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Romanian companies are more optimistic about economic recovery, and access to credit compared to four months ago, Deloitte Central Europe Business Sentiment Index shows.
Luxury car sales dropped 60%in the eleven months period through November this year to 4,474 cars, from 10,975 a year earlier. Luxury car makers reported 53-75% decline in sales at their core brands...
November has seen some 3.25 billion lei (€0.75 billion) in new assets flowing into asset management funds, 11% more than a month earlier. However, top five fund managers list remained...
Of the nine parent banks of the nine largest banks operating in Romania that have committed to maintain exposure to the country at March 2009 level, only three have kept capital levels at the ones...
The board of ArcelorMittal Galati steelmaker told trade union leaders that it was forced to keep employees’ pay frozen to 2008 level, after trade union’s repeated demand for 18% pay rise.
ING Bank analysts said that if the president was sworn into office and a new government was in place by the end of the month, the International Monetary Fund would restart loan talks with Romania...
International Air Transport Association (IATA) has revised its financial outlook for 2010 to $5.6 billion global net loss compared to $3.8 billion loss in its latter projection.
Although companies have implemented customer relationship strategy technologies, more than 50% of Romanian companies with more than 100 customers fail to efficiently use incoming orders and offer...
The National Bank of Romania has set a mid-point reference rate of 4.2513 lei/euro, up marginally from yesterday (0.04%) for the first time in two weeks, after a poor volatility in the morning.