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Romania Furniture Production Down 7%, Local Consumption Down 13% YoY In 2019
Companies

Romania Furniture Production Down 7%, Local Consumption Down 13% YoY In 2019

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...

Ecaterina Craciun · 07.07.2020 · 11:41 · 1 min
Romania Industrial Production Drops 36.2% On Month In April 2020
Macroeconomics

Romania Industrial Production Drops 36.2% On Month In April 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 stati...

Ecaterina Craciun · 12.06.2020 · 12:20 · 1 min
Automobile Dacia Sees Over 50% Decline On Three Of Its Biggest Markets: France, Spain, Germany
Automotive

Automobile Dacia Sees Over 50% Decline On Three Of Its Biggest Markets: France, Spain, Germany

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, o...

Ecaterina Craciun · 11.06.2020 · 11:23 · 1 min
Blue Air Revenue EUR80M Lower Than Expected in March-May
Companies

Blue Air Revenue EUR80M Lower Than Expected in March-May

Blue Air, the largest Romanian-held airline, posted over EUR80 million lower than expected sales in March-May 2020.

Loredana Frățilă-Cristescu · 08.06.2020 · 00:00 · 1 min
Automotive Safety Systems Manufacturer Autoliv Romania Revenue Down 2.5% to RON3.9B in 2019
Automotive

Automotive Safety Systems Manufacturer Autoliv Romania Revenue Down 2.5% to RON3.9B in 2019

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...

Loredana Frățilă-Cristescu · 05.06.2020 · 10:30 · 1 min
Builder Conest Revenue Down to RON168M in 2019
Companies

Builder Conest Revenue Down to RON168M in 2019

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 m...

Loredana Frățilă-Cristescu · 28.05.2020 · 10:46 · 1 min
Zaganu Craft Beer Producer Badly Hurt by Closure of Restaurants and Bars
Companies

Zaganu Craft Beer Producer Badly Hurt by Closure of Restaurants and Bars

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...

Loredana Frățilă-Cristescu · 28.05.2020 · 09:11 · 1 min
Macromex Profit Down 37% To RON9.1M in 2019
Companies

Macromex Profit Down 37% To RON9.1M in 2019

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...

Loredana Frățilă-Cristescu · 20.05.2020 · 06:00 · 1 min
Brewer Martens Galati Sees Revenue Down 12% in 2019
Companies

Brewer Martens Galati Sees Revenue Down 12% in 2019

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.

Loredana Frățilă-Cristescu · 19.05.2020 · 10:24 · 1 min