Companies In Romania Post 2.4% Higher Turnover, Of Over EUR280B, In 2016
yesterday, 19:53
Companies in Romania posted a 2.4% higher turnover in 2016, of RON1,263 billion (over EUR280 billion), keeping the growth pace registered over the last three years, but the increase is half the level recorded in 2015.
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Study: Companies In Romania Sought To Hire 220,000 People In 1H/2017 yesterday, 18:26
Employers in Romania sought to employ more than 220,000 people in the first half of 2017, with the bulk of job openings in the fields of sales... more
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Study: 16% Of Romanians Would Use Their Savings If Left With No Money Vs 29% Of Germans yesterday, 17:05
16% of Romanians would use their savings if they had no money left, compared with 29% of Germans and 27% of Italians, according to a comparative... more
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Logistic E van Wijk Signs New Leasing Contract For P3 Bucharest Park yesterday, 14:49
Logistics property developer P3 Bucharest signed a partnership with Logistic E van Wijk, for 10,180 square meters of storage space and 252 sqm of... more
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JLL: Demand For Industrial Space In Romania Rose Over 50% In 1H/2017 yesterday, 13:59
The total demand for industrial and logistics continued to grow in the second quarter of 2017, taking the surface area leased by frms to over... more
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Ford To Halt B-MAX Production At Craiova Plant; Bets On Small SUV EcoSport yesterday, 12:59
Ford on Monday said it will halt production of its B-MAX vehicle at its Romanian car factory in Craiova, from the first half of September, as... more
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Hungarian Group OTP Close To Buying Banca Romaneasca From Greek Group NBG yesterday, 12:14
Hungary’s largest bank group, OTP, is close to acquiring Romania’s Banca Romaneasca from Greek group National Bank of Greece (NBG), according... more
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Group Owning KFC And Pizza Hut Restaurants Eyes Listing On Bucharest Stock Exchange In Fall yesterday, 11:30
The company that operates fast-food restaurant chains KFC and Pizza Hut on several markets, including Romania, the Republic of Moldova and... more
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Press Review - July 24, 2017
yesterday, 09:18
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Logistics Firm Pall-Ex Inaugurates New Hub In Capital Bucharest 07.21.2017
Logistics company Pall-Ex Romania has recently inaugurated a cross dock terminal (loading and unloading without storage), covering 2,100 square... more
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Romanians Bought, On Average, Nearly 20 Liters Of Wine Per Capita In 2016 07.21.2017
Romania produced nearly 3.3 million hectoliters (330 million liters) of wine in 2016, down 8% on the year, according to data of the International... more
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Apartment Sales Of Alpha Bank’s Real Estate Division Up 50% In 1H/2017, To EUR20M 07.21.2017
Alpha Real Estate Services, the real estate division of Alpha Bank group, sold 202 apartments of the entire portfolio of real estate projects... more
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Financial Supervisory Authority Approves New Capital Market Regulation 07.21.2017
Romania’s Financial Supervisory Authority (ASF) has approved a new regulation for the local capital market. more
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Isarescu's Central Bank Salary Totaled RON1M in 2016 07.21.2017
Central bank governor Mugur Isarescu had a net income of RON1 million in 2016, the equivalent of around RON84,385 a month (EUR18,700/month), 12%... more
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Vodafone Romania Revenues Up 2.9% in April-June, to EUR178.6M 07.21.2017
Vodafone Romania, the second largest player on the local mobile telephony market, on Friday said it had revenues of EUR178.6 million in April-June,... more
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Press Review - July 21, 2017
07.21.2017
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Logistics Company KLG Invests EUR20M In New Warehouses 07.20.2017
Logistics operator KLG Europe Logistics targets a nearly 10% increase in its 2017 turnover, to EUR31 million, compared with EUR29 million posted in... more
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Hidroelectrica Pays RON1B Dividends From 2016 Profit 07.20.2017
Romania’s state-owned hydropower producer Hidroelectrica will pay entirely the dividends for 2016, in the amount of RON1.035 billion, to its two... more
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OMV Petrom Sells Dorobantu Wind Park To Transeastern Power B.V For EUR23M 07.20.2017
OMV Petrom on Thursday announced the signing of a contract to sell OMV Petrom Wind Power SRL (Dorobanu Wind Park) to Transeastern Power B.V., a... more
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Eurostat: Romania Had One Of Lowest Government Debts In EU In 1Q/2017 07.20.2017
Romania saw a slight decline in the ratio of government debt to GDP, in the first quarter of 2017, among European Union member states, thus,... more
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Agricola Bacau Group 1H Turnover Up 6% Due To Sales Of Group’s All Firms 07.20.2017
Agricola Group registered a turnover of RON322 million in the first half of 2017, up 6% on the year, due to sales of all companies within the group... more
Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be
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BRD-Groupe Société Générale and UniCredit Bank is granting a syndicated loan worth over EUR177 million to pharmaceutical group A&D
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Nearly half (49%) of Romanian entrepreneurs said they started their own business to feel more secure about their own future, according
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The modern logistic and industrial space stock in Bucharest grew nearly ten times in the past 13 years, to nearly 1.2 million square
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OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday said it invested nearly EUR5 million in modernizing
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BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock
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US company Timken opened a new bearing factory in Romania Tuesday, near Ploiesti, following an investment of $60 million.
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South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, has
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28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the
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Brisegroup, one of the largest grain traders and farm input wholesalers in Romania, plans to invest EUR7 million in the completion of a
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Continental, one of the world’s largest car parts manufacturers, said it plans to increase the number of employees in Romania, by
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Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise
Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.
