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consumer

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Banks Sold RON2.2B New Retail Loans In August
Banks-Insurance

Banks Sold RON2.2B New Retail Loans In August

Individual customers took out 2.2 billion lei (EUR498 million) new loans in August, RON700 million more than in August 2014.

Loredana Frățilă-Cristescu · 14.10.2015 · 09:32 · 1 min
Banks-Insurance

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...

Loredana Frățilă-Cristescu · 02.02.2015 · 00:00 · 1 min
Power Trader GEN-I Wants End Consumers, Interested In Natural Gas Market
Energy

Power Trader GEN-I Wants End Consumers, Interested In Natural Gas Market

Slovenian electricity trader GEN-I says it is interested in supplying natural gas and wants to find end power consumers in Romania, after having signed one of the largest deals ever conducte...

Loredana Frățilă-Cristescu · 10.04.2014 · 00:00 · 1 min
Food 24% More Expensive In Romania In Five Years Of Crisis
Retail&Consumer

Food 24% More Expensive In Romania In Five Years Of Crisis

The price of the ten main food products in the consumer basket went up by 24% during the five years of crisis, with the biggest rises being recorded for pasta (over 50%), chicken (48%) and s...

Tudor Ioana Raluca · 20.09.2013 · 08:17 · 3 min
Sales Per Sqm Down 40% Despite EUR2B Investments By Retailers
Real Estate

Sales Per Sqm Down 40% Despite EUR2B Investments By Retailers

Sales per square meter, the most significant indicator for the local retail that actually reflect the consumer spending trend, reached an average of EUR4,200 last year, from the EUR6,500 to...

Tudor Ioana Raluca · 29.08.2013 · 07:51 · 3 min
Mineral Water Consumption Returns To Growth
Retail&Consumer

Mineral Water Consumption Returns To Growth

Mineral water consumption increased by about 5% in 2012 after three years of decline, according to the estimates of Adrian Feru, research manager of Romania’s National Company of Mineral Wat...

Tudor Ioana Raluca · 04.02.2013 · 00:00 · 1 min
Retail&Consumer

Romanians Expect Their Income To Rise, Shopping Appetite Increased – GfK

Romanians expect their income will increase in the upcoming period, which has been a stimulus for shopping over the past few months, but are less optimistic regarding their country’s economi...

Ioana Tudor · 18.07.2012 · 13:23 · 1 min
Dramatic Fall For Consumer Loans: 1.3 Million Contracts Erased In Crisis
Banks-Insurance

Dramatic Fall For Consumer Loans: 1.3 Million Contracts Erased In Crisis

Nearly 1.3 million consumer loans were removed from banks’ balance sheets without being replaced by new ones since the end of 2008, when the crisis crept in and until August this year, accor...

Ciprian Botea · 28.09.2011 · 00:00 · 1 min
Banks-Insurance

Romanians To File 133% Guarantee On Consumer Loans - Draft

Consumer loans will have a maturity of at most five years, and clients will have to guarantee 133% of the loan’s value, while real estate financing in euro will require an advance of at leas...

Andrei Cîrchelan · 06.09.2011 · 18:44 · 1 min