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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....
Insurance companies experience changes at the top
Two changes have recently occurred in the management teams of life insurance companies AIG Romania and Omniasig Life. Mihai Lucanu, 31, manager of the Casualty and Financial Lines division o...
Amway to boost the weight of cosmetic products
Amway Romania Marketing, one of the top three local players on the direct sales market, will place more focus next year on cosmetic products and nutritional supplements, and less on househol...
Renault, the first import brand to sell over 30,000 cars
Renault sales will go beyond the 30,000-unit mark this year and will most likely reach a level of 32,000 sold units, a volume corresponding to an increase by almost 40% from last year's leve...
SGAM hopes to catch up at the last minute
SG Asset Management (SGAM), the asset management company, which is part of the French Societe Generale Group, expects net assets to increase by 30%, to 120 million RON in the last two months...
Investments generate profits in the steel industry sector
The upward trend of the results of steel plants is the outcome of heavy investments in retooling and expanding their production capacity, conducted by the companies' foreign shareholders. Ru...
Bucharest inhabitants: top savers in the country
The inhabitants of Bucharest were the top savers in the first nine months of the year, having made euro and RON-denominated deposits worth 29 billion euros, out of a total of 64.7 billion RO...
Hypermarket expansion most dynamic on the market
Modern retail has expanded to over 340 units within the past year, whist hypermarkets and discount stores boasted the most dynamic growth in the wake of investments worth almost half of bill...
Romania, last in the EU in terms of access to financial services
Romania ranks bottom in the European Union in terms of the population's access to financial services, with 23% of the total number of adult inhabitants having access to such services, accord...