DECLINE
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Pharmaceutical Market Sees First Decline In Ten Years
Sales of pharmaceutical drugs fell by 4.7% to 11.7 billion lei (EUR2.6 billion) last year (January-December), according to market research company Cegedim Romania data. This is the first dec...
Bucharest Stock Exchange’s Net Profit Down 41% In 2015, To RON7M
The Bucharest Stock Exchange (BVB) ended 2015 with a net profit of RON7 million, down 41% against 2014, according to Ziarul Financiar.
Tablet Sales Down 20% In 2015
Tablet sales in Romania amounted to about 800,000 units in 2015 and went down in value by 20% due to the fiercer competition on the market. Sales in 2014 reached EUR90 million.
Traditional Retail Lost RON8B In Seven Years
Traditional retail numbered 54,000 small stores last year, whose sales reached 33.3 billion lei (EUR7.33 billion), almost 20,000 fewer than in 2008, the last year of economic boom.
Retail Leu Deposits Reached Lowest Level After 2008 In November
Individual customers made 6.4 billion lei (EUR1.41 billion) deposits with local banks in November, the lowest level of leu-denominated monthly savings since December 2008, Romania’s central...
Romania More Energy Independent Than Ever Despite Oil And Gas Production Decline
Romania’s production of energy resources, coal, oil and gas has been dwindling over the past ten years, yet the market has never been more independent of energy imports.
Oil Industry Equipment And Service Providers’ Market Value Down 30% In 2015
Oil industry equipment and service providers have lost 30% of their market value this year, the worst decline since the 2008-2009 crisis, due to dwindling revenue caused by lower investment...
Foreign Banks’ Exposure To Romania Down $5.6B
Foreign banks lowered exposure to the Romanian economy by $5.6 billion in the past year (July 2014-June 2015) in one of the biggest deleveraging moves in Eastern Europe.
Bucharest Stock Exchange Lost 1,000 Brokers In Seven Years
Only 682 brokers are still active on the Bucharest Stock Exchange, one thousand fewer than seven years ago, before the onset of the financial crisis.