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Romanian overnight interest rates on the interbank market dropped to 1.71%-2.21% a year Thursday, amid liquidity surplus, reaching the lowest level since the global financial crisis
Car leasing company LeasePlan Romania registered turnover of EUR30.9 million in 2011, up 21% on the year, the company said in a press release Wednesday.
French retailer Carrefour posted sales of EUR1.184 billion in Romania last year, up 4.8% on the year, according to the group's financial report published Thursday.
Romanian new passenger car sales fell 11% to 94,624 units in 2011, from 106,328 units a year earlier, the Automotive Manufacturers and Importers Association, or APIA, said Monday.
The European Bank for Reconstruction and Development Tuesday revised downward its forecast for Romanian economic growth to 0.8% in 2012, from 1.1% previously, citing ripple effects
US Titan Machinery Inc., which runs equipment stores for farmers and builders, estimates will sell agricultural equipment worth over $10 million in Romania in 2012, president Peter
Romanian adjusted retail sales fell 3.3% in 2011 compared with the previous year, on lower sales in most sectors, the statistics institute INS said Thursday.
Romanian President Traian Basescu on Thursday reiterated Romania’s objective to join the euro area in 2015, adding that “it’s always good to have ambitious goals”.
Romania’s leu extended early gains versus the euro by midday Tuesday, amid higher volumes, and the central bank’s reference won 0.2% to 4.3498 units, from 4.3587 units a day earlier
Romania’s leu traded in ranges against the euro by midday Tuesday and the central bank’s reference weakened modestly to 4.3534 units, from 4.353 units a day earlier.
