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Raiffeisen’s Investment Loans To Medium-Sized Companies In Romania Up Over 30% In 1H
Investment loans newly granted by Raiffeisen Bank to medium-sized companies in Romania in the first six months of 2016 rose over 30% compared with the same period a year ago.
Romania’s Factoring Market Up 15.5% In 1H, To EUR1.75B
Romania’s factoring market rose 15.5% on the year in January-June 2016, to EUR1.75 billion, and domestic factoring saw the highest year-on-year growth, of 20%, to nearly EUR1.35 billion, acc...
Dolo Trans Olimp Boosts Fleet To Over 250 Trucks To Compete With Larger Rivals
Road carrier Dolo Trans Olimp, of entrepreneur Cristian Dolofan, has become the largest corporate customer of Mercedes-Benz trucks and will boost its fleet to more than 250 trucks in the nex...
Romania May Boost Guarantee Ceiling For First Home Program By RON500M
Romania’s Finance Ministry has proposed supplementing by RON500 million the guarantee ceiling for the government-guaranteed mortgage lending First Home program.
APIA: Romanian Auto Market Rose 16% In January-August 2016
Romania's auto market grew 16% in annual terms in January-August 2016, in the context in which vehicle sales saw an increase of 14.8% to 70,606 units, and industry representatives kept the 1...
Credit Agricole Romania Raises Down Payment On Mortgage Loans
Credit Agricole Romania, a small-sized player on the local banking system, has decided to raise the down payment on mortgage loans to 25% from 20% at the beginning of September, the bank ann...
Romania’s Bicycle Production Doubled In 2009-2015
Romania manufactured about 900,000 bicycles last year and climbed to fifth place among the manufacturers in the EU after having doubled production in 2009-2015. It is also among the largest...
Agricover Credit 1H Net Profit Surges 42% To RON14.6M
Agricover Credit IFN, the lending division of Agricover group, registered a net profit of RON14.6 million in the first half of 2016, up 42% compared with the same period a year ago.
200,000 Jobs Added To Romania’s Economy In January-March
The number of employees in Romania went up by about 200,000 in the first quarter on the year-ago period, so the total number of employees reached 5.4 million people, according to Labor Minis...