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Inflation goes up 1.03% in January
The inflation rate exceeded 1% in the first month of this year as natural gas and electricity prices went up, the National Statistics Institute (INS) announced. This trend made the annualise...
BCR Asigurari turnover up to 82m euros
BCR Asigurari, part of the Banca Comerciala Romana (Romanian Commercial Bank-BCR) financial group, last year logged turnover worth more than 82 million euros (297 million RON), 130% higher i...
Sales up 35% for Gedeon Richter
Gedeon Richter Romania posted 26 million-euro (31.2 million dollars) sales in Romania last year, higher than in 2004 when it posted 19.4 million euros, according to the unconsolidated result...
Raiffeisen ATMs wake up to RON
Seven months after the RON was put into circulation, Raiffeisen Bank adapted its first 19 cash dispensers in Bucharest to issue the new banknotes. The bank operates a network of over 780 ATM...
NBR reserve up 471.5m euros in January
NBR''s foreign currency reserve increased by 471.5 million euros in January. Total reserve (gold included) reached 18.8 billion euros. The amount is 6 billion euros higher as compared with t...
Rompetrol''s turnover up 45% to $2.3bn
Rompetrol Group posted 2.34 billion dollar turnover in 2005, an increase of 45% on the previous year, while the operating profit progressed by 62% to 164m dollars, a company release shows. R...
Hoffmann La Roche turnover up 30%
Pharmaceutical company Hoffmann La Roche estimates to have made 30% higher turnover last year, compared with 2004, when, according to Cegedim data, it achieved sales of some 62.9 million eur...
State to borrow up to 4.3bn euros
The state and its entities will be able to contract foreign credits amounting to a maximum 4.3 billion-euro limit this year, that is two billions more than in 2005, according to the foreign...
Demand drives BMW importer sales up 40%
Automobile Bavaria, the importer of the BMW, Mini, Rolls Royce and MAN brands on the Romanian market, sold 1,474 vehicles last year, approximately 40% more than in 2004. "We consolidated our...