CONSUMPTION
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Power Consumption To Go Down 10% In April And May, Worst Decline Since 2009
With almost 250,000 people furloughed and the automotive industry, the pillar of the Romanian exports, shut down due to the COVID-19 pandemic, the power consumption has dropped and only the...
Central Bank Governor Says Economy Is Concerning But Manageable
Romania's economy is neither collapsing nor on the brink of collapse despite claims by politicians that the state of the country's economy is in difficulty, central bank governor Mugur Isare...
BT Analyst: Consumption To Accelerate To 6.3% In 2019; Moderate To 5% In 2020
Banca Transilvania analysts expect the consumption growth rate to accelerate to 6.3% in 2019, from 5.2% in 2018, due to a lax and unsustainable mix of economic policies.
Dan Bucsa, UniCredit: Consumption, A Determining Factor For Romania’s GDP Growth In 2019
Consumption will have the biggest contribution inRomania's gross domestic product (GDP) in 2019, and investments will not contribute to the economic growth this year either, UniCredit chief...
C&W Echinox: Large Retailers Kept Their Turnover Growth At 12% In 2018, Double The Size Of Consumption Growth
Large retail chains operating mainly in shopping centers maintained an average growth rate of 12% in 2018, similar to 2017 and double the advance in consumption, which increased by 5.9% duri...
Romania Ranked 8th Among Large Beer Producing Countries In The EU In 2017
Romania ranked eighth among large beer producing countries in the European Union in 2017, with a production of at least 16 million hectoliters, overtaking Italy, according to the latest repo...
Hidroelectrica Produces Nearly Half of Romania's Energy
Over 40% of Romania's electricity output these days is ensured by hydropower generator Hidroelectrica, the largest local power producer by installed capacity.
GfK: Romanians’ Confidence In Economy Falls To Five-Year Low, Opposite To Optimism In Europe
Confidence in economy and income expectations saw a steep decline in Romania in the last quarter of 2017, to the lowest level since, the opposite to the European trend, with the government c...
Imports Account For One Third Of Romania’s Grape Consumption
Romania imported 45,800 tons of grapes worth EUR41.2 million last year, according to Eurostat data. The imports accounted for one third of the country’s consumption, according to ZF’s calcul...