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Euro trades at 4.9765 RON

The exchange rate of the national leu currency resulting from the quotations announced on Friday by the banks authorised to operate on the currency market is as follows: CURRENCY SYMBOL RON1 Euro EUR 4.97651 US dollar USD 4.70571 Swiss franc CHF 5.30121 British pound GBP...
Europe News

Antibiotice Iasi reports net profit of 87.9 million RON, up 15 pct, in first nine months

Romanian drug manufacturer Antibiotice Iasi recorded a net profit of 87.9 million RON in the first nine months of this year, up 15% compared to the same period last year, according to a company press release sent on Friday. In the first nine months of...
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Europe News

IMF to arrive in Bucharest on Nov 5 to analyze recent economic developments and update forecasts

A delegation of the International Monetary Fund (IMF), led by Jan Kees Martijn, will...
Europe News

EconMin Oprea: Some state-owned enterprises have paid their tax debts, moved to operating profit

Many state-owned enterprises have paid their tax debts and are already on operating at...
Europe News

Gov’t borrows almost RON 420 million on Monday off commercial banks

The Ministry of Finance (MF) on Monday borrowed RON 419.3 million off commercial banks...
Europe News

Competition Council authorises Public Power Corporation (PPC) takeovers

The Competition Council has authorised the transaction by which Dimosia Epicheirisi Ilektrismou A.E. (Public...
Europe News

INSCOP opinion poll: 65.7pct of Romanians would prefer an experienced, pro-Western president

More than 67% of Romanians would prefer the future president of the country to...
Europe News

Minister Oprea: Romania is positioned as a perfect logistic hub for Ukraine’s reconstruction

Romania is positioned as a perfect logistic hub for the reconstruction of Ukraine, being...
Europe News

PM Ciolacu: Gov’t did not issue negative opinion of military pensions

Prime minister Marcel Ciolacu said on Monday that the Government did not issue a...
Europe News

PM Ciolacu says no VAT increase

Prime Minister Marcel Ciolacu reiterated on Monday that the VAT will not increase, stressing...
Europe News

Gov’t debt reaches 876.288 billion lei or 52pct of GDP in July

Public administration debt (government debt) rose to 876.288 billion lei in July 2024 from...
Europe News

Managers expect construction and retail prices to rise in the coming months (INS)

Romanian managers estimate, for the period October - December 2024, a relative stability in...
Europe News

Bucharest stocks open lower

The Bucharest Stock Exchange (BVB) opened Monday's trading session lower on most indices, with...
Europe News

PM Ciolacu: Minimun wage set at 4,050 lei after talks with employers and trade unions

The government will approve this week the minimum wage to be enforced as of...
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Europe News

Euro trades at 4.9765 RON

The exchange rate of the national leu currency resulting from the quotations announced on...
Europe News

Antibiotice Iasi reports net profit of 87.9 million RON, up 15 pct, in first nine months

Romanian drug manufacturer Antibiotice Iasi recorded a net profit of 87.9 million RON in...
Europe News

Fondul Proprietatea, profit of 209.6 million RON in the first nine months

Fondul Proprietatea ended the first nine months of this year with a net profit...
Europe News

Bucharest Stock Exchange opens Friday’s session in the red on most indices

The Bucharest Stock Exchange (BVB) opened with declines on most indices on Friday, and...

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