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Teraplast Bistrita Boosts Share Capital By RON21.3M
Companies

Teraplast Bistrita Boosts Share Capital By RON21.3M

Romanian building materials manufacturer Teraplast Bistrița (TRP.RO) boosted its share capital by RON21.3 million, to RON107 million, by issuing 213.3 million new shares, with a face value o...

Ecaterina Craciun · 17.09.2018 · 11:38 · 1 min
Romania’s Software & IT Services Market Up A Mere 2% On Year In 2017
Technology &Telecoms

Romania’s Software & IT Services Market Up A Mere 2% On Year In 2017

Romania’s software and IT services market rose just 2.1% year-on-year in 2017, to EUR975 million, while exports grew by 14% to EUR3 billion, as per a survey by market research and consulting...

Ecaterina Craciun · 12.09.2018 · 13:17 · 1 min
PwC: Romania’s M&E Market To Rise 7.4%/Year Until 2022, To $3.7B
Companies

PwC: Romania’s M&E Market To Rise 7.4%/Year Until 2022, To $3.7B

The Romanian media and entertainment (M&E) market is expected to see an annual average growth rate of 7.4% over the next five years, reaching total revenue of $3.7 billion in 2022, with half...

Ecaterina Craciun · 11.09.2018 · 19:48 · 2 min
SME Guarantee Fund 1H Net Profit Surges 50% To RON47.5M
Companies

SME Guarantee Fund 1H Net Profit Surges 50% To RON47.5M

Romania's national guarantee fund for small and medium-sized businesses (FNGCIMM) on Monday said its net profit surged 50% year-on-year to RON47.5 million in the first half of 2018.

Ecaterina Craciun · 03.09.2018 · 12:16 · 1 min
Three-Month Money Market Rate Rises For Second Consecutive Day, At 3.31%
Banks-Insurance

Three-Month Money Market Rate Rises For Second Consecutive Day, At 3.31%

The three-month money market interest rate used to calculate interests for consumer loans in lei grew Thursday for the second consecutive day, reaching 3.31% a year, compared with 3.29% on W...

Ecaterina Craciun · 23.08.2018 · 11:49 · 1 min
Three-Month Money Market Rate Resumes Growth, Reaches 3.29%
Banks-Insurance

Three-Month Money Market Rate Resumes Growth, Reaches 3.29%

The three-month money market interest rate used to calculate interests for consumer loans in lei rose Wednesday for the first time in the last four days, reaching 3.29% a year, compared with...

Ecaterina Craciun · 22.08.2018 · 12:01 · 1 min
Online Store Cel.ro 1H Sales Up 30% On Year To EUR33M
Companies

Online Store Cel.ro 1H Sales Up 30% On Year To EUR33M

CEL.ro, an online store managed by Corsar Online held by entrepreneur Tiberiu Pop, reported a 30% increase in sales in the first half of 2018, to nearly EUR33 million, and targets overall sa...

Ecaterina Craciun · 22.08.2018 · 10:11 · 1 min
Optima 1H Turnover Surges 44% On Year To RON10M
Companies

Optima 1H Turnover Surges 44% On Year To RON10M

Bucharest-based company Optima, specialized in software development and outsourcing services, on Tuesday said its turnover grew 44% to RON10 million in January-June 2018, compared with same...

Ecaterina Craciun · 21.08.2018 · 14:50 · 1 min
Farmec Cluj Napoca 1H Turnover Up 10% On Year To RON116M
Companies

Farmec Cluj Napoca 1H Turnover Up 10% On Year To RON116M

Cluj-based cosmetics manufacturer Farmec Cluj Napoca on Tuesday said it ended the first half of 2018 with a turnover of RON116 million (nearly EUR25 million), up 10% from the same period in...

Ecaterina Craciun · 21.08.2018 · 14:05 · 1 min