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Energy Holding CE Hunedoara Expects 80% Lower Loss, Of RON169M, In 2017
The Romanian government has adopted the 2017 budget of revenue and expenditure of state-run energy holding Complexul Energetic Hunedoara, expecting 80% lower loss, of RON169 million, compare...
BT: Romania’s GDP Growth Rate Expected To Slow Down In Second Half Of 2017
The evolution of Romania’s economy in the second quarter of 2017, corroborated with the acceleration of inflation and the deterioration of macroeconomic balances are factors pointing to a hi...
Romania Central Bank Revises Inflation Forecast to 1.9% in 2017 from 1.6%
Romania's central bank has revised upwards its inflation forecast for the end of 2017, which it now sees at 1.9% from a previous forecast of 1.6%, central bank governor Mugur Isarescu told a...
C&W Echinox: Romania’s Industrial & Logistics Space Stock Expected To Reach 3 Mln Sqm By End-2017
Romania’s industrial and logistics space stock currently stands at 2.65 million square meters and is expected to reach 3 million sqm by the end of 2017, according to a report by Cushman & Wa...
BT: Euro/Leu Exchange Rate To Keep Growth Trend On Short And Medium Term; Inflation To Accelerate To 1.2% In 2017
The average euro/leu exchange rate will keep the growth trend on the short and medium term and could reach an average 4.56 to the euro in 2017, 4.58 versus euro in 2018 and 4.60 against the...
Pharmalink Targets Over EUR1M Turnover In 2017
Pharmalink, a company established four years ago by four managers with experience in the pharma sector and specialized in medical promotion services, targets a turnover of over EUR1 million...
TeraSteel Targets 23% Higher Turnover In 2017
TeraSteel, part of Teraplast Group, the biggest PVC processor in Romania and of the leading manufacturers of materials for the constructions and installations market, expects an increase of...
ARMO: E-Commerce In Romania Expected To Top EUR2.5B In 2017 And To Double By 2020
Romania’s e-commerce is expected to exceed EUR2.5 billion in 2017 and has potential to double by value until 2020, according to estimates by the Association of Romanian Online Stores (ARMO).
Kingston Romania: Local Gaming Peripherals Market Expected To Top EUR11M In 2017
Romania’s gaming peripheral device market is expected to grow by 12-15%, to over EUR11 million, in 2017, according to Gabriel Gidea, country manager for Romania of Kingston, the world’s larg...