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Romanian consumers buy more, but shop less
The FMCG market could increase by over 15% this year against 2007 and maintain its growth rate, an estimate made by market research company GfK reveals. "This year, we expect to see sales of...
Banks account for less than 10% of mandatory pensions
The 7 banks which have had a direct involvement in the management of mandatory private pensions (pillar II) together have a less than 10% market share, after the first 3 months of selling su...
Foreign tourists spend less in Romania
However, at the same time, Romanians spent a record sum of 311m euros over the three summer months on holidays abroad, up 7% against the same period last year, so what is the explanation for...
Eximbank insures 50% less exporters
Chemical industry companies accounted for the largest share of overall export insurance policies sold by Eximbank in the first half of the year, with an insured value of 12.7 million dollars...
Domestic milk plants process 5 times less than EU average
The domestic dairy market continues to be dominated by self-consumption, with only 50 litres of the 260 litres that each inhabitant drinks on average being produced in an industrialised syst...
Romanians spend increasingly less money on food
The weight of food expenditures in Romanians' monthly budgets has been dwindling over the past 5-6 years, from 45% to less than 39%. In 2001, Romanians spent 45% of their monthly income on f...
Sales of home appliances less seasonal than before
Ugur Kayali, general manager of Arctic, Romania's biggest producer of home appliances, says the market in the first quarter of this year underwent some changes compared with the similar peri...
Monetary funds, less profitable than sight deposits
Monetary funds, less profitable than sight deposits
Romanians send less money from abroad
Romanians send less money from abroad