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Number Of Employees In Romania Close To Pre-Crisis Level
The number of employees in Romania’s economy reached 4.78 million in January, up more than 160,000 compared with the year-ago period and a record high of the last nine years, National Statis...
Signal Iduna Reports 40% Higher Underwritten Gross Premiums In 1Q/2017
Signal Iduna, the largest life insurance company on the Romanian market, posted a 40% increase in underwritten gross premiums in the first quarter of 2017, and its total portfolio exceeded E...
Stihl Romania Head: 20% Increase In 2016 Turnover Is Due To Fiscal Relaxation
The Romanian division of German power tool producer Stihl reported an increase of 20% in its 2016 turnover to over EUR32 million.
RCS&RDS Group Revenue Up 12.4% To EUR843M In 2016, Operating Profit Up 11% To EUR263M
Revenue of telecom group RCS&RDS, controled by entrepreneur Zoltan Teszari, rose 12.4% in 2016, to EUR842.8 million, while its operating profit (EBITDA) climbed 10.9% to EUR263.3 million, ac...
Traffic On Timisoara International Airport Up 70% To 355,832 Passengers In 1Q/2017
Timisoara International Airport, in western Romania, saw an increase of 70% in passenger traffic on the year in the first three months of 2017, to 355,832 passengers.
Furniture Retailer Lem’s Posts 3% Higher Turnover, Of EUR17M, In 1Q/2017
Romanian furniture store chain LEM'S, operated by furniture producer Lemet Campina, posted a turnover of RON76 million (nearly EUR17 million) in the first three months of 2017, up 3% from th...
Generali Romania Underwritten Gross Premiums Up 32.5% In 2016, To RON642.79M
Generali Romania underwrote gross premiums of RON642.79 million in 2016, up 32.5% on the year, and registered a net profit of nearly RON68 million, similar with the level reached a year befo...
Private Pension Assets Up 27% In 2016, To RON32.99B
Assets managed by private pension funds in Romania rose 27.16% on the year to RON32.99 billion (EUR7.26 billion) at the end of December 2016, according to data released Monday by financial r...
Vast Resources: Significant Increase in Silver, Copper, Lead and Zinc Grades At Baita Plai Mine
UK-based mining company Vast Resources, with operations in Romania and Zimbabwe, announced that significantly higher grades of silver, copper, lead and zinc have been confirmed at the 4.6Mt...