DECLINE
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Auto Market Down To Half Of March Level In April
Automotive dealers and importers are expecting car registrations to see a significant decline in April. The decline should be worse than the 32% recorded in March and could reach more than 6...
Airbus Component Manufacturer Premium Aerotec Revenue Down 6% To RON287.9M In Romania In 2019
Premium Aerotec, a company part of the Airbus Group, posted more than RON287.9 million (EUR60.7 million) revenue last year, down about 6% compared with the previous year when it posted RON30...
Romania’s Computer And Electronics Market Could Revert To 2014-2015 Level This Year
Romania’s computer and electronics market will go down this year, and the decline may be as serious as 30% to 50%, due to the COVID-19 pandemic, ending seven years of growth in a row.
10% Growth Of Construction Sector Could Offset 30% To 40% Decline Of Other Sectors
Construction sector growth of at least 10% could offset decline in the sectors affected by the current crisis by some 30% to 40%, because this industry accounts for 40% of the economy, direc...
Dacia Keeps Losing Ground In UK Too, With 60% Plunge In New Car Registrations In March
New car registrations of Romanian carmaker Dacia continue to be significantly affected by the coronavirus pandemic.
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...
Romradiatoare Brasov Expects 20% Decline In Turnover In 2020 Amid Coronavirus Crisis
Romanian electrical components manufacturer Romradiatoare Brasov (RRD.RO) expects a 19.5% decline in turnover in 2020, in the context of the COVID-19 pandemic.
Sorin Cretu, BDT: We Expect Higher Decline Of Auto Market In Q2
The auto market will see decline in the second quarter, as markets more affected by the COVID-19 pandemic posted record decline in March, says Sorin Cretu, chief executive of Business Develo...
Restaurant Market Could Halve Due To Pandemic To RON7B In 2020
Romania’s restaurant market could halve to RON7 billion due to the current pandemic in 2020, as it is one of the worst hit industries along with bars and hotels. All restaurants are closed n...