BRD-Groupe Societe Generale’s net profit reaches 270m lei, after H1
The net profit of BRD-Groupe Societe Generale rose to 270 million lei in H1 2015 compared to 128 million lei in the same period of...
Category : ECONOMY
Retail trade turnover up by almost 5 pc in H1
The retail turnover increased 4.8 percent in H1 2015 from the same period of the year before, with sales of of food, beverages and tobacco,...
Eurostat: Romania, sixth in the European Union in terms of rises in the June 2015 industrial producer prices
Romania was sixth in the European Union in terms of rises in the June 2015 industrial producer prices on a monthly basis, while the same...
First month with VAT of 9 pc: Higher revenues against deflationary backdrop
This comes as a consequence of diminished tax evasion and the strengthening of the tax collection system’s capacity In July this year the National...
Electricity production up by 10.5 pc last year •Romania was a net exporter of energy
Electricity production stood at 64.863 TWh last year, approximately 10.5 per cent higher than the one registered in 2013. Romania was a net exporter of...
Gabriel Resources posts net losses of 4.6m dollars in Q2
Canadian company Gabriel Resources saw net losses of 4.6 million dollars in Q2 2015, or 0.01 dollars per share, MarketWatch reports. The cash reserves and...
IMF’s Schaechter, Tolosa: Fiscal Code as endorsed by Parliament would push deficit to 3pct of GDP
The Fiscal Code as approved by the Romanian Parliament would generate an increase of the budget deficit to 3pct of the Gross Domestic Product (GDP);...
Romanian branches receive over 568 million euros from parent banks in H1
The parent bank have capitalised their subsidiaries of Romania by 568.1 million euros in the first six months of this year, as compared to 104.46...
Finance Minister Eugen Teodorovici: Gov’t forced to consider Macroprudential Supervisory Committee’s recommendations
The National Macroprudential Supervisory Committee’s role is to issue recommendations that the Government is forced to take into consideration, but not necessarily to implement, Finance...
Traffic on the Danube restricted by drought
River traffic is restricted by the low level of the Danube downstream from Iron Gates II, at kilometre 863+358. River Traffic Authority sources stated the...
