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Coface: Romania Ranks Second In CEE By Insolvency Numbers In 2017
Companies

Coface: Romania Ranks Second In CEE By Insolvency Numbers In 2017

Romania ranks second among countries in Central and Eastern Europe (CEE) regarding the number of insolvent companies in 2017, with 8,256 firms, placing between Hungary (16,302 insolvent firm...

Ecaterina Craciun · 09.10.2018 · 16:26 · 1 min
BT Analyst: Household Saving Rate Seen Rising In Coming Quarters
Banks-Insurance

BT Analyst: Household Saving Rate Seen Rising In Coming Quarters

The household saving rate is expected to increase in coming quarters, amid a maturing post-crisis economic cycle and the intensification of risk perception, with impact on consumer bahavior,...

Ecaterina Craciun · 08.10.2018 · 17:53 · 1 min
NTT DATA Romania Posts 27% Higher Turnover, Of EUR43M, In January-August 2018
Companies

NTT DATA Romania Posts 27% Higher Turnover, Of EUR43M, In January-August 2018

Software services and solutions provider NTT DATA Romania (former EBS Romania), part of Japanese group NTT DATA, on Wednesday said its turnover grew 27% year-on-year, to EUR43 million, in Ja...

Ecaterina Craciun · 03.10.2018 · 14:55 · 1 min
Three-Month Money Market Rate Inches Up At 3.16%
Banks-Insurance

Three-Month Money Market Rate Inches Up At 3.16%

The three-month money market interest rate used to calculate interests for consumer loans in lei inched up to 3.16% a year on Wednesday, from 3.15% a year on Tuesday, central bank data show.

Ecaterina Craciun · 03.10.2018 · 13:23 · 1 min
Dacia Production To Go Up To Over 1 Million Cars A Year. Morocco Or Romania?
Automotive

Dacia Production To Go Up To Over 1 Million Cars A Year. Morocco Or Romania?

Renault is considering increasing the capacity of Automobile Dacia’s Mioveni plant near Pitesti in southern Romania, as the sales of the Dacia brand are on the rise and the facilities making...

Loredana Frățilă-Cristescu · 03.10.2018 · 09:01 · 1 min
Banks-Insurance

Three-Month Money Market Rate Rises To 3.17%

The three-month money market interest rate used to calculate interests for consumer loans in lei rose to 3.17% a year on Friday, after stagnating for one day at 3.15% a year, central bank da...

Ecaterina Craciun · 28.09.2018 · 13:13 · 1 min
Banks-Insurance

Three-Month Money Market Rate Inches Up To 3.15%

The three-month money market interest rate used to calculate interests for consumer loans in lei rose to 3.15% on Wednesday, from 3.14% a year on Tuesday, central bank data show.

Ecaterina Craciun · 26.09.2018 · 13:29 · 1 min
Three-Month Money Market Rate Reaches Two-Week High, At 3.14%
Banks-Insurance

Three-Month Money Market Rate Reaches Two-Week High, At 3.14%

The three-month money market interest rate used to calculate interests for consumer loans in lei rose to 3.14% on Friday, from 3.10% a year registered on Thursday, central bank data show.

Ecaterina Craciun · 21.09.2018 · 14:39 · 1 min
Three-Month Money Market Rate Inches Up To 3.10%
Banks-Insurance

Three-Month Money Market Rate Inches Up To 3.10%

The three-month money market interest rate used to calculate interests for consumer loans in lei rose slightly to 3.10% on Wednesday, from 3.09% a year three days ago, central bank data show...

Ecaterina Craciun · 19.09.2018 · 13:20 · 1 min