DECLINE
534 articole · RSS
Furniture Plant Shutdown Could Cut EUR1B Of Romania’s Exports
The furniture industry, one of the few industries that generate trade surplus for Romania, is one of the worst hit sectors by the coronavirus crisis and exports of beds, mattresses or wardro...
Romanian Auto Market Drops 20.2% YoY In January-February 2020
Romania’s auto market saw a decline in February 2020, for the second time this year, dropping at an accelerated rate of 26.9% compared with February 2019, data from the vehicle registration...
Entrepreneur Eugen Paturan: Fashion Stores Sales Plunge 60% During The Week, 95% In Weekend
Romanian entrepreneur Eugen Paturan, who owns in Romania the stores Bata (footwear), New Balance (sports shoes) and, lately, AW Lab (sports equipment), said consumption currently is 100% ori...
Bucharest Stock Exchange Comes Down With Recession Fears
The Bucharest Stock Exchange plunged 7.5% on Monday and Romanian companies lost about 12.7 billion lei (EUR2.63 billion) of their capitalization in the most aggressive trading session since...
Bucharest Stock Exchange Ends Last Week Of February With 10.5% Decline
The last week of trading in February saw the Bucharest Stock Exchange main index BET drop 10.5%, the most abrupt decline since December 2018, when the investors were knocked out by Ordinance...
Coronavirus Wipes Off RON7.8B Of Romanian Stock Market Capitalization In Three Days
Bucharest Stock Exchange (BVB.RO), the operator of the local capital market, has lost 3.9% since the beginning of the week, as seen in the performance of the main index BET and of the divide...
Number Of Employees In Romania’s Footwear Manufacturing Business Down To Half In A Decade
Footwear manufacturing industry employed only about 38,000 people at the end of 2018, the latest officially available data show, half the number a decade ago.
BT: Romania Annual Average Unemployment Rate Down To 3.9% In 2019, Lowest Level Since 1991
Romania's annual average unemployment rate decreased to 3.9% in December 2019, the lowest level since 1991, due to a re-dynamization of productive investments and the migration of the active...
Romania’s Banking System Profit Down to RON5B in Jan-Sept
Romania’s banking system posted about 5 billion lei (over EUR1 billion) net profit in the first nine months and the assets reached a new high of almost RON473 billion, as lending increased b...