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OTP Asset Management Romania Saw 11.4% Increase In Number Of Investors
Throughout 2016, OTP Asset Management Romania has seen a 11.4% increase in the number of investors in managed funds and in managed assets, which exceeded RON620 million at the end of Novembe...
Romania’s E-commerce Rose Threefold In Last Five Years
Sales in Romania’s e-commerce rose to RON5.47 billion in 2015, from RON1.68 billion in 2011, on the backdrop of developing online commerce services ensured by over 5,300 companies, 2,600 mor...
2016 Guarantee Budget For First Home Program Raised By RON250M
The 2016 guarantee budget for the government-backed mortgage lending First Home program was raised by RON250 million, following requests from the banks registered in the program, according t...
Revenue Of Telecom Operator RCS&RDS Up 12% To EUR212M In 3Q/2016
Cable Communications Systems NV, the parent company of telecom operator RCS&RDS, the largest cable operator in Romania which also operates in Hungary, Italy and Spain, registered revenue of...
Mapei Romania Targets 14% Higher Sales In 2016
Mapei Romania, manufacturer of hydro-insulations and special adhesives, targets a turnover of over RON50 million at the end of 2016, higher by nearly RON7 million than in 2015, according to...
Top Five OTC Drugs In Romania See EUR74M Sales
The best-selling over the counter (OTC) drugs in Romania are Nurofen of Reckitt Benckiser, followed by Aspenter (Terapia Cluj), Parasinus (GlaxoSmithKline) and No-Spa (Sanofi), according to...
Romania May Triple Logistics Space Stock In A Few Years
The instability in Turkey and Ukraine can help Romania become a regional logistics power in the next few years, especially if the government backs development of road and rail infrastructure...
Schaeffler: Number Of Employees Could Go Up By 10% To 20% Over The Next Four Years
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, has reached 4,000 employees in this country and plans to boost the headcount of the plant in Cristian, Brasov County f...
Oil Terminal Shareholders OK Share Capital Hike
Shareholders of Romanian oil storage and shipment firm Oil Terminal (OIL.RO) approved the share capital increase by RON261 million, to RON319 million, the company said in a statement Tuesday...