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Sinteza Oradea And Lockheed Martin Drop NRRP-Funded Project For Battery Electrolyte Production
Chemical industry company Sinteza Oradea (STZ.RO), on May 20 announced withdrawal from the investment project to develop a new facility for the production and testing of electrolytes used in making industrial batteries, co-funded via the National Recovery and...
Three-Month ROBOR Hits Two-Year Low
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, dropped to 6.03%, reaching the...
Three-Month ROBOR Starts Week of August 29 Slightly Down to 7.95%
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, inched down to 7.95% a year on...
Three-Month ROBOR Drops to 7.96% on August 26
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, ends the week at 7.96%, after h...
Three-Month ROBOR Down to 4.7% on April 13
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, took a step back on Wednesday (...
Telecom And Automotive Component Plant Faist Oradea Revenue Down 9.5% To RON310M In 2019
Telekom infrastructure and automotive industry component supplier Faist Mekatronic, part of UK’s Faist group, posted about RON310.2 million (EUR65.5 million) revenue in 2019, about 9.5% less...
Romania Loses Over EUR100M Investment from Bosch
Germany’s Bosch group has dropped plans to build a washing machine plant in Simeria, Hunedoara County, which would have required a EUR110 million investment.
Quarterly Bank Taxation Fears Cause EUR1B Capitalization Drop on Bucharest Stock Exchange
Companies listed on the Bucharest Stock Exchange lost 4.3 billion lei (almost EUR1 billion) of their capitalization, which dropped to RON139 billion on Monday, as the plummeting banking stoc...
Prices Of Old Three-Room Apartments Down In Bucharest In February
The higher supply after winter holidays, the rise in ROBOR to more than 2% and the depreciation of the leu against to the euro are the reasons that halted the increase in old three-room apar...