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Romania 3-Month Money Market Rate Jumps To 3.09%
Banks-Insurance

Romania 3-Month Money Market Rate Jumps To 3.09%

The 3-month money market interest rate used to calculate interests for consumer loans in lei jumped to 3.09% a year on Friday, from 2.95% on Thursday, the highest level since September 26, 2...

Ecaterina Craciun · 22.06.2018 · 12:48 · 1 min
3-Month ROBOR Rate Rises Slightly, Three Other Indices Remain Flat
Banks-Insurance

3-Month ROBOR Rate Rises Slightly, Three Other Indices Remain Flat

The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, rose slightly to 2.95% a year on Thursday, from 2.93% previously, central bank data show.

Ecaterina Craciun · 21.06.2018 · 13:15 · 1 min
Tuborg Beer Can Sales Up 35% On Year In January-May 2018
Companies

Tuborg Beer Can Sales Up 35% On Year In January-May 2018

The United Romanian Breweries Bereprod (URBB) group, whose portfolio includes beer brands Tuborg, Carlsberg and Skol, as well as soft drinks brand Granini, saw a 35% annual increase in canne...

Ecaterina Craciun · 19.06.2018 · 16:49 · 1 min
Bitdefender Exports Up 31% To RON578M In 2017
Technology &Telecoms

Bitdefender Exports Up 31% To RON578M In 2017

IT security solutions provider Bitdefender, the most famous Romanian hi-tech brand in the world and the largest software developer of the country, held by entrepreneurs Florin and Mariuca Ta...

Loredana Frățilă-Cristescu · 19.06.2018 · 00:00 · 1 min
Eurostat: Romania Sees Highest Annual Increase In Hourly Labor Costs In EU, In 1Q/2018
Companies

Eurostat: Romania Sees Highest Annual Increase In Hourly Labor Costs In EU, In 1Q/2018

Hourly labor costs rose by 2.0% in the euro area (EA19) and by 2.7% in the EU28 in the first quarter of 2018, compared with the same quarter of the previous year, according to Eurostat, the...

Ecaterina Craciun · 18.06.2018 · 15:28 · 1 min
Three-Month ROBOR Index Inches Up To 2.90%
Banks-Insurance

Three-Month ROBOR Index Inches Up To 2.90%

The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, inched up to 2.90% on Monday, from 2.89% last Friday, reaching the highest level since Septem...

Ecaterina Craciun · 11.06.2018 · 11:52 · 1 min
Romania Net Average Salary Grows 0.3% On Month In April 2018
Macroeconomics

Romania Net Average Salary Grows 0.3% On Month In April 2018

The net average salary in Romania rose 0.3% in April 2018 compared with February, to 2,713 lei (around EUR582), data from the country's statistics board showed Monday.

Ecaterina Craciun · 11.06.2018 · 09:46 · 1 min
Cegedim: Romania’s Pharmaceutical Market Up 17% Y/Y To RON3.7B In 1Q/2018
Companies

Cegedim: Romania’s Pharmaceutical Market Up 17% Y/Y To RON3.7B In 1Q/2018

Romania’s pharmaceutical market rose 17.3% year-on-year to RON3.7 billion in the first quarter of 2018 due to higher increases in cost-volume-outcome contracts for expensive medical drugs, d...

Ecaterina Craciun · 08.06.2018 · 16:36 · 1 min
Three-Month ROBOR Keeps Rising, Reaches 2.89%
Banks-Insurance

Three-Month ROBOR Keeps Rising, Reaches 2.89%

The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, grew to 2.89% on Friday, from 2.87% on Thursday, reaching the highest level since October 201...

Ecaterina Craciun · 08.06.2018 · 13:18 · 1 min