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Dacia Automobile Output Down 1% In January-May 2017, To Nearly 143,000 Units
The output of carmaker Automobile Dacia fell 1% in January-May 2017, to nearly 143,000 units, according to data provided by the association of automotive manufacturers in Romania ACAROM.
Retailer cel.ro Net Profit Plunges To EUR19,857, But Turnover Rises To EUR50M In 2016
Corsar Online, which administers cel.ro – one of the biggest online stores in Romania, on Wednesday said it registered a turnover of RON224.8 million (EUR50.05 million) in 2016, up 29.6% aga...
Aerostar 1Q Profit Falls Nearly 34% To RON11M
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) on Friday reported a 33.7% decline in profit, to RON11 million, and a 7.8% decrease in turnover, to RON74.8 million, on...
Telekom Romania Group 1Q Revenue Down 2% To EUR230M, Operating Profit Down 5% To EUR37M
The revenue of Telekom group, formed of former companies Cosmote and Romtelecom, fell 1.7% to EUR230 million in January-March 2017, and its operating profit (EBITDA) fell 5.1% to EUR37 milli...
New Retail Loans Down 7% In Jan-Feb
Banks granted 3.7 billion lei (EUR822 million) new leu and euro retail loans in the first two months of this year, about 7% less than in the year-ago period, Romania’s central bank data show...
Romania’s Wine Production Down For Third Year In A Row In 2016
Romania’s wine production stood at 3.3 million hectoliters last year, down 8% on 2015, International Organization of Vine and Wine data show. Last year was its third in a row with a decline...
Hidroconstructia Revenue Halved In 2016
Romanian privately-held builder Hidroconstructia saw its revenue halve to 403 million lei (EUR89.5 million) in 2016, after having ended 2015 with RON764 million.
Romania CDS At Nine-Year Low
Romania is regarded by international markets as a low-risk investment, as the credit default swap dropped to 100 basis points, a nine-year low.
Foreign Portfolio Investments Down To 17% Of Romania’s Domestic Public Debt
The foreign portfolio investment in Romanian government paper fell to 21.2 billion lei (EUR4.7 billion) towards the end of last year and non-residents’ share of domestic public debt fell to...