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Romania Sees Second Highest Population Decline In EU
Romania lost more than 110,000 people in the past year, the second highest decline in the entire EU, after Italy. The birth rate decline and the migration of the workforce abroad are the mai...
Romania’s Footwear Export Close To Decade Low
Romania exported $1 billion worth of shoes last year and its main trade partners were Italy, Austria, Germany, Slovakia and France. It is one of the world’s biggest footwear manufacturers bu...
Romanian Pharmaceutical Market Continued Its Decline In 2016; French Sanofi Loses Top Spot
Romania’s pharmaceutical market continued its decline in 2016, posting a decrease of 6.12% between June 2015 and May 2016. However, the first half of 2016 brought a change in the ranking of...
Companies Shed Almost One Million Jobs Since Start Of Crisis
The number of employees in Romania continues to go down despite many industries starting to recover and the economy seeing one of the highest growth rates in Europe.
Imobiliare.ro: Apartment Prices In Romania’s Big Cities Fell After Enforcement Of Debt Discharge Law
Only a month after the enforcement of the debt discharge law, apartment prices in capital city Bucharest and across Romania saw declines of 0.7% to 4% on the residential segment, according t...
Trade Registry: Romania Insolvency Numbers Fell 21.8% In January-May 2016
The number of companies that went insolvent in Romania in the first five months of 2016 dropped by 21.8% compared with the same period a year earlier, to 3,720, according to Trade Registry d...
Allview Sales Slightly Down In 2015
Visual Fan (Allview), the biggest smartphone and tablet business held by a Romanian entrepreneur, posted the first decline in sales last year after three years of spectacular growth.
Ambient Sibiu Sales Down To Half, Ten Stores Still In Business
Ambient Sibiu, a construction supplies distribution and do-it-yourself retail company created by entrepreneur Ioan Ciolan that was included among the 50 largest entrepreneurial companies in...
Secret Business League On Its Way Out
Once energy trading heavyweights, the ‘smart guys’ of the sector have become a shadow of the former selves, while Hidroelectrica is preparing to exit insolvency.