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MOL reaches 125 filling stations after 150 million-euro investments
The latest filling station to open in Romania is located in Arad- a greenfield investment worth around 1 million euros. "MOL Romania's gross investments in the development of its filling station network (excluding land costs) revolve around 150m euros," stated...
Inflation reaches annual low in June
Monthly inflation in June hit 0.28%, the lowest level of the past year, which drove annual inflation to 8.61% and analysts believe that trend is in line with expectations, whilst the only pr...
NBFI market reaches 6.4bn euros
The market of non-bank financial institutions (NBFIs), which includes consumer finance and leasing companies, amounted to 23 billion RON (almost 6.4 billion euros) last year, according to th...
Eurozone inflation reaches all-time high at 4%
Annual inflation in the eurozone hit a record high of 4% in June heightening expectations that the European Central Bank (ECB) will increase its monetary policy rate, currently at the same l...
Foreign debt increases 40% in one year and reaches 61bn euros
Romania's overall foreign debt exceeded 61 billion euros at the end of March, up 40% on the first quarter of last year, reveals data from the NBR (National Bank of Romania). Since the beginn...
Azomures value more than doubles and reaches 50m euros
The shares of chemical fertilisers producer Azomures (AZO), based in Targu Mures, have become Stock Exchange stars, in the wake of an 140% increase since the end of April, amid an optimistic...
Murfatlar's business reaches 10m euros in Q1
Murfatlar, one of leading producers in the wine industry, posted turnover worth around 10 million euros in the first three months of this year, up around 20% on the same time last year. "The...
BCR ATM network reaches 580 units
The BCR's (Banca Comerciala Romana) cash dispenser network amounted to 1,530 units at the end of the first quarter, up 13% compared with the end of March 2007, while the number of Points of...
Dacia revenues up 24.5% to 7.2 billion RON, net profit reaches 442m RON
Carmaker Dacia's revenues went up by 24.5% last year, from 5.78 billion RON (1.63 billion euros) to 7.2 billion RON (2.15 billion euros), whilst the net profit of the carmaker increased by 1...