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Business Lease Romania 2017 Turnover Up 10% To EUR7M
Business Lease Romania, the local division of Dutch group Business Lease, specialized in in offering full mobility solutions to companies in Central and Eastern Europe, ended 2017 with a tur...
Three-Month ROBOR Reaches New Record High Of 2.68%
The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, reached a new record high on Tuesday, at 2.68% a year, from 2.54% a year on Monday, the highe...
Romania’s Electronic Commerce Market Expected To Reach EUR3.9B In 2018
Online sales in Romania are expected to reach EUR3.9 billion this year, 40% higher than in 2017, when the local electronic commerce market stood at EUR2.8 billion, the Romanian association o...
Tarom Carried 22% More Passengers In Q1
Flag carrier airline Tarom, which lost ground to low-cost operators, has managed to boost traffic by 22% to some 520,000 passengers on regular flights using its own aircraft in the first qua...
One In Four New People Hired In Past Year Got A Public Sector Job
The number of new hires in the public sector stood at 24,000 in February 2017-February 2018 or one quarter (26%) of the almost 108,000 new hires in the entire economy in the past year.
Three-Month ROBOR Index Hits New Record High Of 2.54%
The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, reached a new record high on Friday, at 2.54% a year, from 2.49% a year on Thursday, the high...
BCR Group Posts 15% Higher Profit, Of EUR42.4M, In 1Q/2018
Austria’s Erste Group, the majority shareholder of Romanian lender Banca Comerciala Romana (BCR), reported on Friday its financial results for the first quarter of 2018, including the result...
Erste Group Posts EUR333M Net Profit In 1Q/2018, Best Result In Its History
Austria’s Erste Group, the majority shareholder of Romanian lender Banca Comerciala Romana (BCR) and one of the largest banks in Central and Eastern Europe, on Friday said it registered a EU...
BRD-Soc Gen Net Profit Grows 28% In 1Q/2018, To RON392M
BRD-Soc Gen, the third largest bank on the local market by assets, on Friday said it registered a net profit of RON392 million in the first quarter of 2018, up 28% year-on-year, and banking...