Romanian Auto Market Grows 9.3% YoY In January-October 2019
yesterday, 18:34
New vehicle sales in Romania grew 9.3% on the year in January-October 2019, to 167,401 units, data from the Automotive Manufacturers and Importers Association (APIA) showed Friday.
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Decathlon Opens Store In Targoviste; Reaches 27 Units In Romania yesterday, 18:57
Sporting goods retailer Decathlon on Friday said it has inaugurated its first store in Targoviste, reaching a total 27 units in Romania. more
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Eurostat: Romania Posts Highest Annual Inflation Rate In The EU In October 2019 yesterday, 16:59
Romania registered the highest annual inflation rate in the European Union, of 3.2%, in October 2019, being followed by Hungary (3%) and Slovakia... more
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Purcari Wineries 9-Month Revenue Up 22% To RON138, Net Profit Up 15% To RON29M yesterday, 16:40
Winemaker Purcari Wineries on Friday said it ended the first nine months of 2019 with revenue of RON138.6 million, up 22% on the year, and a net... more
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Cemacon Cluj Turnover Up 15% To RON100.5M, Net Profit Up 16% To RON26M In Jan-Sept yesterday, 14:46
Romanian brick maker Cemacon (CEON.RO), held by the Paval brothers, the owners of DIY retailer Dedeman, on Friday said it registered a turnover of... more
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Transelectrica Net Profit Plunges 25% YoY To RON74M In Jan-Sept 2019 yesterday, 14:29
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday said it ended the first nine months of 2019 with revenue of RON1.78... more
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Electrica Net Profit Halves To RON161M In Jan-Sept 2019 yesterday, 13:55
Electrica Group on Friday said it ended the first nine months of 2019 with an operating income of RON4.7 billion, up 14.5% on the year, and a... more
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Antibiotice Iasi Posts RON242M Sales, RON21.5M Net Profit In Jan-Sept 2019 yesterday, 12:09
Romanian state-owned pharmaceutical producer Antibiotice Iasi (ATB.RO) on Friday said it ended the first nine months of 2019 with sales revenue of... more
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Footwear Retailer ECCO Shoes Revises 2019 Sales Estimate Downwards to EUR8.5M yesterday, 10:23
Footwear retailer ECCO Shoes Romania has announced it expects to end the year with EUR8.5 million sales, 15% lower than estimated at the beginning... more
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Metro Cash & Carry Wants LaDoiPasi Network to Increase to 1,400 Stores by End of 2020 yesterday, 10:01
The LaDoiPasi franchise, launched by Germany’s Metro Cash & Carry, currently numbers more than 1,000 stores, following 300 store openings in... more
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Office Space Stock in Bucharest Up to Over 3 Million Sqm yesterday, 09:57
The stock of modern office space in Bucharest reached about 3.16 million square meters at the end of the first three quarters, 15% more than in the... more
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GfK: Romania Durable Goods Market Grows 2.6% YoY To EUR2.27B In Jan-Sept 2019 11.14.2019
The Romanian durable goods market grew 2.6% on the year in the first nine months of 2019, to EUR2.27 billion, a GfK TEMAX survey showed Thursday. more
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Endava Leases Over 2,100 Sqm Within Tallest Office Building In Romania 11.14.2019
UK software and IT services provider Endava has leased over 2,100 square meters within the tallest office building in Romania, called UBC 0, which... more
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Eurostat: GDP Growth Of 3.2% In Romania; Of 1.3% In EU28 In 3Q/2019 11.14.2019
Romania’s gross domestic product (GDP) grew an annual 3.2% in the third quarter of 2019, lower than 4.3% in the second quarter of 2019, data from... more
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Conpet Ploiesti Posts 7.2% Higher Turnover, Of RON304M, In January-September 2019 11.14.2019
State-run oil transporter Conpet Ploiesti (COTE.RO) ended the first nine months of 2019 with a turnover of RON304.2 million, up 7.2% from the same... more
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BT Analyst: Romania’s GDP Sees Weakest Growth Of Last 5 Years Due Mainly To Deteriorating Investment Climate 11.14.2019
In the third quarter of 2019, Romania’s economy saw the weakest growth, of 3%, of the past five years(since the second quarter of 2014), due... more
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Raiffeisen Bank 9-Month Net Profit Falls 25% YoY To RON536M 11.14.2019
Raiffeisen Bank on Thursday said it ended the third quarter of 2019 with a net profit of RON536 million, down 25% from the year-earlier period, due... more
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Dental Clinic Chain Dr. Leahu Invests EUR3.7M In Three New Units; Reaches 12 Centers In Romania 11.14.2019
Dental clinic chain Dr. Leahu, founded eight years ago by entrepreneur Ionut Leahu, on Thursday announced the opening of three dental centers in... more
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MedLife Group 9-Month Profit More Than Doubles YoY To RON5.7M 11.14.2019
Private medical services group MedLife, controlled by the Marcu Family, on Thursday said it registered a profit of RON5.7 million in... more
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Digi Communications Group Posts 15.6% Higher Revenue, Of EUR874.6M, In Jan-Sept 2019 11.14.2019
Digi Commu¬nica¬tions Group, leader on the cable television and fixed interest services market in Romania, with significant operations in Hungary... more
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Nuclearelectrica Net Profit Grows 30% YoY To RON415M In Jan-Sept 2019 11.14.2019
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Thursday said it ended the first nine months of 2019 with a net profit of... more
Private healthcare network Regina Maria has been put up for sale by its owner, Polish buyout investor Mid Europa Partners. The deal
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Romania's government will lower the tax on banks' financial assets and decouple it from money market rates, according to a draft
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Romania's government will postpone until May 31 the enforcing of new share capital requirements for administrators of mandatory private
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Nuclear power company Nuclearelectrica (SNN.RO) on Tuesday concluded a framework agreement with General Electric Global Services GMBH /
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Low-cost airline Blue Air has signed a new bilateral interline agreement with state-run airline TAROM.
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The number of tourists in Romania grew 6.7% in 2018 and the turnover generated by the hotel industry is estimated at EUR1.2 billion,
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Financial analysts’ confidence in Romania’s economy perked up in February compared with January but is still below the level
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Molson Coors Global Business Services (GBS), the services center of Canadian group Molson Coors which owns brewer Bergenbier in
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
