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Radu Timis, Cris-Tim: Romanian Consumers Pay Less Attention To Price, Choose Premium Products
The first half ended with growth of about 14% to 15% in revenue for Cris-Tim meat and dairy group, its owner Radu Timis says, but the rise in the price of raw material and investment made at...
Transport Minister Says Sibiu-Pitesti Highway Costs More Due to Expropriations
Romanian transport minister Razvan Cuc explained Friday the total cost to build the 123 km highway linking Sibiu to Pitesti is EUR2.6 billion plus VAT, higher than in the transport master pl...
Romania, Invisible On Wine Export Map
Romania is regarded as maker of cheap wine on the international market, so it is difficult for the country to create a name for a premium wine. Moreover, rising domestic demand leads winemak...
Romanian-Made Apparel Retail Price Three To Four Times Higher Than Ex-Works Price
Apparel made in plants in Moldavia and in the poor counties of Romania goes to the warehouses of the major retailers in Western Europe and returns to their stores in Romania.
Banks In Romania Sold NPLs At 9% And 12% Of Nominal Value In 2016
Local banks sold non-performing corporate loans at an average price of 9% of the nominal value of the loan, while the average price of retail loans was 12%, first deputy governor of Romania’...
Nuclearelectrica Shares Hit Highest Price In Last 18 Months
The shares of Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) traded at RON7.09 on Tuesday morning, up 1.4% compared with the previous session, reaching the highest pri...
Study: Romania House Price Index Up 7.8% In 4Q 2016
Romania house price index rose 7.8% in the fourth quarter of 2016, compared with the year-earlier period, according to Knight Frank Global House Index study.
Oil Terminal, Turbomecanica See Highest Rises On Stock Exchange So Far This Year
The shares of 47 companies of the 86 in the main section of the Bucharest Stock Exchange have seen rises since the beginning of the year and 21 of them even posted double digit growth, drivi...
Imobiliare.ro: Apartment Prices In Romania Rose 1.5% In February
Average prices of apartments put up for sale across Romania rose 1.5% on the month in February, to EUR1,080 per sqm, and also increased 6.4% compared with EUR1,015 per sqm in February 2016,...