Industrial output shrinks
https://www.ipn.md/index.php/en/industrial-output-shrinks-7966_975711.html
The Moldovan industrial companies manufactured goods worth 6,936.3 million lei in current prices, during the first four months of 2009. It is but 74.3% of the output recorded last year during the same period of time. In April 2009, compared with April 2008, this index was 69.9%, Info-Prim Neo has learnt from the National Statistics Bureau.
The drop in the industrial output is explained by worse results in the mining industry – minus 45.7%, in the processing industry – minus 29.6%, in the energy sector – minus 4.3%.
The companies from this sector explain their decreasing output by difficulties on the sales market, especially because of dropping commissions from foreign and Moldovan companies, but also by a shortage of raw materials and money.
At the same time, the poultry meat producers report a 2-fold increase; the companies producing detergents increased their output by 40.8%; the manufacturers of steel installations – plus 35.5%; the companies transporting and distributing electricity -- plus 3.4%.
