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European Commission Revises Up Romania’s Wheat Production Estimate By 10%
Romania’s 2013 wheat production has been revised up in April by the European Commission to 5.8 million tons, a rise of almost 10% on the latest estimate made at the end of March.
Hervis Expects Two-Digit Growth Despite Slower Start In 2013
Sporting goods retailer Hervis expects a two-digit growth in Romania for 2013 despite a slower start of the year compared with 2012, general manager Catalin Pozdarie said.
Brick Maker Cemacon Zalau Sees Turnover Topping RON50M This Year
Romanian brick maker Cemacon (CEON.RO) said Friday it estimates its turnover will reach around 50 million lei (EUR1.1 million) this year, up more than 40% from RON34.5 million in 2012.
Insurers Moderately Optimistic, See Single-Digit Growth In 2013
The insurance industry could grow this year but do it at a slow pace, as few insurers see double-digit growth. Most of them, however, do expect growth to return to this market in 2013 after...
Brokers Reserved Regarding Bucharest Stock Market Evolution In 2013
Romanian brokers are reserved regarding the evolution of the Bucharest stock exchange next year, considering that many investors have exited the market, and believe that in the first half of...
Tablet Maker Visual Fan Sees Sales Climb 20% In 2012
Tablet computer and dual SIM phone producer Visual Fan Brasov targets to increase its sales by 20% in 2012, from 8.8 million lei (EUR1.9 million) last year, Lucian Peticila, the firm’s gener...
Omniasig Eyes Underwritten Premiums Of RON1.2B In 2012
Romanian insurer Omniasig (former BCR Asigurari) estimates it will underwrite insurance premiums of 1.2 billion lei (EUR269 million) in 2012, a volume similar to that in 2011, the company's...
Retailer Flanco Expects Tablet, Smartphone Sales To Increase Up To Ten Times In 2012
Romanian electronics retailer Flanco estimates its notebook sales will climb 20% this year, and tablet and smartphone sales will increase three to ten times due to their still low penetratio...
Romanian Insurer PAID's Portfolio Expected To Halve To 300,000 Policies By June 2012
The Romanian Pool of Insurance Against Natural Disasters (PAID) estimates it will administer around 300,000 mandatory home insurance policies by the middle of this year, down by half compare...