climbs
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Generalcom turnover climbs 62% in H1
Generalcom Bucuresti, a company that deals in rental of real estate space, posted a 62% turnover increase in the first half of the year, to 7.31 million RON (2 million euros), from 4.51 million RON in the first six months of last year. Profit climbed over 5
British Airways: Romania climbs six places in Europe
"Last year, Romania ranked 14th in Europe, but the growth achieved this year has catapulted us into the top ten. In terms of growth rate, we have even left Poland behind," said Emil Delibash...
Raiffeisen's net profit climbs 78%, to 94m euros
Raiffeisen Bank, the third largest player in the system in terms of value of assets, posted a net profit worth 314.5 million RON (equivalent to 94.2 million euros) last year, up 68% in RON a...
Foreign currency reserve climbs to 25.5bn euros
The NBR announced a fresh increase in its foreign currency reserves, by 245 million euros in January, after an extremely turbulent month for the RON. The reserves climbed to a record 25.5 bi...
Euro climbs to 16-month high
The euro climbed to a 16-month high of 3.65 RON on the Bucharest market and was sustained by aggressive buying by foreign investors, who closed their positions on the local market. Sources f...
Bank ranking by assets: top three unchanged, Alpha Bank climbs to fourth
Alpha Bank is the new holder of the fourth position in the ranking of banks' assets at the end of September, after it climbed from eighth position in 2006. UniCredit Tiriac, which entered th...
Blue Air climbs towards 100m euros
Low cost airline Blue Air, held by businessman Nelu Iordache, registered turnover worth over 70 million euros in the first three quarters of the year, more than double against the same perio...
Porsche financial group's business climbs by 20%
Porsche Bank financial group granted funding worth 140 million euros for the acquisition of vehicles imported by Porsche Romania in the first six months of the year, an increase of 20% again...
Carpatair business climbs to 38.7m euros
Carpatair, the second largest airline operator on the Romanian market, saw a 27% turnover increase in the first half of this year, to 38.7 million euros. "As expected, the liberalisation of...