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Beer Market Back To 2005 Figures After 5% Sales Decline Last Year
Beer sales shrank by 5% to 16 million hectoliters (1.6 billion liters or 3.2 billion 0.5 liter beer cans) last year, the worst decline the market has seen since 2009, ZF has calculated based...
Romanian Official Spirits Market Ends 2014 With Two-Digit Declines
Romania’s official spirits market in 2014 contracted by 20% by volume and 5% by value on the hiked alcohol excise that pushed prices higher and drove consumption to the unfiscalized market,...
Consumer Lending Down By Over RON5B In 2014
The consumer lending growth that had restarted last summer stopped at the end of the year again, so new sales in November and December did not offset loan repayment and written off non-perfo...
Number Of Children In Romania Down By 3 Million In 25 Years
Romania's economy is faced with the decline of one of its most important resources, as the number of children went down by 3 million in 1990-2013, according to the government's child protect...
Romanian Construction Industry Lost Over 100,000 Employees In 7 Years
Romania's construction industry, which has contracted by around 45% since the beginning of the crisis, lost around 109,000 employees between 2008-2014, namely almost one quarter of the entir...
Key Rate Cut May Push Leu Loan Interests To Less Than 5%
Interests on leu loans have gone down with each monetary policy easing step of Romania's central bank so they are now competing with the cost of foreign currency loans. The adjustment trend...
Ursus Breweries Sales Down 4% In H1
Ursus Breweries, the largest local brewer, posted 708 million lei (EUR158 million) sales in the first half of this year, 4% lower than in the year-earlier period, according to publicly avail...
Beer Sales In Romania Down 7% In January-September
Beer sales in Romania fell 7% in the first nine months of 2014, continuing the downward trend of 2013 and of the first half of the year, due to unfavorable weather. Not even the soccer World...
Transactions On Romania's Forex Market Down To EUR284B In Jan-Sept
The volume of transactions on the Bucharest forex market dropped 7% in the first nine months to EUR284 billion or a daily average of EUR1.5 billion, as a result of the lack of foreign curren...