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Population's RON deposits up 52% in August
The population's savings registered strong growth in August, with deposits in RON posting the highest annualised growth rate of the last three years (52%) according to data reported by the N...
Effective rate up, nominal rate down
The central bank has increased the intervention rate on Monday, when it absorbed the banks' entire excess liquidity at a fixed interest rate of 7%, even though the monetary policy interest r...
Heineken sees sales up 36% in H1
The warm weather, consumers' rising purchasing power, and product portfolio expansion boosted Heineken Romania's turnover by 36% in the first half of this year. The company reported gross tu...
UAMT Oradea borrows up to 3.5m euros for investments
UAMT Oradea, a producer of car parts and accessories, plans to contract loans worth as much as 3.5 million euros for investments, the company announced. The loans will be guaranteed with ass...
Alfa Romeo sales up 6.8% in seven months
Alfa Romeo wants to gain a foothold on the segment of medium-class premium limos with the new Q-tronic automatic transmission specially designed to improve speed performance. Alfa sales in t...
Drought effects as seen by CNP: Economic growth down, inflation up
The forecast for this year's economic growth has been revised downwards from 6.5% to 6.1%, whilst the inflation rate estimate has been revised upwards from 4.2% to 4.5%, announced the Nation...
Concas Buzau revenues up to over 10m euros
Concas Buzau, a construction firm, in the first half of this year registered total revenues worth 35.12m RON (10.5m euros), 57.8% above the level registered during the same period in 2006, a...
Air traffic up by over 20% in H1
A rise in the number of flights and the emergence of new regular airlines has boosted the Romanian air travel industry by 21% in the first seven months of the year, to 213 million euros, acc...
Prima Pensie to set up voluntary pension fund
Prima Pensie, a private pension fund manager created by Slovenia's Prva group, will expand on the segment of voluntary pension management by the yearend, when it plans to launch a pension fu...