euler hermes
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Euler Hermes: Romanian Economy To See Biggest Quarterly Drop in 20 Years in 2Q
Romania's economy will witlessness its biggest quarterly decline in over 20 years in the second quarter of 2020 and the country's gross domestic product is expected to keep declining until the first quarter of 2021, Euler Hermes said in a report Monday.
Euler Hermes: Insolvencies In Romania Seen Up Over 12% In 2020, In Line With Trend In Other European States
The number of insolvencies in Romania is expected to increase by over 12% in 2020, in line with the situation in the other European countries, in the context of the crisis caused by the coro...
Euler Hermes: Insolvencies In Romania On Downward Trend In Last 2 Years, But 3% Rise Expected In 2020
The number of insolvencies in Romania has been on a downward trend in the last two years, but the trend is set to reverse in the coming period, amid a slowdown in economic growth, the accent...
Euler Hermes: Romania Economy To Slow Down Growth Rate To 2.8% In 2020
Romania’s economy will slow down its growth rate down to 2.8% in 2020, according to estimates by Euler Hermes analysts, in the context of falling global demand, continuous commercial tension...
Euler Hermes: Romania Construction Sector Sees Third Consecutive Year Of Decline In 2018
Romania’s construction sector registered in 2018 the third consecutive year of decline, with a decrease of 4%, and the residential construction segment saw the biggest decline, of 25%, accor...
Euler Hermes: Insolvencies In Romania Down 3% In 2018, But Seen Rising 3% In 2019
The number of insolvencies fell 3% in Romania in 2018, but estimates for 2019 point to a 3% increase, which will translate into 264 new insolvencies, according to an analysis by Euler Hermes...
Euler Hermes: Turkey, Romania, Hungary See Highest Wage Raises In The Region In 1Q/2018
Wages in Romania saw a nominal increase of 12.7% in the first quarter of 2018, impacting the inflation rate too, which reached 5.4% in May 2018, according to analysts of Euler Hermes special...
Survey: Romania’s Modern Retail Market Estimated At EUR17-20B
Credit insurance company Euler Hermes estimates Romania’s modern retail market at EUR17-20 billion, with Kaufland, Carrefour, Lidl and Auchan being among the top retailers on the local marke...
Euler Hermes: Rural Areas On Modern Retailers’ Radar: Over 350 Stores Opened In 2017
Large international retailers present on the Romanian market have started to focus more and more on rural areas, namely, townships with fewer than 15,000 inhabitants, after the possibilities...