consumer
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ZF Top Tranzactii 2019 Conference: Investors Are Looking for Technology and Consumer Goods
Romania’s mergers and acquisitions market continues to attract investor attention after a 2018 that saw the highest deal volume in a decade. The busiest sector will be the technology sector,...
Consumer Loans At 12-Year High In H1
Romanian consumers took out 10.8 billion lei (EUR2.32 billion) worth of leu loans in the first half, which is a 12-year high, Romania’s central bank data show. The new loans Romanians took o...
Romanians Made RON29B Deposits In Banks, Borrowed Only RON12B In 2017
Companies and consumers increased their savings in banks from 274 billion lei (EUR59 billion) at the end of 2016 to RON303 billion in 2017, while the loan volume was slower to rise, going fr...
GFK: Romanian Consumers More Optimistic, Ready To Make Larger Purchases
The economic expectations of Romanian consumers rose to 18.3 points at the end of the first quarter of 2017, which was as positive as they had last been in October 2015, according to GfK’s E...
Tinmar Energy Group Owner Aims For 3 Million Household Consumers
Augustin Oancea, the man behind the Tinmar energy group, wants it to have about 3 million household customers in five years, which is one third of the local market. Italy’s Enel, for instanc...
Sales Of New Loans To Consumers Higher Than Sales Of Corporate Loans
New loans for consumers beat new corporate loans in Romania for the first time ever. After having had to deal with corporate insolvencies in the range of billions of euros, banks prefer to w...
Consumer Loan Growth Rate Close To Pre-Crisis Levels
Consumer loans have gone up 15% to 34 billion lei (EUR7.53 billion) at the end of April, compared with the year-ago period, Romania’s central bank data show.
Tinmar Seeks International Expansion, Entry On Household Consumer Segment
Tinmar Ind, a company whose revenue could reach EUR700 million from electricity, natural gas and oil product trade in 2015, says one of the main avenues for development it will pursue this y...
Retail Leu Deposits Reached Lowest Level After 2008 In November
Individual customers made 6.4 billion lei (EUR1.41 billion) deposits with local banks in November, the lowest level of leu-denominated monthly savings since December 2008, Romania’s central...