REBOUND
23 articole · RSS
New Corporate Loans in Lei Rise 13% to RON2.9B in August
The summer months came with a rebound in corporate loans after lending plunged by annual rates of 20% to 30% in the spring due to the lockdown required by the COVID-19 pandemic.
Corporate Lending in Lei Rebounds in June
Banks in Romania granted 2.3 billion lei in new loans to companies in June 2020, more than in April and May, when lending fell due to the lockdown caused by the COVID-19 pandemic.
Consumer Lending in Lei Rebounds in June
The summer rekindled Romanians’ appetite for consumer loans, so new consumer loans in lei rose to 1.49 billion lei in June, higher than in April and May, when lending recorded a significant...
Simona Constantinescu, ANA Hotels: Rebound in Tourism Industry to Be Gradual, Take at Least a Year
Tourism companies will have to optimize working capital to the business volume that will be growing gradually, as well as properly decide on the size of their teams and costs, to be able to...
Romania’s Economy Showing Signs Of Rebound As Number Of Furloughed Employees Down By Almost 130,000
The number of contracts suspended, that is employees furloughed, has dropped by almost 130,000 since thy peak of April 9, to some 902,000 on April 16, Labor Ministry data show.
Terapia Cluj CEO Dragos Damian Doesn’t Expect Romania’s Economy To Rebound Soon After Crisis
Dragos Damian, CEO of Terapia Cluj, the largest pharmaceutical manufacturer in Romania, says the COVID-19 pandemic will have a major impact on the country’s economy.
Ten Sectors Working In Full Gear In Romania Amid Coronavirus Pandemic
Telecom watchdog ANCOM estimates traffic in the communications networks will surge by up to 50% over the coming period * Jean Valvis, the chairman of Valvis Holding: Sales are up 250% to 300...
RON13B Rebound of BET Companies Since `Black Wednesday’ Of December 19, 2018
Nuclearelectrica (SNN.RO), OMV Petrom (SNP.RO) and Banca Transilvania (TLV.RO) are the stocks part of the main Bucharest Stock Exchange index BET that saw the highest rise in prices between...
Romania’s Industry Power Consumption Up 18% in 2014
Romania’s industrial sector used 29 TWh of electricity last year, 18% more than in 2013 and also more than in 2008, when consumption reached 22.4 TWh. One reason for the increase is the move...