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Romania

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Praktiker 1Q Sales In Romania Down 6.5% On Year, To EUR21.6M
Retail&Consumer

Praktiker 1Q Sales In Romania Down 6.5% On Year, To EUR21.6M

German do-it-yourself retail chain Praktiker Thursday said its net sales in Romania fell 6.5% to EUR21.6 million on the year in the first quarter of 2013, twice slower than the decline regis...

Ecaterina Craciun · 25.04.2013 · 13:15 · 1 min
Bank of Cyprus Romania Remains Closed For One More Day
Banks-Insurance

Bank of Cyprus Romania Remains Closed For One More Day

The Romanian subsidiary of Bank of Cyprus will remain closed for one more day, on April 25, the bank said Thursday.

Ioana Tudor · 25.04.2013 · 09:49 · 1 min
Bank of Cyprus Romania Remains Closed For Two More Days
Banks-Insurance

Bank of Cyprus Romania Remains Closed For Two More Days

The Romanian subsidiary of Bank of Cyprus will remain closed for two more days, on April 23 and 24, the bank said Tuesday.

Ioana Tudor · 23.04.2013 · 10:02 · 1 min
Romania On Track To Exit Excessive Deficit Procedure
Macroeconomics

Romania On Track To Exit Excessive Deficit Procedure

Romania has reduced its ESA95 budget deficit to 2.9% of the gross domestic product in 2012, from a gap of 5.6% a year earlier, which should allow it to exit the European Union’s excessive de...

Florentina Dragu · 22.04.2013 · 14:07 · 1 min
Romania-Russia Partnership In Gas Sector Could Be Affected By EU Regulations - Official
Energy

Romania-Russia Partnership In Gas Sector Could Be Affected By EU Regulations - Official

The partnership between Romania and Russia in the natural gas sector is working as it should, but things could get bumpy due to some problematic EU regulations, the head of Russian Federal A...

Florentina Dragu · 19.04.2013 · 15:50 · 1 min
Debenhams Lost GBP3.8M Following Closure Of Romanian Franchise Stores
Retail&Consumer

Debenhams Lost GBP3.8M Following Closure Of Romanian Franchise Stores

UK fashion retailer Debenhams lost GBP3.8 million (EUR4.4 million) following the closure of six Romanian franchise stores.

Ioana Tudor · 18.04.2013 · 19:20 · 1 min
Fitch Affirms Romania At BBB-, With Stable Outlook
Macroeconomics

Fitch Affirms Romania At BBB-, With Stable Outlook

Fitch Ratings Thursday affirmed Romania’s long-term foreign currency default rating at BBB-, with stable outlook, as a poor growth outlook and structural shortcomings hindered a potential up...

Florentina Dragu · 18.04.2013 · 17:29 · 2 min
SABMiller Beer Sales In Romania Up 24% In Past Fiscal Year
Retail&Consumer

SABMiller Beer Sales In Romania Up 24% In Past Fiscal Year

London-based brewer SABMiller, which owns Ursus Breweries in Romania, said Thursday its Romanian sales increased 24% in the past fiscal year, ended March.

Oana Gavrila · 18.04.2013 · 12:04 · 1 min
Romania New Car Registrations Drop Below EU Average In 1Q
Automotive

Romania New Car Registrations Drop Below EU Average In 1Q

New car registrations in Romania declined 11.3% in the first quarter of the year, to 12,387 units, a stronger decline that the EU market’s decline of 9.8%, to 2.99 million cars.

Oana Gavrila · 17.04.2013 · 10:10 · 1 min