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Six Of Ten Largest Capital Inflows To Romanian Companies Came From Cyprus In 2017
Six of the ten largest capital inflows provided by foreign investors to Romanian companies last year came from Cyprus-based shareholders, ZF has found from Trade Registry data. Other shareho...
Three-Month ROBOR Inches Up To 2.04%
The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, rose slightly to 2.04% on Friday, from 2.03% a day before, according to central bank data.
Three-Month ROBOR Tops 2% After Central Bank Raises Key Rate
The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, rose to 2.03% on Thursday, from 1.99% a day before, according to central bank data.
Patria Bank Mulls Raising Share Capital By RON60M To Back Growth Plans
Patria Bank, which resulted from the merger between Banca Comerciala Carpatica and Patria Bank, on Thursday said it plans to increase its share capital by RON60.5 million at the most, to a t...
Coface: Romania Insolvency Numbers Up 3% On Year In 2017, At 8,256
The number of companies that went insolvent in Romania rose 3% to 8,256 in 2017, from 8,053 a year before, according to a study by Coface. The bulk of insolvent companies operate in the ener...
Three-Month ROBOR Rises Slightly To 1.99%
The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, has inched up to 1.99% on Wednesday, from 1.97% a day before, according to central bank data.
Intesa Sanpaolo Bank Romania Triples Net Profit In 2017, To RON43M
Intesa Sanpaolo Bank, part of Italian group Intesa Sanpaolo Group, ended 2017 with an operating income of RON154 million and a net profit of RON43 million, three times higher than the level...
City Grill Ends 2017 With 11% Higher Turnover, Of EUR34M
The City Grill restaurant group, controlled by entrepreneur Dragos Petrescu, ended 2017 with revenue of EUR33.7 million, up 11% on the year, on the backdrop of technological investments, ren...
Liberty Center Visitor Traffic Up 12%, Sales Up 16% In 2017
Shopping center Liberty Center saw a year-on-year increase of 12% in visitor traffic in 2017, reaching four million visitors a year. Tenants’ sales rose 16% on the year in 2017, with the sho...