Dacia Returns to Growth in France; Registrations Grow 9% in June

Dacia Returns to Growth in France; Registrations Grow 9% in June

07.03.2020

Romanian carmaker Dacia, owned by France's Renault, registered growth in new registrations in France in June for the first time in 2020, after double-digit decline in January-May.

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Romania, One of HeidelbergCement’s Least Affected Countries by Pandemic Romania, One of HeidelbergCement’s Least Affected Countries by Pandemic

Romania is among the countries with the lowest or non-existent pandemic impact for German-held construction group HeidelbergCement, its

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ARB: Banks In Romania Donated Over RON23.5M To Hospitals Since Start Of COVID-19 Pandemic ARB: Banks In Romania Donated Over RON23.5M To Hospitals Since Start Of COVID-19 Pandemic

Banks on the local market have donated over RON23.5 million for purchases of medical equipment and devices for over 220 hospitals from

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CFA Analysts See Leu Tumbling To 4.97 Vs Euro In Next 12 Months, Inflation At 3.37%, 5.2% GDP Decline End-2020 CFA Analysts See Leu Tumbling To 4.97 Vs Euro In Next 12 Months, Inflation At 3.37%, 5.2% GDP Decline End-2020

Financial analysts, members of CFA Romania (Chartered Financial Analyst) association, expect the Romanian leu to depreciate to an

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Romania’s Car Production Drops Over 62% YoY In March-April 2020 Romania’s Car Production Drops Over 62% YoY In March-April 2020

The two car assembly factories in Romania, Automobile Dacia and Ford, produced a total 32,033 vehicles in March-April 2020 period,

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Altex Invests EUR25M In Expanding Its Network, Logistics Centers; Seeks To Open At Least 3 Stores By End-2020 Altex Invests EUR25M In Expanding Its Network, Logistics Centers; Seeks To Open At Least 3 Stores By End-2020

Altex Romania, the main player on the Romanian electro-IT market, seeks to invest over EUR25 million in expanding its network and

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Nuclearelectrica Calls Shareholders To Vote On Investment Strategy For Next Five Years Nuclearelectrica Calls Shareholders To Vote On Investment Strategy For Next Five Years

Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Friday said it has summoned its shareholders on June 12, 2020

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One United Sells 30% In One Floreasca Tower For EUR20M One United Sells 30% In One Floreasca Tower For EUR20M

One United Properties, the most active developer on the local market with six construction sites open, has sold 30% in One [Floreasca]

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Dentons Europe to Provide Legal Services in View of Hidroelectrica IPO Dentons Europe to Provide Legal Services in View of Hidroelectrica IPO

Romanian state-owned power company Hidroelectrica said Thursday it has selected Dentons Europe SPARL to provide legal services in view

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Analysis

Colliers: 9 in 10 Office Building Tenants Expect to Return to Offices in Summer Colliers: 9 in 10 Office Building Tenants Expect to Return to Offices in Summer

Nearly 70% of office owners and tenants expect the Covid-19 pandemic will affect their activity all year and estimate the first signs of recovery no sooner than 2021, according to a poll by Colliers among 60 owners and over 100 tenants, 30% of which are companies with over 1,000 employees.

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Romania’s GDP Grows 2.4% YoY In 1Q/2020

Romania’s gross domestic product grew by 2.4% in unadjusted data and by 2.7% in seasonally adjusted data, in the first quarter of 2020 compared with the same period in 2019, a flash estimate from the country’s statistics institute INS showed Friday.

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