RISE
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Rise In Investments And Business Expansion Puts Pressure On Labor Market And Wages
The significant rise in investments indicating a leap towards the peak of the new economic cycle Romania is going through is putting pressure on the labor market in a way that is similar to...
Leu-Denominated Loans Reach New All Time High
Leu-denominated loans to consumers and companies peaked at almost 109 billion lei (EUR24.5 billion) at the end of October, an increase of about 17% on the year-ago period, largely because on...
Aeronautics Industry Companies Shares Up 75% In 2015
Higher sales and profit margins have driven the shares of the aeronautics industry companies up after several years of staying low.
New Leu-Denominated Consumer Loan Sales At Six-Year High In Jan-Sept
Banks sold 11 billion lei (EUR2.5 billion) in consumer loans in the first nine months, the highest level in the past six years. Sales of leu-denominated consumer loans were RON3 billion high...
Number Of People With Overdue Loans Reaches Two-Year High
The number of people who are more than 30 days behind on their payments on loans taken out from banks and non-bank financial institutions reached about 717,400 at the end of July, 9% higher...
Ursus: Beer Sales Rise On Tax Measures, Weather Conditions
The Romanian government tax measures and the favorable weather conditions increased the sales of Ursus Breweries in April to June, the first three months of the new fiscal year.
Betty Ice: Good Summer Start For Ice Cream Industry
The first month of the summer was better for the ice cream industry compared with the same time in 2014 because of the warmer weather and the cut of the VAT on foods from 24% to 9% as of Jun...
Some Soar, Some Plummet In Romania’s Energy Sector
Energy is one of the few sectors in Romania where companies can still post exponential growth or 'disappear' all of sudden after having grabbed hefty slices of the market. The people who are...
US Dollar Hits All-Time High Vs Leu, Makes Exporters To Non-EU Markets Happy
The US dollar has gained 22% in the past year and overshot the 4 lei-mark on Wednesday for the first time ever, bringing unexpected profits to those who kept their savings in dollars and to...