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Energy Regulator Head: Natural Gas Prices May Rise By Up To 10% As Of April 2017
Energy

Energy Regulator Head: Natural Gas Prices May Rise By Up To 10% As Of April 2017

Natural gas prices could be raised by up to 10% starting April 2017, Niculae Havrilet, the head of Romania’s energy watchdog ANRE, said on Wednesday.

Ecaterina Craciun · 15.02.2017 · 14:48 · 1 min
BRD Groupe Société Générale Posted 63% Higher Profit In 2016, Of RON763M
Banks-Insurance

BRD Groupe Société Générale Posted 63% Higher Profit In 2016, Of RON763M

Romanian second largest lender BRD-Groupe Societe Generale (BRD.RO) on Thursday reported a profit of RON763 million for 2016, up 63% on the year.

Ecaterina Craciun · 09.02.2017 · 12:32 · 1 min
Cemacon Cluj 2016 Turnover Up 28% To RON87M
Companies

Cemacon Cluj 2016 Turnover Up 28% To RON87M

Romanian brick maker Cemacon Cluj (CEON.RO) ended 2016 with a turnover of RON86.8 million, up 28% from 2015, according to the company’s preliminary results published on the website of the Bu...

Ecaterina Craciun · 06.02.2017 · 13:29 · 1 min
Retail&Consumer

Increase Of Consumption Boosts Appetite For Business: Number Of Firms In Trade Sector Up 7% In 2016

The retail and wholesale trade, Romania’s biggest „industry” with an annual turnover of nearly RON450 billion (EUR100 billion), registered more than 31,500 new companies in 2016, some 7% mor...

Ecaterina Craciun · 03.02.2017 · 15:25 · 1 min
Agricola Bacau Group Posted RON677M Turnover In 2016
Retail&Consumer

Agricola Bacau Group Posted RON677M Turnover In 2016

Agricola International Bacau, one of the biggest poultry meat processors, saw an increase of nearly 6% in turnover on the year in 2016, to RON386.7 million.

Ecaterina Craciun · 02.02.2017 · 13:27 · 1 min
Eximtur Turnover Up 14% On Year In 2016, To EUR47M
Retail&Consumer

Eximtur Turnover Up 14% On Year In 2016, To EUR47M

Eximtur, specialized in business travel, event planning and leisure travel, registered sales of EUR47 million in 2016, up 14% compared with 2015, and expects an increase in sales volume of a...

Ecaterina Craciun · 30.01.2017 · 13:58 · 1 min
Health Ministry’s 2017 Budget Provides More Money For Medicines And Disinfectants
Health

Health Ministry’s 2017 Budget Provides More Money For Medicines And Disinfectants

The 2017 budget of Romania’s Health Ministry will be raised by 16.6% to RON7.871 billion, compared with RON6.751 billion in 2016, according to a draft budget posted Friday on the Finance Min...

Ecaterina Craciun · 29.01.2017 · 14:39 · 1 min
Agriculture Ministry’s 2017 Budget Raised By 84% To RON17.383B
Social/Politics

Agriculture Ministry’s 2017 Budget Raised By 84% To RON17.383B

The 2017 budget of Romania’s Agriculture Ministry will be raised by 83.88%, to RON17.383 billion, from RON9.453 billion in 2016, according to a draft budget posted Friday on the Finance Mini...

Ecaterina Craciun · 29.01.2017 · 13:41 · 1 min
eMAG Registered 50% More Orders On Year In December 2016
Retail&Consumer

eMAG Registered 50% More Orders On Year In December 2016

Online retailer eMAG registered 50% more orders in December 2016, compared with the same period a year ago, and January also saw an upward trend, in the context of sales campaigns, according...

Ecaterina Craciun · 29.01.2017 · 13:18 · 1 min