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Liviu Andrei, Alliance Finance: Market Of Mortgage Loans In Lei On The Rise For Nearly Two Years
Banks-Insurance

Liviu Andrei, Alliance Finance: Market Of Mortgage Loans In Lei On The Rise For Nearly Two Years

The market of mortgage loans in lei has been on the rise for nearly two years and will further grow, all the more so as the value of an average loan increase by nearly 5-7% in 2016 and reach...

Ecaterina Craciun · 27.01.2017 · 15:09 · 1 min
Romanian Auto Market Up 17.8% In 2016, The Third Year Of Substantial Growth
Automotive

Romanian Auto Market Up 17.8% In 2016, The Third Year Of Substantial Growth

Romania's auto market grew 17.8% on the year in 2016, to over 142,000 units, and the volume of sales exceeded in 11 of the 12 months of the year the sales registered in the same months of th...

Ecaterina Craciun · 26.01.2017 · 15:30 · 2 min
eMAG Turnover In Romania Up 40% In 2016
Retail&Consumer

eMAG Turnover In Romania Up 40% In 2016

eMAG, the biggest online store on the local market, registered an increase of 40% in turnover in 2016 in Romania, said Iulian Stanciu, CEO of the group with operations on several markets in...

Ecaterina Craciun · 26.01.2017 · 13:07 · 1 min
Romania’s Operating Leasing Market Up 8% In 2016 To Over 60,000 Vehicles
Automotive

Romania’s Operating Leasing Market Up 8% In 2016 To Over 60,000 Vehicles

Romania’s operating leasing market ended 2016 with an increase of 8% compared with 2015, to over 60,000 vehicles.

Ecaterina Craciun · 19.01.2017 · 18:16 · 1 min
CEL.ro Posted 35% Higher Turnover And EUR53M Sales In 2016
Retail&Consumer

CEL.ro Posted 35% Higher Turnover And EUR53M Sales In 2016

CEL.ro, the online store administered by Corsar Online, on Monday said its turnover rose by 35% in 2016, its sales reached nearly EUR53 million and registered more orders than in 2015, accor...

Ecaterina Craciun · 16.01.2017 · 17:59 · 1 min
Romania To Raise Public Sector Wages By 20%, Artists' Wages By 50% As Of February 1, 2017
Social/Politics

Romania To Raise Public Sector Wages By 20%, Artists' Wages By 50% As Of February 1, 2017

The salaries of employees in the Romanian public sector will be raised by 20%, starting February 1, 2017, according to a draft ordinance.

Ecaterina Craciun · 06.01.2017 · 15:44 · 1 min
Romania To Raise Pension Point And Minimum Social Pension
Social/Politics

Romania To Raise Pension Point And Minimum Social Pension

The pension point will be raised by 9% to reach RON1,000, while the minimum social pension will be increased to RON520, according to a draft ordinance posted on Finance Ministry website.

Ecaterina Craciun · 06.01.2017 · 15:25 · 1 min
Romania May Raise Minimum Gross Wage To RON1,450/Month As Of February 1, 2017
Macroeconomics

Romania May Raise Minimum Gross Wage To RON1,450/Month As Of February 1, 2017

The minimum gross wage might be raised to RON1,450 per month, for a full working program of 166 hours, starting February 1, 2017, according to a draft government decision posted on Romania’s...

Ecaterina Craciun · 05.01.2017 · 18:56 · 1 min
Wizz Air Carried Over 5.5 Mln Passengers On Routes In Romania In 2016, Up 23% On Year
Automotive

Wizz Air Carried Over 5.5 Mln Passengers On Routes In Romania In 2016, Up 23% On Year

Low-cost airline Wizz Air on Thursday said it carried more than 5.5 million passengers on its routes in Romania in 2016, 23% more than in 2015.

Ecaterina Craciun · 05.01.2017 · 13:16 · 1 min