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Romania’s Furniture Exports To Germany Down For First Time After 2008
Romania’s furniture exports last year went down for the first time since the economic crisis of 2008, with mostly those to the main markets like Germany and Italy affected, data from the Rom...
Number Of Life Insurance Policies Down To Half Of 2013 Level
About 1.64 million Romanians had a life insurance policy at the end of September 2017, which means less than half of the number that had such insurance in September 2013, Romania’s Financial...
Three-Month ROBOR Falls To 1.98%
The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, dropped to 1.98% on January 11, from 2.03% a day before, January 10, according to central ban...
Non-Resident Deposits Down To EUR3.2B In Jan-Sept
The long-term deposits of non-residents in local banks, which mostly account for financing from their shareholders, saw a slight increase in September compared with July and August, ending t...
Transelectrica Profit Plunges 70% To RON65M In January-September 2017
Romanian state-run power grid operator Transelectrica (TEL.RO) on Wednesday said its profit plunged 70% to RON65 million in January-September 2017, from RON213 million in the year-earlier pe...
Romcarbon Buzau 9-Month Profit Down 31%, To RON3M
Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) on Tuesday said its profit fell 31% to RON3 million in January-September 2017, while its turnover rose 11% from the year-earlier...
Mediplus And Sensiblu Sales Down In First Half
Pharmacy chain Sensiblu, the second leading pharmaceutical retailer in Romania, posted a 14% decline in sales in the first half to 703 million lei (EUR153 million) and Mediplus, the leader o...
Bucharest Stock Exchange Down For Tenth Day In A Row
The BET index of the Bucharest Stock Exchange has been down for ten sessions in a row, despite economic growth, due to fiscal uncertainties and the attack on the mandatory private pension sy...
Kaufland Posts 2% Decline In Turnover In Romania, In 1H/2017
German hypermarket chain Kaufland registered a 2% decrease in turnover, to RON4.7 billion, in Romania, in January-June 2017.