Sales in Romanian food industry drop 20-25 percent over past couple of years

The sales in the Romanian food industry dropped on average by 20 to 25 percent over the past couple of years due to the lower purchasing power, said president of the Food Trade Union Federation Dragos Frumosu.'The Romanian food industry lost a lot of money over the past couple of years because sales plunged. Our estimates indicate an average depreciation of 20 to 25 percent over the last two years, namely 10 to 15 percent each year, due to the lower purchasing power. This is a most ...

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