INCREASE
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Retail Sales Still Have 1.6% To Go To Match 2008 Level
Retail sales, the main indicator of consumer spending, may have grown by 8.9% in Romania in 2015 but they still need 1.6% more to be able to match the 2008 level, according to ZF’s calculati...
Resurgence In Domestic Demand Drove Romania’s Power Production Up In 2015
Romania’s power production went up by about 1.7% to 61.6 TWh last year, the highest level since 2003, European Network Of Transmission System Operators For Electricity (ENTSO-E) data show.
Lending To Agriculture Sector Sees Highest Growth Rate In 2015
Loans to the agricultural sector saw the fastest increase in January-November 2015, compared with the same time in 2014, 8%, while other sectors like industry and services saw only modest in...
Government Approves Pension Point Increase By 5% To RON871.7
Pensions will be raised by 5% in 2016, instead of 4.31% as previously calculated, therefore, the pension point will rise to RON871.7, from RON830.2 in 2015, as per an emergency ordinance app...
CEZ Increases Romanian Electricity Distribution Company Capital By EUR130M
Czech-held utilities group CEZ operated the highest capital increase in October, injecting about EUR130 million into CEZ Distributie, the heart of the group in Romania, which serves 1.4 mill...
Euroins To Increase Share Capital By RON400M By End-2016
Insurance company Euroins will increase its share capital by up to RON400 million, according to its financial recovery plan approved by Romania’s Financial Supervisory Authority (ASF).
Romania’s Operating Leasing Market Up 14% In January-September, To 53,600 Units
Romania's operating leasing market increased by 14% in January-September 2015, versus the year-earlier period, and by 9% against the beginning of 2015, to a total 53,600 units, after profile...
Teraplast Plans To Increase Share Capital Using 2014 Net Profit
Shareholders of Romanian plastic systems maker Teraplast Bistrita (TRP.RO) will make a decision early December as regards increasing the company’s share capital by incorporating reserves of...
Non-Residents’ Deposits In Local Banks Up In August
Local banks had about EUR5.3 billion in medium and long-term deposits made by foreign clients, mostly support from parent banks, at the end of August, an increase of EUR100 million on the pr...