Big energy and pharmaceutical companies recorded sales increasesin the third quarter of the year against the similar period of2009, while FMCG, DIY retailers, cement producers and mobile phoneoperators continue to report sales declines.
A first analysis of the Romanian economy in the third quarter,after examining results announced by some of the biggest players inthe economy, reveals there are some industries which show slightsigns of recovery, while for others, especially consumerindustries, it becomes increasingly apparent that Romanians'spending budget is being drastically revised from one month toanother.
"An accurate analysis of the current situation needs to be made ona sector-by-sector basis because there are major differencesbetween economic sectors, as well as different trends dependinglargely on the factors that influence each sector," says CodruţPascu, managing partner at Roland Berger Strategy ConsultantsRomania. He explains that some sectors are primarily dependent onforeign markets (because they export a large part of theirproduction), others (consumer businesses for instance) depend ondomestic trends, especially consumption trends, while yet othersdepend on external and internal investments.
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