Articole cu tag-ul: decline, demand, key rate, National Bank

General

The decline in domestic demand cuts the key rate to 8%

Analysts do not expect prices to increase any further by year-end, which would allow BNR to meet its inflation target. “I do not believe that we will see price hikes by the end of this year. This is why the central bank could meet its inflation target this year,” Ionuţ Dumitru, Chief Economist of Raiffeisen ...

General

Heineken and InBev, the first victims on the beer market

According to Heineken officials, the decision was made following “the thorough analysis of all relevant aspects in the company, including optimizing costs, the possibility of expansion, the existing capacities, and the needs for future investments.” As part of this measure, 61 employees will be laid off. Heineken has five beer factories in Romania, in Constanta, ...

General

Cornel Oprisan, IKEA: I was surprised that the decline was merely 6%

The company registered a 20 percent increase in the first six months of the fiscal year and a six percent decline in sales in the March-August period, due to the international economic crisis. “Last September, we had increases of 20 percent, and it was clear that the sales target could amount to €110 million. Then, ...

General

Business law decline up to 30% and salaries frozen

“This crisis is clearly generating some moderation effects. These will intensify throughout this year, especially in the human resource sector. One year ago there was a significant imbalance in this field, mainly due to the unprecedented rise in legal activity,” Ion Nestor, Managing Partner of NNDKP told Business Standard. At present, the largest law firms ...