MARKET
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Electroputere Almost Worthless On Stock Market
Electroputere Craiova (EPT.RO), once a flagship company of Romania’s industry, is now worth EUR0.6 million on the Bucharest Stock Exchange, 76 times less than upon its privatization to Al-Ar...
Romania's Heavy Truck Market Seen Up To 25% Higher In 2013
Companies operating the Romanian heavy truck market expect an increase in demand by the end of 2013, as transport firms will start to step up the fleet renewal process.
Romanian Insurance Market Rose 3.2% In 1H To RON4.3B
The Romanian general and life insurance market rose 3.2% in the first half of 2013 to 4.3 billion lei (EUR0.96 billion), while damages paid by insurers fell 1.2% to RON2.5 billion, according...
Sobolewski: Bucharest Bourse Should Seek To Become Second Largest Market In CEE
The Bucharest bourse should become a medium-sized market, similar to those in Budapest and Prague, in at most two years and the second largest stock market in the region after that in Warsaw...
Association: Encouraging Use Of Generic Drugs Might Help State, Patients Save EUR100M
The penetration rate of generic drugs in Romania is only 24%, compared to 55% in Poland, and local medicine producers estimate that encouraging the use of generic drugs would help the state...
Galli Gallo Goes Insolvent Weighed Down By EUR8M Debt
Galli Gallo, the largest turkey farmer and turkey meat processor in Romania, went insolvent at its own request amid difficulties on the poultry market and weighed down by debts.
Allview: Tablet Sales In 1H Almost As High As In Entire 2012
Tablet sales in Romania reached about 200,000 units in the first half of 2013, almost similar to the level registered last year.
Romanian Organic Food Producers Export Nearly Twice As Much As They Sell Locally
Romanian producers of organic foods export nearly twice as much as they sell on the local market, with annual exports being estimated at EUR200-EUR250 million, according to data provided by...
New Electric Car Model Available In Romania
The number of electric car models officially available for purchase in Romania has increased to five, with the introduction of the Ford Focus Electric, but only one electric car was sold on...