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Real Estate Market In Cluj-Napoca Expected To Top EUR1B In 2016
Real estate company Re/Max Grup de Lux expects the real estate market in north-western city of Cluj-Napoca will exceed the EUR1 billion mark in 2016.
Antibiotice Iasi 1Q Profit Up 18% To RON7.1M
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) reported a profit of RON7.1 million in January-March 2016, up 18% from the year-earlier period.
Autoliv Romania Overshoots RON3B Revenue Mark
Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of the Swedish Autoliv group, posted growth of 25% in revenue to more than 3 billion lei (EUR668 million) last ye...
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 this year’s government-guaranteed mortgage lending First Home program, in response to the re...
Leading Local Insurers’ Profits Up In 2015
The largest insurers in Romania posted higher annual profits in 2015, which means the overall loss of the market might drop this year, though a return to profit in 2016 is unlikely.
Bittnet Systems Posts 35% Higher Revenue One Year Since Listing
IT training services provider Bittnet Systems (BNET.RO), listed on the alternative trading system (AeRO) of the Bucharest Stock Exchange, saw a 35% increase in total revenue against the prev...
APIA: Romanian Auto Market Rose 11.4% In January-March 2016
Romania's auto market grew 11.4% in annual terms in January- March 2016, to 19,951 units, the Romanian Automotive Manufacturers and Importers Association (APIA) said Friday.
Synevo Labs 2015 Turnover Up 12% To RON150M
Synevo Romania, the local lab division of Swedish healthcare services provider Medicover, registered a 12% higher turnover in 2015, overshooting the RON150 million mark for the first time, a...
Hertz Lease Expects Romanian Leasing Market To Rise 13% In 2016
Hertz Lease wants to reach a fleet of 2,000 vehicles by the end of 2016, considering that it expects the Romanian operating leasing to grow 13% this year.