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Metro Cash&Carry Lost 40% Of Its Revenue In 2008-2013
Metro Cash&Carry Romania, which operates 26 Metro stores and six Metro Punct stores, ended last year with EUR1.07 billion revenue, down more than 5% on 2012 and almost 40% lower than in 2007...
Beer Consumption In Romania Down 20% In May
Ahead of the summer months, beer sales in Romania fell 20% in May, when they should have normally started to pick up, being the worst decline since May 2005.
Dacia And Ford Slow Down In H1
Dacia and Ford assembled 210,519 cars in the first half, 6% fewer than in the year-ago period, according to the Automotive Manufacturers and Importers Association (APIA).
Total Salaries In Romania Down EUR11B Since 2008
The decline in total salaries is the price Romania pays for selling itself as a country of highly skilled yet cheap labor. Which explains why the flat consumer spending.
Ford’s B-Max Loses Ground In Europe, Drops To Third Place
The sales of the B-Max model made in Craiova, southern Romania, fell 9% in the first quarter of the year to less than 16,900 units in Europe, on a small multipurpose vehicle (MPV) market tha...
ArcelorMittal Galati Number Of Employees Down By 1,000 In 2013
Steel plant ArcelorMittal, the main employer in Galati, a county with an almost 10% jobless rate, continued in 2013 the harsh restructuring steps that it started upon privatization.
NBFI Market Lost RON6B Worth Of Loans In Four Years
The stock of loans granted by non-bank financial institutions (NBFI) has shrunk by almost 6 billion lei (EUR1.34 billion) or 25% to RON18 billion from the end of 2009 through February 2014,...
Romania's Retail Sales Go Up, But Tax Revenues Go Down
Retail sales rose 9% on the year in February, reaching a two-year high, but tax collections to the state budget did not increase as a result.
SIF Shares Down Since Start Of 2014
The shares of the five regional investment funds (SIF) are down compared with the beginning of the year and the SIFs that announced they would not be paying any dividends suffered the most:...