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Fashion Retailer C&A’s Number of Local Manufacturing Partners Down to 8 From 40 in 2016
Fashion retailer C&A, one of the largest in the world, is working with only eight partner factories in Romania, compared with 20 in 2019 and about 40 four years ago.
Romania’s Furniture Exports Down in Jan-July
Germany, France and Italy were the top three export destinations for Romania’s furniture production in January-July 2020, data from Romania’s association of furniture manufacturers APMR show...
Lack of Holiday Parties Could Put Romania’s Hotel Industry Below 2008 Level
While many hotels and other accommodation facilities used to be booked for winter holidays already at this time of the year, the pandemic took people’s joy of spending Christmas and New Year...
LaDorna Dairy Producer Revenue Shrinks 6% to RON223M in 2019
Dorna Lactate, the company that makes the LaDorna brand and is part of the French Lactalis group, ended 2019 with 223 million lei revenue, down 6% on 2018, and slipped into the red with an a...
Traffic on Henri Coanda Airport Still Low in October
Fewer than 300,000 people passed through the Henri Coanda (Otopeni) Airport in Bucharest in October, compared with almost 1.3 million in the year-ago month, according to the National Company...
Schaeffler Expects 10% Drop in Revenue for Its Plant Near Brasov in H1
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, expects 10% decline in revenue in the second half compared with the year-ago period, due to the decline in orders from...
Old Three-Room Apartment Prices in Bucharest Down in October
Prices of old three-room apartments in Bucharest fell by EUR500 or 0.5% in October compared with September, reaching EUR98,300, after having gone up EUR100 the previous month, real estate co...
Dairy Producer Covalact Sees Revenue Down to RON150M in 2019
Dairy producer Covalact, one of the top ten on the local market, posted 150 million lei revenue last year, down 0.8% on 2018, as well as RON8.1 million profit, 12% lower than in 2018, ZF has...
Pandemic to Cause Almost 30% Decline in Volume Sales of Beer in Romania in 2020
On-trade volume sales of beer are expected to fall by 28% in 2020 in light of the impact of COVID-19, an analysis of market research company Euromonitor shows.