First-half earnings before interest, taxes and one-time items, which Renault calls its operating margin, jumped 25 percent from a year earlier to 729 million euros, the carmaker said in a statement, due to stronger demand for Dacia brand and to spending cuts, Bloomberg estimates, Agerpres informs. For Renault, Europe’s third-largest carmaker, the deliveries in the first half advanced 4.7 percent to 1.37 million cars and light commercial vehicles. Dacia’s European sales surged 35 percent, lifted by the revamped Duster sport-utility vehicle and the Sandero hatchback, bloomberg.com informs, quoted by Agerpres. The Renault brand’s deliveries climbed 14 percent in its home region, helped by demand for the new Captur compact crossover. Sales outside Europe fell 8.9 percent. In the same time, Renault predicted a deepening contraction in Russian demand amid a slowdown in emerging markets’ growth. Renault fell the most in three weeks after Chief Financial Officer Dominique Thormann said industrywide car sales in Russia will probably drop 10 percent this year.
Romanian FM qualifies the attack in Mariupol as a test for the international community, says the EU’s firm response is needed
Four Romanian MEPs nominated for “The Parliament Magazine” annual awards, PM Ponta congratulates them
President Iohannis congratulates the Romanian-German Chamber of Commerce, hails Germany as Romania’s main trade partner
BNR warns: Conversion of the Swiss Franc credits at the historical rate would generate 5.7 billion lei in losses
1100 delegates expected at the first National Council of the new PNL to adopt merger criteria, political roadmap until 2017
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