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Foreign deficit hits record high
The current account deficit increased by one third last year, to a record 6.8 billion euros, which is equivalent to about 9% of the GDP, according to preliminary figures released by the Nati...
Dacia and Daewoo down, imports still high up
Car sales increased in the first month of this year to 17,300 units, 17% more than in the same period of last year, but the two main segments - imports and Romanian cars had a completely opp...
Consumer lending: how high can it go?
One thing is certain: Romanians are keen on borrowing. In just five years, the amount of loans taken out has doubled, reaching 20% of GDP. However, as compared with its neighbours, Romania r...
High number of car service centres boosts Novatech sales
High number of car service centres boosts Novatech sales
First-half car sales hit record high
First-half car sales hit record high
Consumer lending growth reaches eighteen-month high
Consumer lending in May saw the highest rate of growth for the last eighteen months, rising to a total of 105,139bn ROL (2.9bn euros), National Bank data show. In percentage terms, the rate...
Early automobile sales so high they prove analysts wrong
Early automobile sales so high they prove analysts wrong
Insurance market to reach one billion euros with potential still high
Insurance market to reach one billion euros with potential still high
High demand boosts turnover for Simcor Oradea
High demand boosts turnover for Simcor Oradea