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Three-Month Money Market Rate Surges To 1.65% A Year
Banks-Insurance

Three-Month Money Market Rate Surges To 1.65% A Year

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 1.65% a year on Friday (Sept 24), after stagnatin...

Ecaterina Craciun · 24.09.2021 · 13:00 · 1 min
Romania Tractor Fleet Reaches 232,654 Units in 2020, Up 5% YoY, Up 12% In Last Five Years
Analysis

Romania Tractor Fleet Reaches 232,654 Units in 2020, Up 5% YoY, Up 12% In Last Five Years

In 2020, Romania’s tractor fleet was made up of 232,654 physical units, higher by 5% from 2019 and by 12% from five years ago, in line with ZF calculations based on data from the country's s...

Florentina Nițu · 10.09.2021 · 10:59 · 1 min
Romania’s Construction Market Up 17% YoY To RON128B in 2020
Analysis

Romania’s Construction Market Up 17% YoY To RON128B in 2020

Romania’s construction sector reached a value of RON127.9 billion in 2020, in the wake of an annual increase of around 17%, according to ZF calculations based on Trade Registry data.

Alina-Elena Vasiliu · 08.09.2021 · 10:57 · 1 min
Three-Month Money Market Rate Tops 1.6% A Year
Banks-Insurance

Three-Month Money Market Rate Tops 1.6% A Year

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 1.61% a year on Tuesday (Sept 7), after stagnatin...

Ecaterina Craciun · 07.09.2021 · 15:19 · 1 min
Three-Month Money Market Rate Grows To 1.6% A Year
Banks-Insurance

Three-Month Money Market Rate Grows To 1.6% A Year

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 1.6% a year on Monday (August 23).

Ecaterina Craciun · 24.08.2021 · 10:06 · 1 min
Three-Month Money Market Rate Grows To 1.50% After Stagnating At 1.49% In Last 12 Sessions
Banks-Insurance

Three-Month Money Market Rate Grows To 1.50% After Stagnating At 1.49% In Last 12 Sessions

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 1.50% a year on Thursday (June 24), after stagnat...

Ecaterina Craciun · 24.06.2021 · 14:04 · 1 min
One in Ten Employees in Bucharest, Cluj and Iasi Works in IT Sector
Technology &Telecoms

One in Ten Employees in Bucharest, Cluj and Iasi Works in IT Sector

More than 10,000 employees or 10% of the total employees in Bucharest work in the IT&C sector, ZF has calculated from national Statistics Institute data. In Cluj, 9% of the employees work in...

Loredana Frățilă-Cristescu · 15.06.2021 · 09:11 · 1 min
DIY Retailer Dedeman Posts 10% Rise in Revenue to RON9B in 2020
Retail&Consumer

DIY Retailer Dedeman Posts 10% Rise in Revenue to RON9B in 2020

DIY retailer Dedeman, the largest entrepreneurial business in Romania and the leader of its market in this country, saw revenue up 10.5% to RON9.082 billion (EUR1.877 billion) in 2020, Finan...

Loredana Frățilă-Cristescu · 02.06.2021 · 09:42 · 1 min
CGS Romania Posts 12% Increase in Revenue in 2020
Companies

CGS Romania Posts 12% Increase in Revenue in 2020

Services center operator CGS Romania ended 2020 with almost RON314.5 million revenue, an increase of more than 12% on 2019, Finance Ministry and company-supplied data show.

Loredana Frățilă-Cristescu · 18.05.2021 · 10:14 · 1 min