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Romania Industrial Output Down 1.8% in Jan-Feb 2024 from Year-Earlier Period
Romania’s industrial production was 1.8% smaller in the first two months of 2024 against the same period of 2023 due to declines in all the three major industrial sectors, data from the coun...
New Car Registrations Down 26% In March 2024
New car registrations fell 26% to 9,156 units in March 2024 compared with March 2023, police data show and the decline also affected electrified cars. The latter saw a decline of 9% and thei...
Romania's Beer Market Down 5% By Volume In 2023, Yet Companies Continue Investments
Romania's beer market continued to decline in 2023 for the second consecutive year, reaching 15 million hectoliters, 5% fewer than in 2022, in line with data provided by the Romanian Brewers...
Practic Bucuresti Sees Net Profit Shrink 29% To RON26.9M In 2023
Practic Bucuresti (PRBU.RO), one of the largest owners of retail space in Bucharest, made RON26.9 million net profit in 2023, 29% lower than in 2022 and RON42.3 million revenue, 7.5% higher...
INS: Romania Construction Works Down 77% In January 2024 From December 2023
The volume of construction works in Romania shrank, in unadjusted data, by 77% in January 2024 compared with December 2023 and by 34.2% when adjusted to the number of working days and to sea...
Electromagnetica Slips Into The Red In 2023 With RON32M Loss
Electricity and electrical equipment producer Electromagnetica (ELMA.RO) made a net loss of RON31.7 million for 2023, from a profit of RON23 million in 2022, the company said in a report to...
Three-Month ROBOR Ends 2023 at 6.22%, 17% Below Early Year Level
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for RON-denominated...
Consumer Spending Down In Jan-Sep On A Market Where Prices Kept Rising 15% To 23%
The fast-moving consumer goods (FMCG) market shrank in volume in January-September 2023, which is the best indicator of the spending appetite of Romanian consumers. On the other hand, retail...
Paper Bag Maker Barleta Expects Decline In Revenue In 2023
Barleta, a company based in Bacau that manufacturers all sorts of paper bags for major supermarket chains, fast-food restaurant chains and bakery businesses, will end the year with lower rev...