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Mega Image sales up 40%
Retail chain Mega Image, held by Belgian distribution group Delhaize Le Lion, saw its sales climb 40% in the first half this year, as compared with the year-ago period. "In the first part of...
Aro losses, up 40%
The lack of funding for the manufacturing programme and dwindling deliveries to the local and foreign markets have pushed carmaker Aro Campulung's losses up 40%, from 103.9 billion ROL (on J...
Romanian constructors team up with foreign companies
For years on end, Romanian constructions companies have been waiting for large projects. But there was no money. Now, money is coming, but it is European money. And since European constructo...
Winmarkt sales up 50%
Retail chain Winmarkt posted 81.3bn ROL (almost $2.5m) sales in the first half this year, up more than 50% as compared with the year-ago period, company officials said. Two distinct companie...
Eforie H1 turnover up 50%
Eforie company, which controls 11 hotels in the seaside resort Eforie Nord, logged 15.7bn ROL (some $500.000) turnover in the first half, up 49% from the year-ago period, when it posted 10.5...
Inflation heats up in mid summer
Halfway through the summer, the inflationary rate in July went beyond every expectation, increasing to 1.2%, which is one step away from this year's peak seen in January - 0.3%. All this eve...
Termoelectrica takes $200 million loan to stock up for winter
Termoelectrica SA, the leading electricity producer and the third-largest company in Romania will contract a $200 million loan in order to build the necessary fuel stocks for the winter of 2...
Romanian furniture market shrinks, productivity goes up
Furniture companies managed to hold on to their earnings by increasing productivity, although demand on the European markets has been shrinking. Productivity in the furniture sector increase...
Industrial output up 2.8% in H1
The industrial output went up 3.4% in absolute volume and 4.4% in comparable conditions in June, as compared to the previous month. It climbed 2.8% in the first six months of the year. The N...