decline
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Leasing market fails to rebound in Q2: 73% decline
The business of leasing companies failed to see a rebound in the second quarter of the year, with the value of funding granted falling by 73%, as in the first quarter, and the market signifi...
Packaging producers, exposed to automotive market decline, too
SCA Packaging producer of corrugated cardboard, part of Swedish group SCA, which last year invested 9m euros to expand the corrugated cardboard plant in Timisoara, in the first half posted a...
Listed companies experience 41% slump in Q2
The cumulated turnover of about 70 companies listed on the Bucharest Stock Exchange witnessed a 41% decline in the second quarter of 2009, according to statistics put together by ZF based on...
Used car market plummets
Registrations of used cars in July registered a decline of almost 70% from a year ago, to 11,374 units, according to statistical data provided by the Administration and Interior Ministry.
IMF to revise forecast on Romanian economy's decline from 4.1% to 7-8%
The IMF is working on a new macroeconomic framework for Romania, in the context of the first assessment of the stand-by agreement in early August, which anticipates, among other things, a de...
Compact SUVs and minis see smallest decline on auto market
Sales of minis and of SUVs saw the lowest decline in the first five months of the year, by 39% and 18% respectively, according to statistics of the Automotive Producers and Importers Associa...
Annual inflation rate falls below 6% in May
Romania's annual inflation rate fell in May for the fourth consecutive month, to 5.95%, amid a decline by 0.05% in food commodity prices.
First decline of Allianz-Tiriac business, 4.5% in Q1
Allianz-Tiriac, the leader of the insurance market, witnessed the first decline of its business, 4.5% in the first quarter of 2009 compared with the corresponding period of 2008, to 351.3 mi...
Insurers are preparing for first year of decline
Insurers could see the first market decline this year after last year the sector saw uninterrupted, two-digit growth, and attracted over one billion euros in investments from foreign financi...