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Romania’s Beer Market Up 3.8% By Volume In 1H/2015
Romania’s beer market rose 3.8%, by volume, to 7.6 million hectolitres, in the first half of 2015, after two consecutive years of consumption decline, the country’s brewers association said...
Carpatica Asig Hikes Share Capital By RON2.5M, To RON24.3M
Carpatica Asig, controlled by businessman Ilie Carabulea and currently under financial recovery, on Monday said it increased its share capital by RON2.5 million, to RON24.3 million, through...
New Leu-Denominated Retail Loans Up 46% In July On Year-Ago Month
Individual customers took out 2.6 billion lei (EUR586 million) new leu-denominated loans in July, RON800 million more than in the year-ago month, while companies borrowed RON1.9 billion wort...
ALB: Romania’s Financial Leasing Market Up 16% To EUR769M In 1H/2015
The Romanian financial leasing market rose 16% on the year to EUR769 million in the first half of 2015, backed by the financing of vehicles, which saw an 18% increase, and by the financing o...
IAR Ghimbav 1H Profit Up 30-Fold To RON31.7M
Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) registered a pre-tax profit of RON31.7 million in the first half of 2015, compared to just RON1.6 million in...
New Car Registrations Reach Five-Year Monthly Peak
New car registrations rose by almost 25% to 8,630 units in June, according to the Driver License and Vehicle Registration Department (DRPCIV) data.
Cluj-Napoca Office Space Stock Goes Beyond 200,000 Sqm In 2015
Cluj-Napoca (NW Romania), one of the major cities of Romania other than Bucharest, will see its office space stock reach 229,000 square meters this year, an increase of 23% on 2014.
Loan To Deposit Ratio Reaches 93% In May
The loan to deposit ratio, one of the indicators of the lending potential of the banking system, reached 93% at the end of May, the highest this year, driven by the resurgence of loan sales...
IT Sector Salaries Up 17-Fold Since 2000
The high demand for workforce in the IT sector has led to a fast-paced increase in salaries over the last few years, taking the average monthly net income to more than 4,500 lei (EUR1,000),...