16 August 2010

Romania's inflation rate was the highest in the European Union in July this year, compared to the same month of last year, going up from the third place in June. The country's inflation rate was of 7.1 percent, while the average inflation in the EU was of 2.1 percent. Romania's inflation rate was of 4.3 percent in June, while the average in the EU was of 1.9 percent then.

16 August 2010

Insurance company Ardaf posted a volume of gross subscribed premiums of EUR 33.2 million (RON 141.1 million) in the first half of the year, which was down 13.5 percent on the same period of last year. However, the company managed to post a profit of EUR 2.1 million (RON 9 million).

16 August 2010

The Romanian technical consumer goods market has slowed down its decrease in the second quarter of the year, with sales only 15 percent lower compared to the same period of last year, found a monitoring by GfK. However, the value of this market segment was slightly lower compared to the first quarter and the negative tendency could continue, if we take into account the VAT increase from July 1st.

16 August 2010

Romanian Railways (CFR) Calatori employees will enter a period of 60 days of technical unemployment, a period during which they will receive 75 percent of their basic salary, the company has announced. The measure will be applied to all of CFR Calatori's employees, 15,000 people, including management, who will take turns in staying at home for 60 days until the end of the year.

16 August 2010

Romania's inflation rate was the highest in the European Union in July this year, compared to the same month of last year, going up from the third place in June. The country's inflation rate was of 7.1 percent, while the average inflation in the EU was of 2.1 percent. Romania's inflation rate was of 4.3 percent in June, while the average in the EU was of 1.9 percent then.

16 August 2010

Insurance company Ardaf posted a volume of gross subscribed premiums of EUR 33.2 million (RON 141.1 million) in the first half of the year, which was down 13.5 percent on the same period of last year. However, the company managed to post a profit of EUR 2.1 million (RON 9 million).

16 August 2010

The Romanian technical consumer goods market has slowed down its decrease in the second quarter of the year, with sales only 15 percent lower compared to the same period of last year, found a monitoring by GfK. However, the value of this market segment was slightly lower compared to the first quarter and the negative tendency could continue, if we take into account the VAT increase from July 1st.

16 August 2010

Romanian Railways (CFR) Calatori employees will enter a period of 60 days of technical unemployment, a period during which they will receive 75 percent of their basic salary, the company has announced. The measure will be applied to all of CFR Calatori's employees, 15,000 people, including management, who will take turns in staying at home for 60 days until the end of the year.

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