decline
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Hardest hit markets in first half
Sixteen of the twenty markets analysed by ZF witnessed a decline in the first half. Sales of cigarettes, cars, cement and furniture are the hardest hit. Private medical services, pharmaceutical market, electricity and gas consumption were on the rise, though.
Carpatcement revises turnover forecasts down after 20% turnover decline
Mihai Rohan, president of Carpatcement Holding, local subsidiary of German group HeidelbergCement, says the cement market will return to growth as late as in 2012, spurred by a rebound of in...
Panel producers, bracing up for renewed decline
The main players on the thermo-insulating panel market do not expect a market rebound this year, either, after a decline of above 30% last year, and an upbeat scenario sees flat demand at th...
Praktiker reports first annual decline, 12%
Germany's Praktiker is still the leader of the Romanian DIY retail, though it put a lid on expansion last year and reported the first sales decline in Romania.
Hidroelectrica preserves its turnover despite 8.3% power consumption decline
Hidroelectrica, the cheapest state-held Romanian energy producer, was able to preserve its turnover last year at the same level as in 2008, whilst energy demand fell by 8.3% on the overall m...
Construction company Arcom sees four-fold decline
Arcom, one of the leading construction companies before 1990 has seen its turnover plummet, to less than 10 million euros, a four-fold decline against last year.
COS: We felt the first abrupt decline of the furniture market
The office furniture market, put at around 80-100 million euros, fell by 40% in the third quarter of this year, according to estimates of Corporate Office Solutions importer.
Intercereal Ialomita expects 30% turnover decline
Intercereal Ialomita, which operates almost 11,300 of hectares of farming land, the sixth largest farming area in Romania, expects to derive a 12 million-euro turnover this year, 30% less th...
Romania is behind the EU in terms of concrete sales
Lafarge Ciment, the Romanian subsidiary of the French group Lafarge, which recorded a 36% sales decline in the first half of the year, says the Romanian market is still behind the European U...