Crisis
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Crisis takes Romania back 20 years in terms of gas consumption
The Russian-Ukrainian conflict at the beginning of the year and the outbreak of the global crisis brought Romania's gas consumption to levels seen 20-30 years ago, according to representativ...
Alexandrion: After the crisis, the same slice will be divided among fewer players
Alexandrion Group Romania, the producer of alcoholic beverages Alexandrion and Kreskova, has a 5 million-euro net marketing budget this year, according to the data released by the company, t...
NBR preparation for the crisis: quarterly stress tests and bankruptcy simulation
Simulating bankruptcy of a bank, putting together action plans in case of a systemic crisis and quarterly stress tests for banks have been some of the exercises conducted by the NBR (Nationa...
31bn euros from Romanians' wealth quickly wiped by the crisis
The real estate price drop and the rapid loan increase have erased 123bn RON (31bn euros) from Romanians' net wealth in 2008, according to a NBR report.
Private clinics start to feel pinch of crisis
"Medical clinic, central area, for sale" or "fully equipped medical clinic for sale"! Such ads are increasingly more to be found on specialised websites.
Why didn’t economists see the crisis coming?
The economy suddenly moved from an over 9% growth in the third quarter of 2008 to an almost as serious decline, -6.4%, in the first quarter of 2009, that is in only six months.
Orange: The crisis, roaming and interconnection fees caused our decline
Revenues of Orange, the leading operator on the Romanian mobile telephony market, fell 14.1% in the first quarter of this year, from 307 to 264 million euros - the first year-on-year revenue...
Foreigners make 40% more investments in November, expecting crisis to hit Romania later
Foreign investors continued to contribute to the capital of their Romanian branches in November, with the value of their capital contributions being nearly 40% higher than in the same month...
Bouygues closes down 30m-euro construction site due to crisis
Bouygues Romania, the domestic unit of the world's second biggest builder, has been seriously hurt by the housing crisis, being forced to halt works at one of the construction sites it opene...