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August 27, 2014

Non-government loans decline for third consecutive month
Aug 27, 2014

Non-government loans decline for third consecutive month.
Non-government loans continue their decline in Romania; the amount of household and corporate loans in July was smaller than in June, thus extending this trend to the third consecutive month. Nominal credit volumes expanded only in two months of 2014, National Bank of Romania (BNR, central (...)
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SEE ALSO IN ROMANIAN NEWSPAPERS

Leu Stable Vs Euro On Low Volumes Romania’s leu was stable against the euro in early session Friday, amid low traded volumes.

INS: Romania Unemployment Rate Down To 6.9% In September Romania's unemployment rate was down to 6.9% in September, from 7.1% in the previous month, seasonally adjusted data from the statistics institute INS showed Friday.

Romania's oil & gas royalty revenues reach EUR 130 mln in first half The Romanian state cashed in EUR 130 million worth of royalties, in the first half of this year, from oil & gas extracting companies. The value of royalties was 15% bigger compared to the same period of 2013, according to data from Romania’s mineral resources agency ANRM, quoted by (...)

Romanian Banca Carpatica returns to the red, shareholders to decide on strategic investor Romanian private bank Banca Comerciala Carpatica (BVB ticker: BCC) recorded EUR 4.9 million losses in the first nine months of this year due to higher provisions for non-performing loans (NPLs). In the first nine months of last year, Carpatica had a net profit of EUR 4.4 million. The bank’s (...)

How much do Romanians spend on online shopping? Some 40% of Romanian consumers expect to increase their online shopping spending, from the current average value of a shopping basket of RON 470 (some EUR 106). Electronic products will continue to dominate sales, while some of the popular items so far, such as clothes, computers, films and (...)

Press Review - October 31, 2014

Romanian businessman denies EADS' contract connection Romanian businessman Ion Tiriac has denied any connection with the contract the Romanian state has signed with EADS, adding that he never had any personal or business interest, directly or indirectly, and did not attend any activity, meeting or discussion on this topic, reports local Mediafax. (...)

 

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