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Tazz by eMag Set to Double Turnover in 2022
HCL Online Advertising S.R.L, which operates Tazz by eMag business, in 2020 generated RON14.3 million turnover, up 872% on the year, with the delivery platform likely to see its turnover dou...
Number Of People with over EUR100,000 Deposits up to over 51,400 in Jan-Sep 2021
A number of 51,435 individuals had deposits of more than EUR100,000 euros or RON55.4 billion (about EUR11.3 billion) in all, at the end of the first nine months of 2021, the latest statistic...
Sameday Ends 2021 with 60% Rise in Revenue
Parcel delivery company Sameday, owned by eMag, ended last year with a 60% increase in revenues compared to the previous year, according to the data provided by the company, which did not sp...
PwC: Romania’s M&A Market in 2021 Tops 2020 Levels By Value And Volume
Romania’s M&A (mergers and acquisitions) market in 2021 grew in terms of both value and volume against the previous year, marked by the coronavirus pandemic, stated PwC representatives, addi...
Romania Sees Private Consumption Boom in 2021
Retail turnover, the most important private consumption indicator, in the first 10 months of 2021 rose in gross series by 11.1% against the year-earlier period, with this being the second be...
Central Bank: IRCC Index For New Loans To Be Granted In 1Q/2022 Climbs To 1.17%
The IRCC index, which is used by banks to calculate interest rates for new loans taken out starting the spring of 2019, has increased to 1.17% on Friday (December 31, 2021), from 1.08% previ...
Three-Month ROBOR Tops 3% Threshold On Last Day Of 2021
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, increased by 0.66% on the day t...
Bucharest Stock Exchange Ends 2021 with 33.2% Return
The Bucharest Stock Exchange ended 2021 with a 33.2% return, with BET main index for the first time crossing the psychological 13,000-point threshold toward the end of the year. Dividends in...
ROCA Investments Becomes Majority Stakeholder in Grain Trader RDF
ROCA Investments carried out a capital increase at RDF and became the majority stakeholder in the company, a major grain trader of Banat, founded by Florin Deznan.