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Romania’s Media Market Up 13% To EUR412M Y/Y In 2017
Media

Romania’s Media Market Up 13% To EUR412M Y/Y In 2017

Romania’s media market rose 13% year-on-year to EUR412 million in 2017, which translates into the biggest increase since the economic crisis, according to a Media Fact Book report drafted by...

Ecaterina Craciun · 07.06.2018 · 15:24 · 1 min
Libra Internet Bank Posts Higher Net Profit, Of RON22M, On Year In 1Q/2018
Banks-Insurance

Libra Internet Bank Posts Higher Net Profit, Of RON22M, On Year In 1Q/2018

Libra Internet Bank on Wednesday said it registered a net profit of RON22 million in the first quarter of 2018, higher than RON8.4 million reported in the year-earlier period.

Ecaterina Craciun · 06.06.2018 · 13:09 · 1 min
Gefco Romania 2017 Turnover Up 14% On Year To EUR68M
Companies

Gefco Romania 2017 Turnover Up 14% On Year To EUR68M

Gefco Romania, the local division of Gefco Group, a global player in industrial logistics and European leader in vehicle logistics, reported a turnover of EUR68.1 million in 2017, up 14% on...

Ecaterina Craciun · 05.06.2018 · 17:00 · 1 min
eMag 2017 Net Loss Widens 30% On Year To RON111.3M
Companies

eMag 2017 Net Loss Widens 30% On Year To RON111.3M

eMag, a company controlled by South Africa’s Naspers giant and by Romanian entrepreneur Iulian Stanciu, registered a net loss of RON111.3 million (EUR24.4 million) in 2017, up 30% against th...

Ecaterina Craciun · 05.06.2018 · 16:24 · 1 min
Three-Month ROBOR Hits Four-Year High Of 2.85%
Banks-Insurance

Three-Month ROBOR Hits Four-Year High Of 2.85%

The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, grew to 2.85% on Monday, from 2.83% last Friday, reaching the highest level since 2014, centr...

Ecaterina Craciun · 04.06.2018 · 12:33 · 1 min
Three-Month Robor Index Resumes Growth, Reaches 2.83%
Banks-Insurance

Three-Month Robor Index Resumes Growth, Reaches 2.83%

The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, grew to 2.83% on Thursday, from 2.82% on Wednesday, central bank data show.

Ecaterina Craciun · 31.05.2018 · 13:40 · 1 min
MAM Bricolaj Posts 35% Higher Turnover In 1Q/2018, Of RON6M
Companies

MAM Bricolaj Posts 35% Higher Turnover In 1Q/2018, Of RON6M

MAM Bricolaj, supplier of furniture materials and accessories, ended the first quarter with a turnover of RON6 million, up 35% from the year-year period, and expects a 40% annual increase in...

Ecaterina Craciun · 30.05.2018 · 14:17 · 1 min
Dolo Trans Olimp Set To Expand Fleet To 400 Trucks In 2018
Automotive

Dolo Trans Olimp Set To Expand Fleet To 400 Trucks In 2018

Dolo Trans Olimp, the trucking company of businessman Cristian Dolofan, plans to boost its fleet to 400 trucks this year, following the purchase of 80 new vehicles.

Loredana Frățilă-Cristescu · 30.05.2018 · 11:50 · 1 min
Three-Month ROBOR Index Resumes Upward Trend, Rises To 2.82%
Banks-Insurance

Three-Month ROBOR Index Resumes Upward Trend, Rises To 2.82%

The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, grew to 2.82% on Tuesday, from 2.79% last Friday, central bank data show.

Ecaterina Craciun · 29.05.2018 · 14:54 · 1 min