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Daimler Group Increases Production of Transmissions in Sebes
Germany’s Daimler-owned automatic transmission manufacturing unit Star Assembly increased production capacity of the 8G-DCT transmission in August when it added another shift and created 145...
Fabrica De Lapte Brasov Revenue Up 8% to RON509M in 2019
Fabrica de Lapte Brasov, the producer of the Olympus dairy products, ended 2019 with 509 million lei revenue, up more than 8% compared with 2018, while profit halved to RON5.5 million, Finan...
Dacia and Ford Step Up Production of Cars and Engines
Dacia plant will return to a six-day work week for the first time in 2020, in order to increase production and ensure the new safety measures and Ford Romania will return to working in three...
Printing Company Rottaprint Expects Over 20% Increase In Exports By End-2020
Rottaprint, the largest flexographic printing company producing self-adhesive labels and flexible packaging in Romania, reported an 18% increase in exports in January-June 2020, compared to...
Kaufland 2019 Turnover Up 8% YoY To RON11.8B
German-held retailer Kaufland reported a turnover of RON11.8 billion in 2019, 8% higher than in the first half of 2018, per ZF calculations based on public data.
Three-Month Money Market Rate Inches Up To 2.62% A Year
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate interests for consumer loans in lei, grew slightly to 2.62% a year on Tuesday, from 2.61% on M...
Apemin Tusnad: Sales Surged Nearly 50% Since Beginning Of March Amid Coronavirus Outbreak
Apemin Tusnad, one of the largest water bottlers in Romania, said its sales grew 50% since the beginning of March, compared to the year-earlier period, due to the coronavirus outbreak.
Three-Month Money Market Rate Keeps Going Up, Reaches 3.24% A Year
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate interests for consumer loans in lei, has kept its upward trend, rising to 3.24% a year on Thur...
Three-Month Money Market Rate Keeps Upward Trend, Reaches 3.20% A Year
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate interests for consumer loans in lei, has kept its upward trend, jumping to 3.20% a year on Wed...