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Romania's Adjusted Industrial Output Up 7.7% In First Half
Romanian adjusted industrial production rose 7.7% in January to June compared with the same period a year earlier, fueled by higher output in all sectors, the country’s statistics institute...
INS: Romania 1H Trade Gap Narrows To EUR4.54B
Romania’s trade deficit narrowed to EUR4.54 billion in the first six months of 2011, from EUR4.88 billion in the same period a year ago, the country’s statistics institute INS said Tuesday.
INS: Romania Adjusted Retail Sales -1.2% On Month In June
Romanian adjusted retail sales fell 1.2% in June compared with a month earlier, largely due to lower non-food product sales, the statistics institute INS said Wednesday.
INS: Romania June PPI +0.7% On Month, +8.4% On Year
Romania’s industrial producer price index returned to growth in June, due to increases in all sectors, the country’s statistics institute INS said Tuesday.
INS: Romania’s Jobless Rate Rises To 7.5% In June
Romania’s unemployment rate rose slightly to 7.5% in June, from 7.4% in May, according to seasonally adjusted data, the national statistics institute INS said Monday.
BCR's Net Profit Up 8% On Quarter To RON82 Mln In 2Q
Romanian banking group BCR Friday reported a second-quarter consolidated net profit of 82 million lei (EUR19.7 million), up 8% compared with the previous quarter, but only a third of the res...
Ariton: Petrom Offering Will Resume In 1Q '12 At The Earliest
Romanian Economy Minister Ion Ariton said the sale process of a 9.84% stake in dominant oil company OMV Petrom (SNP.RO) will be resumed in the first quarter of 2012 "at the earliest."
Bucharest Shares Up 2% In Early Session On Revived Trading Values
Bucharest-listed shares opened Friday on a rising trend, boosted by optimism on international markets, after euro-zone ministers agreed on a new bailout package for Greece.
Lidl Opens 107 Stores In One Day
Lidl Monday opened 107 Lidl rebranded stores, following the overhaul of the Plus Discount stores the German retailer has bought last year.
Sorana Georgia Becomes First Female CEO Of Top Ten Food Retailer In Romania
Sorana Georgia, 46, was named chief executive officer of Billa supermarket network, part of Germany’s Rewe, becoming thus the first Romanian woman to run the operations of a top ten food ret...
Social Democrats And Liberals Plan To Revert To Progressive Taxation
The Social-Liberal Union (USL, made up of PSD and PNL) plans to boost the budget revenues from 32% of the gross domestic product at present to 38% of GDP by widening the taxation base, likel...
Unicredit: Leu Consumer Loans Market Is Shaping Up
The rising euro financing costs, particularly for consumer loans, will spur the shaping up of a market of consumer loans in lei, says Rasvan Radu, executive vice-president with UniCredit Tir...