of recycling companies in Romania could reach RON13 billion (EUR2.6 billion) in 2022, which would translate into an increase of 2.36% compared to 2021, in line with an analysis released by KeysFin.

KeysFin analysts expect food retail sales in Romania to exceed the RON142 billion threshold in 2021, due to increased demand and to elevated inflationary pressures.

Loans granted by non-banking financial institutions (NBFIs) in Romania touched a record high of over RON37.5 billion in mid- 2021 after a 6.7% increase in the first six months of the year compared with the same period in 2020, per an analysis by KeysFin.

Romania’s beer market is seen touching a new record high, of RON4.6 billion, in 2021, per an analysis by KeysFin.

Sales in the food retail sector are estimated at around RON130 billion in 2020 compared with sales of RON118 billion in 2019, according to a KeysFin analysis.

Romania’s private medical services market reported an increase of 18% in turnover on the year to nearly RON14 billion in 2019, and a surge of nearly 330% compared with 2010, per a Keysfin survey.

Experts of KeysFin, one of business information providers in Romania, expect the Romanian economy to grow by 2.5% to 3.5% in 2021.

Romania’s software industry is expected to grow by nearly 12.5% in 2020, to approximately EUR8.2 billion, according to estimations by KeysFin experts.