TODAY’S NEWS
ECONOMY, MARKET & COMPANIES
-Authorities issued 3,346 residential building permits in March 2023, up 30.1% m-o-m and down 23.8% y-o-y, the National Institute of Statistics data showed.
-Two in 100 firms are in default in Romania, according to a Ziarul Financiar analysis based on Coface data. In textile production, constructions and food industry, between 3 and 5 companies out of 100 are insolvent, with these being the fields of the Romanian economy where the weight of struggling companies is at the highest.
-The first quarter of 2023 was among the slowest in the post-pandemic period in terms of demand for office space, reflecting uncertainty triggered by economic perspectives, according to Colliers.
