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INDUSTRY

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Riskiest Sectors for Banks: Real Estate, Construction and Industry
Banks-Insurance

Riskiest Sectors for Banks: Real Estate, Construction and Industry

Construction and real estate companies continue to carry the highest credit risk, despite having seen the highest decline in the non-performing loan ratio in the past year.

Loredana Frățilă-Cristescu · 15.01.2020 · 06:00 · 1 min
Eurostat: Industry Was Romania's Largest Economic Activity in 2018
Analysis

Eurostat: Industry Was Romania's Largest Economic Activity in 2018

Industry was still the largest economic activity in the European Union (EU) in 2018 in terms of output generated, accounting for 19.1% of EU total gross value added (GVA), Eurostat data show...

Oana Gavrila · 28.10.2019 · 12:35 · 1 min
Eight Industries Pay 87 Gross Monthly Salaries worth RON100,000 to RON200,000
HR

Eight Industries Pay 87 Gross Monthly Salaries worth RON100,000 to RON200,000

There are 87 employment contracts active in Romania of people who earn gross monthly salaries of 100,000 lei (more than EUR21,000) to RON200,000 (EUR42,000), the data on the highest salaries...

Loredana Frățilă-Cristescu · 11.09.2019 · 00:00 · 1 min
BT Analyst: GDP Growth Rate Decrease In 2Q/2019 Is Due To Deterioration Of Climate In Retail, Industry
Macroeconomics

BT Analyst: GDP Growth Rate Decrease In 2Q/2019 Is Due To Deterioration Of Climate In Retail, Industry

The decrease of the economic growth rate in the second quarter of 2019 was due to a deterioration of the climate in the retail trade and industry, Andrei Radulescu, macroeconomic analysis di...

Ecaterina Craciun · 14.08.2019 · 16:06 · 1 min
Survey: Labor Shortage Drives Companies to Invest in Digitization
Analysis

Survey: Labor Shortage Drives Companies to Invest in Digitization

Two thirds of Romanian companies are determined to invest significantly in digitization in the next three years, as 80% of them are confronted with lack of qualified employees, among other r...

Oana Gavrila · 07.06.2019 · 11:22 · 1 min
Romania's Automotive Industry Revenue Up to EUR28B in 2018
Automotive

Romania's Automotive Industry Revenue Up to EUR28B in 2018

The revenue of the local auto industry, which includes the Automobile Dacia and Ford’s revenue, as well as that of more than 400 component manufacturers rose 20% to EUR28 billion last year,...

Loredana Frățilă-Cristescu · 04.02.2019 · 00:00 · 1 min
Companies

Turbocam Romania Sees 30-40% Output Growth

Turbocam Romania, part of US-based turbomachinery developer and manufacturer Turbocam International, is expanding its exports and will start producing sub-assemblies for turbines in the US a...

Oana Gavrila · 20.03.2018 · 13:58 · 1 min
Almost 40 Former Industrial Sites In Bucharest Redeveloped Into Stores And Office Buildings
Real Estate

Almost 40 Former Industrial Sites In Bucharest Redeveloped Into Stores And Office Buildings

Almost 40 former industrial sites that used to make electronic components, bread or mechanical parts have been gradually replaced by shopping centers from supermarkets and hypermarkets to ma...

Loredana Frățilă-Cristescu · 18.01.2018 · 10:35 · 1 min
Romania, Among EU Countries Where Industry Held Highest Share In Total GVA In 2016
Social/Politics

Romania, Among EU Countries Where Industry Held Highest Share In Total GVA In 2016

Romania and Germany (25.7%) are among EU Member States in which the industry held the highest share in the total gross value added (GVA), in 2016, alongside Ireland (36.6%), the Czech Republ...

Ecaterina Craciun · 23.10.2017 · 18:41 · 1 min