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ACAROM: New Car Registrations In Romania Up 33.46%, To Over 60,000 Units, In 1H/2018
Automotive

ACAROM: New Car Registrations In Romania Up 33.46%, To Over 60,000 Units, In 1H/2018

The number of new car registrations in Romania rose 33.46% on the year in the first half of 2018, to 60,068 units, according to data from the association of automotive manufacturers in Roman...

Ecaterina Craciun · 12.07.2018 · 16:17 · 1 min
Private Investors Delivered Almost 52,000 New Homes In 2017
Real Estate

Private Investors Delivered Almost 52,000 New Homes In 2017

The number homes completed in Romania in 2017 was again higher in cities than in rural areas, a trend that started in 2014. Whereas the number of homes developed by private investors in citi...

Loredana Frățilă-Cristescu · 12.07.2018 · 09:25 · 2 min
Reynaers Aluminium Romania Sees 15% Higher Turnover In 1H/2018
Companies

Reynaers Aluminium Romania Sees 15% Higher Turnover In 1H/2018

Reynaers Aluminium Romania, the local division of European developer of aluminum products for the building sector, reported a 15% higher turnover year-on-year in the first half of 2018, with...

Ecaterina Craciun · 10.07.2018 · 12:23 · 1 min
ROBOR Rise Adds EUR600,000 To Cris-Tim’s Financing Costs
Companies

ROBOR Rise Adds EUR600,000 To Cris-Tim’s Financing Costs

Cris-Tim, the leader of the cold cuts markets in Romania, paid EUR600,000 more to banks in the past year due to the rise in ROBOR, which is more than the management had expected. This additi...

Loredana Frățilă-Cristescu · 09.07.2018 · 09:27 · 2 min
Three-Month Money Market Rate Advances To 3.16%
Banks-Insurance

Three-Month Money Market Rate Advances To 3.16%

The 3-month money market interest rate used to calculate interests for consumer loans in lei grew to 3.16% a year on Thursday, from 3.15% on Wednesday, central bank data show.

Ecaterina Craciun · 28.06.2018 · 14:02 · 1 min
3, 12-Month Money Market Rates Keep Rising; 6, 9-Month Rates Fall Slightly
Banks-Insurance

3, 12-Month Money Market Rates Keep Rising; 6, 9-Month Rates Fall Slightly

The 3-month money market interest rate used to calculate interests for consumer loans in lei grew to 3.15% a year on Wednesday, from 3.14% on Tuesday, the highest level since May 5, 2014, ce...

Ecaterina Craciun · 27.06.2018 · 12:59 · 1 min
ROBOR Indices Keep Rising
Banks-Insurance

ROBOR Indices Keep Rising

The 3-month money market interest rate used to calculate interests for consumer loans in lei grew to 3.14% a year on Tuesday, from 3.13% on Monday, the highest level since May 7, 2014, centr...

Ecaterina Craciun · 26.06.2018 · 12:45 · 1 min
Banks-Insurance

Romania 3-Month Money Market Rate Climbs To 3.13%

The 3-month money market interest rate used to calculate interests for consumer loans in lei advanced to 3.13% a year on Monday, from 3.09% on Friday, the highest level since May 7, 2014, ce...

Ecaterina Craciun · 25.06.2018 · 12:05 · 1 min
Amount Of Debit Payment Instruments Rejected Up 30% To RON149M In May
Banks-Insurance

Amount Of Debit Payment Instruments Rejected Up 30% To RON149M In May

Banks rejected 149 million lei (EUR32 million) worth of cheques and promissory notes in May, 30% more than in April, Romania’s central bank data show.

Loredana Frățilă-Cristescu · 25.06.2018 · 09:35 · 1 min