Crisis
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Boc goes after the fortunes of businesspeople, the only ones who can pull the country out of the crisis
The prime minister yesterday stated a tax on high fortunes is being mulled. “Cars registered in Bulgaria can already be seen in the streets of Romania. This will happen with individuals’ for...
Super premium coffee brands not hurt by crisis
How much luxury costs on the office coffee market: pods that preserve the flavour of espresso machine coffee are twice or three times more expensive than coffees available at the coffee vend...
How has retail banking changed after the crisis?
The emergence of a new wave of loan restructurings with the endorsement of the measures to cut budgetary expenses, as well as the costs brought by new regulations are bankers' main headaches...
Cost of a crisis year in banking industry: 4,200 layoffs and over 200 branches closed
More than 4,200 positions wiped out and 211 subsidiaries closed, this is the cost of the banking system's adjustment to the lending market decline starting 2009, when the crisis fallout bega...
Consumer brands that exited the crisis in better shape
A number of companies have succeeded in gaining market share over the past year, at least a single-digit one, in the context where their fields have either declined, or stagnated, or slightl...
Crisis eats into retail sales
Sales of the top three groups in Romanian retail, Metro, Rewe, and Carrefour, went down last year, although shareholders invested 200 million euros in expansion and added another 93,000 squa...
Foreign investment stays away from Romania after having halved in 2009
Foreign direct investment inflows fell to 164 million euros in February, one of the lowest monthly levels since the onset of the crisis, down 19% compared with February last year.
Romanian billionaires collect tens of million euros during crisis after “parting with” Mercedes, IKEA or Rompetrol
Three of the wealthiest Romanian entrepreneurs, Ion Tiriac, Dinu Patriciu and Puiu Popoviciu have in the past year signed exits that have brought tens of million euros into their accounts, b...
Ghenea: Consumption is undergoing a deep crisis
Online sales of FIT Distribution company, controlling PCfun.ro, PCGarage.ro, ShopIT.ro and Electrofun.ro online stores, fell in the period of Easter holidays, with consumers switching to foo...