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M&A Market At All-Time High, Everybody Is Thinking Of Selling
Romanian entrepreneurs are more and more willing to sell, taking advantage of Romania’s economic growth, which is a magnet to foreign companies and investment funds that have the money to bu...
Romania’s Banking System Posts Record Profit In 2017
Romania’s banking system posted about 5.6 billion lei (some EUR1.2 billion) net profit in 2017 and assets increased to a peak of RON427.4 billion (EUR94 billion), driven by the rise in lendi...
Fuel Retail Close To EUR10B Record High In 2017
Romanians bought 44.3 billion lei (some EUR9.6 billion) worth of gas and diesel from the 2,100 filling stations in the country in 2017. This is the highest spending ever, higher than the 200...
Vehicle Sales Reach EUR3B In 2017, Record High After 2008
The local auto market saw the highest sales volume after 2008 last year, higher than the 2009 level even, for the first time, despite the massive imports of used cars.
Romania Sees Highest Wine Production Growth Rate In Europe
Romania’s wine production is estimated at 5.3 million hectoliters this year, up 64% on 2016 and the highest in the last five years, data from the International Organization of Vine and Wine...
Unknown Company Posts Highest Loss Of 2016
A ranking of the heaviest losses among the companies in Romania in 2016 shows the name of a company with Cyprus—based shareholders and no employees on the top spot.
AFI Park Acquisition Beats Previous Record Of America House
At least seven deals worth more than EUR100 million have been signed on the Romanian real estate market in the past decade, and the two records were signed ten years away.
Banking System Sees Record Q1 Profit
Romania’s banking system posted record first quarter profit of more than 1.2 billion lei (EUR263 million), assets are at a decade high, while solvency reached a record level, and loan-to-dep...
Cupru Min Reports Record Annual Copper Output For 2016
Romanian copper producer Cupru Min Abrud, which exploits copper ore deposits at Rosia Poieni, home to 60% of Romania’s copper reserves, registered in 2016 the biggest annual copper output ev...