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Cuprom: financial losses 11 months out of 12
Cuprom Romania, one of the leading regional players in the copper industry, posted a 380 million-dollar (277 million-euro) turnover in 2007, up by around 84% against last year, according to...
Foreign investments amount to 6.6bn euros after 11 months
The value of foreign investments declined in the first 11 months of last year by around 20% on 2006, to 6.6 billion euros, according to a statement made on Tuesday in Vienna by Eugen Dijmare...
Leasing market, over 3.3bn euros in 9 months
The companies belonging to the two professional associations in the sector, ALB and ASLR, which control almost 97% of the market, had released financing worth almost 3.19 billion euros by la...
Mandatory private pensions: almost 3 million clients in three months
More than 2.93 million employees under 45 years of age have already chosen a fund for their mandatory private pension (pillar II) in the first three months since joining one has become possi...
Fornetti, 26m-euro sales in 10 months
Fornetti Romania, based in Timisoara and one of the main producers of frozen pastries, generated 30% higher turnover in the first 10 months of this year against the same period last year, to...
Volume of credits granted by TBI double after 9 months
The volume of credits granted by TBI Credit, a member of the financial services group TBI, reached 90 million euros at the end of September, up 125% against the same time last year. "There w...
Porsche Leasing: 8.4m-euro profit after 9 months
Porsche Leasing, the captive company of the car importer Porsche, closed the first nine months of this year with profit worth over 8.4 million euros, up 33% against the same time last year....
Top 10 leasing firms after first 9 months
More than half of the top ten companies that operate on the leasing market generated turnover increases of 30% within the first nine months of the year, higher than the growth rate forecast...
Analysts expect RON to drop over the coming months
The euro exchange rate has stabilised at around 3.6 RON, but analysts believe the RON is more likely to depreciate within the next few months, rather than recover the ground lost in autumn....