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Online Fashion Sales Headed to EUR1B in Romania in 2020
Romanians spend some EUR5 billion on apparel, footwear and sporting goods a year and online sales used to account for about 10% of that until the pandemic, ZF has estimated based on market d...
Kastamonu Set to Invest in Boosting Production Capacity
Kastamonu Romania (formerly Prolemn), held by Turkey’s Kastamonu Entegre, one of the leading wood processing groups in that country, has budgeted investments in boosting production capacity...
Arcelik Group Invests in Arctic Gaesti to Meet Higher Demand
Turkey’s Arcelik Group, which has two plants in Romania, a refrigerator facility in Gaesti and a washing machine facility in Ulmi, Dambovita County, is investing in the local operations to m...
Three-Month Money Market Rate Grows To 2.15% After 13 Days Of Stagnation
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.14% a year on Tuesday (October 20).
Three-Month Money Market Rate Keeps Growing, Reaches 2.11%
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.11% a year on Wednesday (September 30), which i...
Three-Month Money Market Rate Keeps Upward Trend, Reaches 2.07%
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.07% a year on Monday (September 28).
Three-Month Money Market Rate Grows For Fourth Consecutive Day, Up To 2.04%
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.04% a year on Friday (September 25).
Three-Month Money Market Rate Grows For Third Consecutive Day, Up To 2.02%
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, grew to 2.02% a year on Thursd...
Astra Vagoane Calatori Set to Boost Tram Production Capacity
Astra Vagoane Calatori, one of the largest rolling stock manufacturers in Romania, plans to develop production capacity in its two plants in Arad.