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Turism Felix Expects 2014 Earnings To Match Those Of 2012
Romanian hotel operator Turism Felix (TUFE.RO), controlled by regional investment fund SIF Transilvania (SIF3.RO), estimates a 3% growth in turnover this year and a 4% decline in gross profi...
Petrom Expected To Announce EUR1 Billion Profit On Wednesday
Romania’s largest company OMV Petrom (SNP.RO) is expected to reveal its 2013 financial results on Wednesday and analysts say that even in a worst-case scenario, its net profit could still ov...
Total Soft 2013 Turnover Up 2.3% to EUR27.1M
Romanian business software provider Total Soft registered consolidated turnover of EUR27.1 million in 2013, up 2.3% on the year, due to an increase in the number of users of ERP (enterprise...
Romanian Advertising Market Seen Up 1.9% In 2014 – Survey
The Romanian advertising market will see a 1.9% growth in 2014, as digital advertising will continue to gain ground, according to ZenithOptimedia forecasts.
Sameday Courier Expects 20% Higher Turnover In 2013
Courier firm Sameday Courier estimates a 20% year-on-year increase in turnover in 2013, at 5.5 million lei (EUR1.2 million), which is lower than the RON6.5 million level forecasted at the be...
Farmers See Romania’s Corn Production At 12 Mln Tons In 2013
Romania’s corn production this year is estimated at over 11.7 million tons, 2.4 times higher on the year.
Romania's Economy Grows 0.5% In First Quarter
Romania’s gross domestic product expanded 0.5% in the first quarter, after an increase of 0.4% in the previous three months, a flash estimate of the country’s statistics institute showed Wed...
Ropharma Expects 7.5% Higher Sales In 2013
Romanian pharmaceutical company Ropharma Brasov (RPH.RO) expects turnover of 445 million lei (about EUR103 million) in 2013, up 7.5% on the year, and net profit of RON10 million.
Luxury Lingerie Store La Perla Targets 8% Increase In Sales This Year
Luxury lingerie store La Perla targets an 8% increase in sales this year, from EUR280,000 in 2012, its first year on the Romanian market.