Results 376 - 400 from 458 for "decline"
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Astra Vagoane Calatori 2015 Revenue Down To One Third Of 2014 Level
05.13.2016
Rolling stock manufacturer Astra Vagoane Calatori based in Arad and held by businessman Valer Blidar ended last year with 96 million lei (EUR21 million) revenue, down from RON290 million in 2014, the more
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Trade Registry: Romania Insolvency Numbers Fell 20% In 1Q/2016
05.04.2016
The number of companies that went insolvent in Romania in the first quarter of 2016 dropped by 20% to 2,304 on the year, according to Trade Registry data released Wednesday. more
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GSK Market Share Down To Half In Ten Years
05.03.2016
UK’s GlaxoSmithKline (GSK), which had drug production operations in Romania via the Europharm plant in Brasov since late nineties, has lost more than half of its market share in Romania on the drug more
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OMV Petrom, Third Biggest Decline In Revenue Among Region’s Heavyweights
04.20.2016
No company in the oil business was able to escape the fallout of the decline in oil price in 2015, so the ten largest energy industry actors in Central and Eastern Europe ended 2015 with EUR8.5 more
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Romania’s Wine Production Down 3% In 2015
04.05.2016
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Capital Market Consultant: Number Of Local Brokerage Firms To Keep Falling In Coming Years
03.20.2016
The number of local brokerage firms will continue to decrease in coming years, to below the threshold of 20, and it will be more and more difficult for a company with no monthly turnover of RON20 more
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Temporary Workforce Market Down, Number Of Employees Up
02.19.2016
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Car Sales Reach Highest January Level In Seven Years
02.16.2016
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Pharmaceutical Market Sees First Decline In Ten Years
02.11.2016
Sales of pharmaceutical drugs fell by 4.7% to 11.7 billion lei (EUR2.6 billion) last year (January-December), according to market research company Cegedim Romania data. This is the first decline for more
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Bucharest Stock Exchange’s Net Profit Down 41% In 2015, To RON7M
02.09.2016
The Bucharest Stock Exchange (BVB) ended 2015 with a net profit of RON7 million, down 41% against 2014, according to Ziarul Financiar. more
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Tablet Sales Down 20% In 2015
02.03.2016
Tablet sales in Romania amounted to about 800,000 units in 2015 and went down in value by 20% due to the fiercer competition on the market. Sales in 2014 reached EUR90 million. more
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Traditional Retail Lost RON8B In Seven Years
01.15.2016
Traditional retail numbered 54,000 small stores last year, whose sales reached 33.3 billion lei (EUR7.33 billion), almost 20,000 fewer than in 2008, the last year of economic boom. more
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Retail Leu Deposits Reached Lowest Level After 2008 In November
01.11.2016
Individual customers made 6.4 billion lei (EUR1.41 billion) deposits with local banks in November, the lowest level of leu-denominated monthly savings since December 2008, Romania’s central bank more
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Romania More Energy Independent Than Ever Despite Oil And Gas Production Decline
11.25.2015
Romania’s production of energy resources, coal, oil and gas has been dwindling over the past ten years, yet the market has never been more independent of energy imports. more
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Oil Industry Equipment And Service Providers’ Market Value Down 30% In 2015
11.19.2015
Oil industry equipment and service providers have lost 30% of their market value this year, the worst decline since the 2008-2009 crisis, due to dwindling revenue caused by lower investment from their more
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Foreign Banks’ Exposure To Romania Down $5.6B
11.19.2015
Foreign banks lowered exposure to the Romanian economy by $5.6 billion in the past year (July 2014-June 2015) in one of the biggest deleveraging moves in Eastern Europe. more
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Bucharest Stock Exchange Lost 1,000 Brokers In Seven Years
10.12.2015
Only 682 brokers are still active on the Bucharest Stock Exchange, one thousand fewer than seven years ago, before the onset of the financial crisis. more
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Bucharest Stock Exchange Sees Worst August In Four Years
09.02.2015
The capitalization of the companies listed on the Bucharest Stock Exchange fell by 11.7 billion lei (EUR2.6 billion) in August because of the panic among investors. more
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Financial Market Turmoil Halves Mandatory Pension Fund Yields
09.01.2015
The high volatility on the financial markets halved the yields of the mandatory private pension funds to an average of 3% this year. more
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Romania’s Banking System Lost One Fifth Of Branches And Employees Since 2008
08.31.2015
Almost seven years from the onset of the economic crisis, the banking system has lost one fifth of the jobs and offices. A number of 14,282 people left the system and 1,349 offices and branches were more
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Retail Euro Loans See Spectacular Decline
08.24.2015
Retail euro loans, which include both consumer and mortgage loans, have seen such a significant decline that banks are now selling EUR15 million worth of loans a month compared with EUR200 million in more
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Non-Resident Deposits Down At Six-Year Low
08.17.2015
Non-residents’ medium and long-term deposits, which are mostly a form of support from parent banks abroad, stood at EUR5.4 billion (24 billion lei equivalent) at the end of June, down EUR500 million more
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Major Energy Markets Showing Signs Of Rebound
08.14.2015
The major energy markets, fuel and electricity, showed signs of rebound in the first half after years of decline. Gas consumption, on the other hand, did not, given the hard times the local chemical more
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Cheap Oil Hurts Grup Servicii Petroliere’s Business
08.05.2015
Grup Servicii Petroliere (GSP), the offshore drilling company of Constanta businessman Gabriel Comanescu, expects revenue to drop by more than 20% this year mainly because of the abrupt decline in oil more
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Ford Romania’s Revenue Down 17% In 2014
07.14.2015
Ford Romania, the second most important carmaker in Romania, posted EUR912 million revenue last year, down 17% on 2013, according to Finance Ministry data. more