may
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Overdue individual loans double in May
Overdue loans accumulated by individual customers totalled 221 million RON (69 million euros) at the end of May, double the value registered at the same time last year, according to data cen...
Constructions boom may offset losses triggered by drought
This summer's drought could cost as much as 1% of GDP, but the losses could be compensated for by the boom witnessed in the constructions industry, believes the National Forecast Commission...
Drought may take agricultural insurance to 25m euros
The heavy losses they are faced with might make agricultural producers decide to insure a larger part of cultivated areas. This year's prolonged drought, which has caused farmers to lose ten...
SIF Muntenia assets up 11.2% in May
SIF Muntenia (Financial Investment Company Muntenia) saw the highest increase in assets out of the five financial investment companies on the market, with its net assets going up by 11.27%,...
Daily traded value on forex market, over 1bn euros in May
The Bucharest forex market has registered a new liquidity record high in May, with the value of cumulated transactions climbing to 26.9bn euros. The all-time high reached in May exceeds the...
Domestic carmakers' sales rebound in May
Car sales of domestic producers increased by 23% in May, to more than 14,600 units against the same time last year, after having posted an overall decrease of 14.3% during the January-April...
320% public rent hike drives inflation up in May
Public housing rent increased by 320% in May, as a result of a government decision, whilst contributing to around two thirds of this month's inflationary rate, according to data published ye...
NBR reserves resume growth in May
The foreign currency reserve of the National Bank of Romania (NBR) started to rise again in May, after three consecutive months spent in decline. In May the reserves saw a 525.5 million-euro...
Ten non-bank financial institutions registered by the NBR in May
The NBR (National Bank of Romania) has so far registered 118 non-bank financial institutions in the General Register, from a total of 266 companies that submitted the necessary papers. The f...