Analysis
Banks In Romania See Loans Worth RON8B Vanish From Portfolios In Just One Year
Banks in Romania had retail and corporate loans worth just 213.8 billion lei (EUR48.3 billion) left in their portfolios at the end of July, a three-year low, as they are unable to sell enoug...
Retail Profile Of Bucharest Main Streets: Pharmacies, Banks, Betting Agencies And Mega Image
The retail spaces bordering the boulevards in Bucharest are now housing about 1,000 pharmacies and as many bank offices so a ten-minute walk on a main street like Stefan cel Mare reveals 14...
Press Review - August 27, 2014
ATMs To Display Commissions For Bank Card Operations Bank ATMs will have to display all commissions for the operations that clients intend to carry out with bank cards, as the exact sum, n...
Romania Ranks Fourth In CEE With 48 Firms Listed In Coface Top 500
Romania ranks fourth in Central and Eastern Europe with 48 companies listed in the Top 500 in the region compiled by international credit insurance company Coface, fifth by their turnover EU...
Leu, Only CEE Currency To Gain Ground Against Euro This Year
The leu is the only currency in the Central and Eastern Europe that gained ground against the euro since the end of 2013, while the Polish zloty, the Czech koruna and Hungary's forint lost o...
Press Review - August 26, 2014
Romania January-July Budget Deficit Narrows To 0.2% Of GDP Romania’s consolidated budget posted a deficit of RON4.5 billion in the first seven months of 2014, equal to 0.2% of the gross dome...
Romania Soap And Detergent Production Is Four Times Lower Than Consumption
Romania manufactures detergent, soap and personal and household care products worth only 500 million lei (EUR114 million), while domestic consumption is four to five times higher, which mean...
Romania Food Industry Produced Not A Single Large Exporter
Poultry, sweets and beverage producers are the largest exporters of processed foods in Romania, yet none of them made it among the largest 100 exporters of the country.
Romania Insolvency Numbers Down 13.4% In January-July
The number of companies that went insolvent in January-July this year was 13.37% lower than in the same period of 2013, the Trade Registry office said Monday.