Analysis
Parent Banks Took Out EUR7B From Romania In 2 Years
Parent banks last year withdrew 70% of funding with maturity of less than one year granted to domestic subsidiaries, namely EUR3.3 billion, marking a speeding up of the deleveraging process.
Press Review - March 4, 2014
Romania’s Leu, Stocks Fall Amid Ukraine Crisis Romania’s leu and stocks are losing ground amid a negative sentiment following the crisis in Ukraine, while the crude oil price increase might...
Most Profitable 30 Bucharest-listed Companies Total Almost EUR2B Profit In 2013
Most profitable 30 companies listed on the Bucharest Stock Exchange posted an aggregated net profit of 8.68 billion lei (EUR1.92 billion) last year, 19% higher than in 2012, according to pre...
New Wave Of Retail Investments: 7 New Construction Sites In Bucharest
At present, 15 large shopping centers and 25 hypermarkets are operational in Bucharest, but retailers and real estate developers believe the market is not well covered. Thus, in mid-February...
Romanian Electro-IT Market, Second Highest Growth Rate In Europe In 2013
Sales of TV sets, refrigerators and smartphones rose by 6.9% in Romania last year, to EUR1.7 billion, with the increase of the domestic durable goods market being the second biggest in Europ...
Press Review - March 3, 2014
Government Supports Fiscal Relaxation, Economic Development Measures The Romanian government supports the fiscal relaxation and economic development measures announced early this month, incl...
Press Review - February 28, 2014
Antonescu Says He Has No Reason To Resign As Senate Chairman Senate Chairman Crin Antonescu said Thursday he has no reason to resign this position following his party's withdrawal from the r...
Kandia Takes Over Leading Position From Mondelez On Romania's Chocolate Market
Kex Confectionery, owner of Kandia and Heidi brands, leads in 2013’s ranking of chocolate market companies, but in the ranking of brands the top two positions are filled by Poiana and Milka,...
Press Review - February 27, 2014
Calin Popescu Tariceanu Quits Liberal Party After Coalition Breakup Calin Popescu Tariceanu resigned from the Liberal Party Wednesday after criticizing the party's decision to withdraw from...