March
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Bank employees, 3,600 RON net average income in March
Over the last few years the need for personnel has risen considerably, largely because of the rapid expansion of territorial networks. Although most players that invested to strengthen their territorial presence opted for small branches staffed by only 4-5 peo...
Population's overdue loans stabilise at 169m euros in March
Overdue bank loans accumulated by the population were slightly up in March, and almost reached 628 million RON (169 million euros), according to data from the NBR (National Bank of Romania),...
Lending up, savings down in March
Credit taken out by companies in the private sector sped up once again in March and increased by 3.3% after a slower increase in January and February. In parallel, the appetite for savings w...
Mandatory pension mergers, unattainable before March
No mergers or acquisitions can be sealed between mandatory pension companies or funds ahead of March 2008, when the pensions commission (CSSPP) will bring the specific secondary legislation...
Dacia sales rebound by 13% in March
Sales of the Automobile Dacia producer rebounded in March, increasing by 13% against the 38% decline witnessed in the first month of the year, as well as a 22.7% drop in February. Overall 20...
Flat prices up 4% in March
The average price of a three-room flat in Bucharest went up 4% in March, reaching 1,430 euros per square metre compared with 1,375 euros in February, according to an analysis conducted by ZF...
First Ikea store in Romania to be opened on March 21
The first Romanian store of the Swedish furniture retailer Ikea, located in the retail area of the Baneasa real estate project, will be opened on March 21, the company announced on Tuesday....
HVB Tiriac - UniCredit Romania merger project submitted for shareholder approval on March 9
The merger project of HVB Tiriac and UniCredit Romania will be submitted for the approval of the shareholders in a meeting to take place on March 9. The agenda includes the report drawn up b...
Net outflows by non-residents on capital market reach record high in March
Foreigners withdrew 30 million euros more in March than they put into accounts opened with brokers, so that net capital outflows reached a new record high. Capital inflows from non-residents...