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Central Bank Governor: Inflation Rate Expected To Cap Around 5% And Fall Afterwards
Romania’s central bank governor Mugur Isarescu on Wednesday said this year the inflation rate is expected to cap around 5% and fall subsequently, following the central bank's decision to lea...
Maxagro Expects EUR50M Revenue In 2018
Maxagro group of firms based in Gataia (Timis County) ended 2017 with a turnover of EUR40 million, up 33% on the year, due to rich crops, and expects revenue of EUR50 million in 2018, accord...
Unicredit Analysts Expect Central Bank To Raise Its Key Rate To 2.5% On April 4
Unicredit Bank analysts expect Romania’s central bank to raise its benchmark interest rate by 0.25 percentage points, to 2.5%, at its meeting on Wednesday, April 4, in an attempt to keep inf...
MedLife Aims To Double Net Profit In 2018, To RON21M
Private medical services provider MedLife (M.RO) envisages a consolidated net profit of RON21 million, double against the previous year, and a 12.7% higher turnover of RON719 million, accord...
OMV Petrom Eyes 7.5% Higher Net Profit, Of Nearly RON2.6B, In 2018
Romania's oil and gas company OMV Petrom (SNP.RO), controlled by Austria's OMV, targets a net profit of RON2.58 billion in 2018, up 7.5% from a year before.
Reynaers Aluminium Eyes 10% Higher Turnover In Romania In 2018
Belgian Reynaers Aluminium, developer of aluminum products for the building sector, expects a nearly 10% increase in turnover in Romania in 2018, after a 15% rise in 2017, to approximately E...
BT Chief Economist: Annual Dynamics Of Private Consumption May Decelerate Towards 5.3% In 2018
The private consumption will decelerate in the upcoming quarters, against the backdrop of dissipating the impact of measures included in the new Tax Code and re-balancing the economic policy...
CFA Romania Analysts See Leu Topping 4.7 Units Vs Euro, ROBOR At 2.95%, Inflation At 3.7% In 2018
The Chartered Financial Analysts Association – Romania (CFA Romania) expects the Romanian leu to exceed the threshold of 4.7 units per euro, the three-month ROBOR index to climb towards 3% a...
Central Bank Raises Inflation Forecast to 5% in 1H, 3.5% at Year-End
Romania's central bank has revised its inflation forecast upwards to 5% from 3.9% for the first two quarters of the year and to 3.5% for the end of the year, from a previous projection of 3....