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Time International Factory Production Down to 1M Masks per Month
Companies

Time International Factory Production Down to 1M Masks per Month

Time International textile factory in Alexandria, Teleorman, which started mask production during the pandemic, is still making masks, but a much lower capacity compared with the beginning o...

Loredana Frățilă-Cristescu · 12.10.2022 · 21:57 · 1 min
Romania Beer Market Slides 4% in 1H/2022
Companies

Romania Beer Market Slides 4% in 1H/2022

Romania’s beer market ended the first half of 2022 with a 4% decline after the first four months had brought a 10% volume decrease, in line with data provided by the Romanian Brewers Associa...

Mădălina Dediu Panaete · 12.10.2022 · 09:51 · 1 min
Old Three-Room Apartment Prices Down Again in Bucharest in September
Real Estate

Old Three-Room Apartment Prices Down Again in Bucharest in September

The prices of old three-room apartments in Bucharest went down, on average, by EUR750 or 0.7% to EUR108,350 in September. The decline is higher than the EUR150 registered in August versus Ju...

Loredana Frățilă-Cristescu · 04.10.2022 · 20:58 · 1 min
Prices of Old 3-Room Apartments in Bucharest Go Down in August
Real Estate

Prices of Old 3-Room Apartments in Bucharest Go Down in August

Prices of Bucharest’s old three-room apartments dropped, on average, by EUR150 or 0.1% in August month-on-month, to EUR109,100, shows ZF real estate index compiled with real estate consultan...

Bogdan Alecu · 05.09.2022 · 10:11 · 1 min
Three-Month ROBOR Ends July 29-August 2 Week At 7.93% A Year
Banks-Insurance

Three-Month ROBOR Ends July 29-August 2 Week At 7.93% A Year

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, ends the week at 7.93%, after s...

Alexandru Nanu · 02.09.2022 · 11:44 · 1 min
iHunt Technology’s Net Profit Shrinks 30% to RON1.9M in H1
Capital Market

iHunt Technology’s Net Profit Shrinks 30% to RON1.9M in H1

iHunt Technology Import-Export (HUNT.RO), a supplier and manufacturer of mobile phones and gadgets, posted RON1.9 million net profit in the first half of 2022, down 29% from the year-ago per...

Loredana Frățilă-Cristescu · 29.08.2022 · 15:55 · 1 min
Sales of Green Cars Down in Europe, up over 100% in Romania in Q2
Automotive

Sales of Green Cars Down in Europe, up over 100% in Romania in Q2

Sales of green cars, i.e., hybrids, BEVs/electrics and PHEVs/plug-in hybrids, in Europe's top ten car markets - Germany, France, Italy, Spain, the UK, Sweden, Norway, the Netherlands, Switze...

Loredana Frățilă-Cristescu · 23.08.2022 · 13:31 · 1 min
Banks-Insurance

Three-Month ROBOR Keeps Downward Trend, Reaches 7.96% On August 16

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, continued its downward trend, d...

Ecaterina Craciun · 16.08.2022 · 14:24 · 1 min
Automotive Component Maker Compa Sibiu Net Profit Shrinks to RON4.7M in H1
Capital Market

Automotive Component Maker Compa Sibiu Net Profit Shrinks to RON4.7M in H1

Automotive components manufacturer Compa Sibiu (CMP.RO) ended the first half of 2022 with a net profit of RON4.7 million, down 73.3% compared with the year-ago period.

Loredana Frățilă-Cristescu · 12.08.2022 · 17:54 · 1 min