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Romania

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VIG Underwrote Gross Premiums Of EUR445.7M In Romania In 2015, Up 25% On Year
Banks-Insurance

VIG Underwrote Gross Premiums Of EUR445.7M In Romania In 2015, Up 25% On Year

Austria’s Vienna Insurance Group (VIG) registered underwritten gross premiums of EUR445.7 million in Romania in 2015, up 25.4% from EUR355.5 million in 2014.

Ecaterina Craciun · 26.01.2016 · 11:15 · 1 min
Fitch Affirms Romania At 'BBB', Outlook Stable
Banks-Insurance

Fitch Affirms Romania At 'BBB', Outlook Stable

Fitch Ratings has affirmed Romania's long-term foreign and local currency Issuer Default Ratings (IDR) at 'BBB-' and 'BBB', respectively, with stable outlooks.

Ecaterina Craciun · 24.01.2016 · 13:22 · 4 min
SABMiller Revenue In Romania Up 25% In Third Fiscal Quarter Of 2015
Retail&Consumer

SABMiller Revenue In Romania Up 25% In Third Fiscal Quarter Of 2015

London-headquartered brewer SABMiller on Thursday said its revenue in Romania rose 25% in the third quarter ended December 31, with beer volumes up 20% as a result of double digit growth on...

Gabriela Stan · 21.01.2016 · 12:34 · 1 min
U.S. Ambassador Aims To Promote American Companies’ Investments In Romania
Companies

U.S. Ambassador Aims To Promote American Companies’ Investments In Romania

United States Ambassador to Romania, Hans Klemm, said Wednesday in Suceava (northern Romania) that his priorities will be to promote prosperity between the two countries, the commerce and th...

Ecaterina Craciun · 20.01.2016 · 18:00 · 1 min
Miele Romania 2015 Sales Soared 64% To EUR3.5M
Retail&Consumer

Miele Romania 2015 Sales Soared 64% To EUR3.5M

German premium home appliances maker Miele on Wednesday said its sales in Romania soared 64% on the year in 2015.

Ecaterina Craciun · 20.01.2016 · 17:16 · 1 min
Over 70% Of Vehicles In Romania Are Older Than Nine Years
Automotive

Over 70% Of Vehicles In Romania Are Older Than Nine Years

Nearly 73% of vehicles in Romania registered on December 31, 2015 were older than nine years, according to data released by the Driver’s License and Vehicle Registration Department (DRPCIV).

Ecaterina Craciun · 19.01.2016 · 19:25 · 1 min
ACEA: New Car Registrations In Romania Up 15.7% In 2015; Dacia Sales In EU Up 5%
Automotive

ACEA: New Car Registrations In Romania Up 15.7% In 2015; Dacia Sales In EU Up 5%

New car registrations in Romania rose 15.7% to 81,162 units in 2015, from 64,577 units in the year-earlier period, while sales of Romanian Dacia cars in the EU grew 5% to 377,165 units, secu...

Ecaterina Craciun · 15.01.2016 · 13:36 · 1 min
Erste: Romania Inflation Could Accelerate To 1% In Late 2016
Macroeconomics

Erste: Romania Inflation Could Accelerate To 1% In Late 2016

Romania’s inflation could stay on negative territory until May, following a renewed cut in VAT, but a trend reversal is expected and price growth is seen accelerating to 1% in late 2016, onc...

Gabriela Stan · 13.01.2016 · 15:37 · 1 min
New IMF Mission Head For Romania, Reza Baqir, To Visit Bucharest January 12-15
Social/Politics

New IMF Mission Head For Romania, Reza Baqir, To Visit Bucharest January 12-15

Reza Baqir, the new chief of the International Monetary Fund (IMF) mission for Romania, will visit capital city Bucharest, between January 12 and 15, to be introduced to Romanian authorities...

Ecaterina Craciun · 11.01.2016 · 11:17 · 1 min