stagnation

Three-Month Money Market Rate Flat At 3.17%

The three-month money market interest rate used to calculate interests for consumer loans in lei continued to remain unchanged on Thursday, at 3.17% a year, for the third consecutive day, central bank data show.

OMV Petrom Hydrocarbon Production Flat On Year In 1Q/2017

The total hydrocarbon production of Romania's OMV Petrom (SNP.RO), majority owned by Austria's OMV, stagnated at 170,000 barrels of oil equivalent (boe) per day in the first quarter of 2017, the same level reached in the fourth quarter of 2016, according to preliminary data released by the company o