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Vinterra exports down 10%
Vinterra exports down 10%
Turbomecanica profits down 16% in H1
Turbomecanica profits down 16% in H1
Bonjour operator in melt down
Bonjour, one of Bucharest''s best known pastry and fast-food brands, is likely to disappear from the market after Eurica Services SRL, the company that runs the Bonjour restaurants, began cl...
Imports outstrip exports hands down
The sky is the limit. This seems to be the direction in which imports are heading. Five months into the year the trade deficit has already exceeded 3.2bn euros, which is almost 1bn euros hig...
Rates for ROL loans down to less than 10%
Volksbank yesterday slashed interests for ROL-denominated loans to 9.5% per year, down 5.5 percentage points. The new level is applied to both real estate loans and consumer loans, with vari...
Milk overproduction forces prices down
The prices paid by milk industry players to collect milk from producers have fallen sharply over the last four weeks, by as much 20%. Some blame overproduction, while others say the decline...
Inflation down to 0.3% in May
The rate of inflation fell to 0.3% in May from a level of 1.8% in April, however it maintained an annualised rate of 10%, according to the data from the National Statistics Institute. The pe...
Alro profits down by almost 75%
Primary aluminium maker Alro Slatina saw its profits plunge by nearly 75% during the first quarter as a result of increased costs for raw materials and sales that remained at the same level...
Turnover up, profits down for Eforie
Turnover up, profits down for Eforie