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Vascar Turnover Up 15% To EUR18M On Year In 2018
Companies

Vascar Turnover Up 15% To EUR18M On Year In 2018

Vascar, one of the leading cold cuts and canned food producers, registered a 15% higher turnover year-on-year, of EUR18 million, in 2018, due to expanding the portfolio and partnerships with...

Ecaterina Craciun · 06.02.2019 · 13:59 · 1 min
ASF Head: Romania Insurance Market Overshot RON10B Mark In 2018
Banks-Insurance

ASF Head: Romania Insurance Market Overshot RON10B Mark In 2018

Romania’s insurance market grew 4.5% year-on-year in 2018, to over RON10 billion, according to unaudited data from the Financial Supervisory Authority (ASF).

Ecaterina Craciun · 05.02.2019 · 14:19 · 1 min
Foodpanda.ro: Online Food Orders Up 130% In 2018
Companies

Foodpanda.ro: Online Food Orders Up 130% In 2018

The number of online food orders registered by online food delivery platform Foodpanda.ro soared 130% compared with 2017, with over 66% of total orders being generated by the mobile applicat...

Ecaterina Craciun · 05.02.2019 · 13:01 · 1 min
Traffic on Romania’s Airports Up 7.7% to 21.8 Million Passengers in 2018
Companies

Traffic on Romania’s Airports Up 7.7% to 21.8 Million Passengers in 2018

Passenger traffic on the airports in Romania overshot the 21-million-mark last year, up 7.7% over 2017, ZF has found from Romanian Airports Association data.

Loredana Frățilă-Cristescu · 29.01.2019 · 09:54 · 1 min
Webhelp Romania Eyes Acquisitions In 2019; Seeks To Boost Staff Numbers
Technology &Telecoms

Webhelp Romania Eyes Acquisitions In 2019; Seeks To Boost Staff Numbers

Outsourcing company Webhelp Romania will focus in 2019 on completing its services portfolio by acquiring a company, expecting its staff numbers to grow by some 500 people and its turnover to...

Ecaterina Craciun · 28.01.2019 · 14:08 · 1 min
Banks-Insurance

Three-Month Money Market Rate Grows To 3.11%

The three-month money market interest rate used to calculate interests for consumer loans in lei, grew to 3.11% a year on Friday, from 3.03% a year on Wednesday.

Ecaterina Craciun · 25.01.2019 · 11:53 · 1 min
Banca Transilvania Boosts Share Capital By RON2.6M
Banks-Insurance

Banca Transilvania Boosts Share Capital By RON2.6M

Romanian lender Banca Transilvania (TLV.RO) has increased its share capital by RON2.6 million to RON4.815 billion, following the conversion of 2.6 million Bancpost shares, with a nominal val...

Ecaterina Craciun · 23.01.2019 · 14:54 · 1 min
Three-Month Money Market Rate Grows To 3.03%
Banks-Insurance

Three-Month Money Market Rate Grows To 3.03%

The three-month money market interest rate used to calculate interests for consumer loans in lei, grew to 3.03% a year on Wednesday, from 2.97% a year on Tuesday.

Ecaterina Craciun · 23.01.2019 · 12:03 · 1 min
City Grill Group 2018 Turnover Up 11% On Year To EUR37.7M
Companies

City Grill Group 2018 Turnover Up 11% On Year To EUR37.7M

City Grill Group, one of the leading players in the local restaurant industry, held by entrepreneur Dragos Petrescu, reported a turnover of EUR37.7 million in 2018, up 11% versus 2017. The m...

Ecaterina Craciun · 22.01.2019 · 13:33 · 1 min