Results 201 - 225 from 419 for "decline"
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Delta ACM Revenue Halves to RON72.2M in 2019
08.25.2020
Builder Delta ACM, which went insolvent in 2019, dropped unprofitable contracts to keep afloat. more
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New Mortgage Loans in Lei Down 17% to RON0.9B in June
08.25.2020
June lowered Romanians’ appetite for mortgage loans. New mortgage lending in lei went down compared with the previous months of 2020 and with the year-ago month. more
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Romania Has Lost More Than 1,000 Physical Bookstores in 30 Years
08.21.2020
Romania is the only EU country where he number of bookstores is dwindling and needs investment to develop this industry, believes Andrei Niculescu, general manager of Editura Niculescu (Niculescu more
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Three-Month Money Market Rate Drops To 1.98% After 4 Days Of Stagnation
08.20.2020
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, on Thursday dropped to 1.98% after four more
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National Pharmacy Chains Sales Down 14% in H1
08.19.2020
The pharmaceutical market in Romania reached 8.7 billion lei in the first half of 2020, 3.9% lower than in the year-ago period, market research company Cegedim data published in the Antiobitice report more
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Top 30 Employers in Romania’s Automotive Industry Shed 10,000 Jobs in 2019
08.19.2020
The top 30 employers in Romania’s automotive industry (car and component manufacturing) slashed 10,000 jobs in 2019 compared with 2018. This was the first time in five years when the industry laid more
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Daimler’s Business in Romania Down for Second Year in a Row in 2019
08.17.2020
Star Assembly, the local subsidiary of Germany’s Daimler group, which makes automatic transmissions, ended last year with EUR1.52 billion revenue, down 2.2% on 2018, Finance Ministry data show. more
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Builder Octagon Revenue Down to One Quarter of Previous Level in 2019
08.13.2020
Builder Octagon Contracting & Engineering, currently insolvent, ended 2019 with only RON24 million revenue, one quarter of the previous year’s revenue., according to the Finance Ministry website. It more
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Eurostat: Electricity Consumption In Romania Drops To Five-Year Low In January-April 2020
07.15.2020
Between January and April 2020, electricity consumption in Romania has reached the lowest level in the last five years, according to Eurostat, the statistical office of the European Union. more
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Romania Furniture Production Down 7%, Local Consumption Down 13% YoY In 2019
07.07.2020
The furniture production volume fell by 7% to EUR2.32 billion in 2019, compared to EUR2.49 billion in 2018, and furniture consumption dropped nearly 13% in the same period, per data from the Romanian more
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Romania Industrial Production Drops 36.2% On Month In April 2020
06.12.2020
In April 2020, industrial production decreased by 36.2% as gross series compared to March and was down 27.7% as series adjusted by number of working days and seasonality, the country’s statistics more
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Automobile Dacia Sees Over 50% Decline On Three Of Its Biggest Markets: France, Spain, Germany
06.11.2020
France remains the biggest market for French-held carmaker Automobile Dacia, with more than 24,000 new car registrations in January-May 2020, but 60% fewer than in the year-earlier period, on a market more
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World Bank Sees Romania's GDP Contracting 5.7% This Year, Growing 5.4% in 2021
06.09.2020
Romania's economic growth is forecast to contract 5.7% this year from a previous estimate of a slowdown to 0.3%, the World Bank said in its latest economic update. more
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Blue Air Revenue EUR80M Lower Than Expected in March-May
06.08.2020
Blue Air, the largest Romanian-held airline, posted over EUR80 million lower than expected sales in March-May 2020. more
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Automotive Safety Systems Manufacturer Autoliv Romania Revenue Down 2.5% to RON3.9B in 2019
06.05.2020
Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of the Swedish group Autoliv, ended 2019 with some RON3.9 billion (EUR822.6 million) revenue, 2.5% lower than in 2018, ZF more
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Builder Conest Revenue Down to RON168M in 2019
05.28.2020
Iasi-based builder Conest, which had become the leader of the construction companies in Romania by revenue in 2018, saw its revenue shrink to RON168 million last year, compared with RON193 million in more
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Zaganu Craft Beer Producer Badly Hurt by Closure of Restaurants and Bars
05.28.2020
Fabrica de Bere Buna, the brewer that makes Zaganu craft beer, ended 2019 with RON5.6 million revenue, 35% higher than in 2018, the data the company supplied for ZF’s “Cei mai mari jucatori din more
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Macromex Profit Down 37% To RON9.1M in 2019
05.20.2020
Macromex, a food distribution business held by Romanian Dan Minulescu, ended 2019 with RON9.1 million (some EUR2 million) net profit, about 37% lower than in 2018, Finance Ministry data show. more
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Brewer Martens Galati Sees Revenue Down 12% in 2019
05.19.2020
Martens (MABE.RO), a top ten brewer in Romania, ended 2019 with RON21.6 milion revenue, about 12% lower than in the previous year, Finance Ministry data show. more
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Unexpected Q1 Economic Growth Gives Hope for V-Shaped Recovery
05.18.2020
As the National Statistics Institute released data on Friday indicating a surprising economic growth of 0.3% in the first quarter compared with the fourth quarter of 2019, economists are surprised, more
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Romania Labor Ministry: Number Of Labor Contracts Suspended Drops By Over 300.000 In One Day
05.14.2020
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Iulius Group: Sales of Stores in Malls Down to Half After Reopening, Rebound by End 2020
05.14.2020
Iulius Group is the real estate developer that owns the Iulius malls in the country and Pallas in Iasi. There are more than 1,000 stores and restaurants in Iulius group malls which had to suspend more
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Vegetable Oil Producer Prutul Galati Revenue Slightly Down to RON682M in 2019
05.13.2020
Prutul Galati, one of the largest producers of vegetable oil in Romania, ended 2019 with RON682 million revenue, slightly lower than in 2018, Finance Ministry data show. more
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Veranda Mall Owner Says Estimated 50% Decline in Revenue in 2020 at Start of Crisis
05.12.2020
The impact of mall closures more than six weeks ago will be felt in 2020 and 2021, considering no one knows for how long they will remain closed. more
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Survey: Most Businesses In Romania Feel Impact Of Coronavirus Outbreak, Expect 10% Average Decline By End-2020
05.07.2020