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FORECAST

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Forecast Commission Sees GDP Growth of 5.5% in 2019, to RON1.03 Trillion
Macroeconomics

Forecast Commission Sees GDP Growth of 5.5% in 2019, to RON1.03 Trillion

Romania's economy is seen growing 5.5% this year, to a gross domestic product of RON1.03 trillion, according to the spring forecast release Tuesday by the National Forecast Commission.

Oana Gavrila · 07.05.2019 · 12:10 · 1 min
Bittnet Aims To Double Its Turnover In 2019, To Nearly RON130M, But Expects 30% Lower Net Profit
Companies

Bittnet Aims To Double Its Turnover In 2019, To Nearly RON130M, But Expects 30% Lower Net Profit

IT&C solution integrator and IT training services provider Bittnet Systems (BNET.RO) targets a turnover of RON130 million in 2019, more than double the level reported in 2018, and a net prof...

Ecaterina Craciun · 17.04.2019 · 22:10 · 1 min
BT: Romania’s Economy To Slow Down Growth Rate To 2.9% In 2019, To Accelerate To 3.3% In 2020
Macroeconomics

BT: Romania’s Economy To Slow Down Growth Rate To 2.9% In 2019, To Accelerate To 3.3% In 2020

The annual dynamics of Romania’s gross domestic product (GDP) will decelerate to 2.9% in 2019, from 4.1% in 2018, but is expected to accelerate to 3.3% in 2020 and to 3.7% in 2021, said Andr...

Ecaterina Craciun · 09.04.2019 · 12:40 · 1 min
Unicredit Bank: Annual Inflation Rate May Have Grown To 3.9% In March 2019, From 3.8% In Feb
Macroeconomics

Unicredit Bank: Annual Inflation Rate May Have Grown To 3.9% In March 2019, From 3.8% In Feb

Romania's annual inflation rate may have grown to 3.9% in March 2019, from 3.8% in February, reaching one of the three peaks expected in 2019, considering that the next two peaks are envisag...

Ecaterina Craciun · 08.04.2019 · 15:23 · 1 min
Banca Transilvania Expects Central Bank To Keep Key Rate Unchanged At 2.5% A Year
Banks-Insurance

Banca Transilvania Expects Central Bank To Keep Key Rate Unchanged At 2.5% A Year

Banca Transilvania analysts expect Romania’s central bank to keep its benchmark interest rate unchanged at 2.5% a year at this year’s third monetary policy meeting, held on Tuesday, April 2.

Ecaterina Craciun · 02.04.2019 · 11:47 · 1 min
Mercer Marsh Benefits Sees Romania’s GDP Growth At 3.4% In 2019
Macroeconomics

Mercer Marsh Benefits Sees Romania’s GDP Growth At 3.4% In 2019

Mercer Marsh Benefits, part of Marsh Romania, the largest insurance broker in Romania on the corporate segment, expects Romania’s economy to grow by 3.4% in 2019, lower by 2.1 percentage poi...

Ecaterina Craciun · 20.03.2019 · 13:39 · 1 min
OMV Petrom Expects Nearly 6% Lower Revenue, Of RON16.7B, In 2019
Companies

OMV Petrom Expects Nearly 6% Lower Revenue, Of RON16.7B, In 2019

OMV Petrom S.A. envisages revenue of RON16.7 billion in 2019, lower by nearly 6% compared with 2018, and a net profit of RON3.2 billion, compared with RON3.8 billion a year before.

Ecaterina Craciun · 15.03.2019 · 14:34 · 1 min
UniCredit Bank: Annual Inflation Rate May Have Grown To 3.5% In Feb After Stagnating At 3.3% In Jan
Macroeconomics

UniCredit Bank: Annual Inflation Rate May Have Grown To 3.5% In Feb After Stagnating At 3.3% In Jan

Romania's annual inflation rate may have grown to 3.5% in February, from 3.3% in January, and is likely to fluctuate within a range of 3 to 3.6% throughout 2019, according to UniCredit Bank...

Ecaterina Craciun · 11.03.2019 · 16:45 · 1 min
BT: Romania’s GDP Growth To Moderate Further In 2019, At 2.8%; May Accelerate To 3.3% In 2020
Macroeconomics

BT: Romania’s GDP Growth To Moderate Further In 2019, At 2.8%; May Accelerate To 3.3% In 2020

Romania’s economic growth will moderate further in 2019, at 2.8%, compared with 4.1% in 2018 and 7% in 2017, against the backdrop of the completion of the external post-crisis cycle, the cha...

Ecaterina Craciun · 07.03.2019 · 15:10 · 1 min