Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
BMI View: This quarter our main assumptions for the sector remain virtually unchanged. We continue to
forecast electricity generation to remain relatively flat - registering annual average growth of 0.85%
between 2016 and 2025. Coal will remain the biggest component of the power mix, but gas will gain share
as coal capacity is taken offline to comply with tightening EU emissions targets, and Romania boosts
domestic gas production from the Black Sea towards the end of our forecast period.
Latest Updates And Structural Trends
? A new government strategy for 2015-2025 highlights the increasingly decrepit state of much of
Romania's electricity infrastructure. According to the report, many of the country's electric energy
production capacities have gone beyond the technical life and are becoming wasteful and polluting.
According to the government, the Oltenia and Hunedoara complex energy units are now on the brink of
? After lengthy legal challenges and long process of reorganisation, Hidroelectrica finally exited
insolvency only in June 2016. On 24 June the Minister of Energy Victor Georgescu said that the
company will be listed when the best conditions for pricing are achieved and only after non-core assets
are divested. The government plans to float a 15% stake in Hidroelectrica on the Bucharest bourse.