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Ascendia Aims To Double Its Turnover Until 2018, After Its Listing On AeRO
Romanian eLearning company Ascendia, which was listed on the Bucharest Stock Exchange’s alternative trading system AeRO on Thursday, expects its turnover to double until 2018, to over EUR2 m...
Unicredit Bank: Romania’s GDP Growth To Accelerate To 4.1% In 2016, But It May Slow Down In 2017
Romania’s economic growth will accelerate to 4.1% in 2016, but is likely to slow down to 3.1% in 2017, due, among others, to the dependence on imports and a slowdown in exports generated by...
Rus Savitar Targets 20% Rise In Consolidated Turnover, To Over EUR51M, In 2016
Furniture manufacturer Rus Savitar – Casa Rusu targets a consolidated turnover of EUR51 million in 2016, up 20% from EUR43.7 million a year ago, on the backdrop of extending its store chain.
Teraplast Eyes 27% Higher Net Profit In 2016
Romanian plastic systems maker Teraplast Bistrita (TRP.RO) targets a 20% higher turnover, of RON473.2 million, and a 27% higher net profit in 2016.
Romania Central Bank Lowers Inflation Forecast to 0.6% This Year, 2.7% in 2017
Romania's central bank has revised down its inflation forecast for this year, to 0.6%, from a previous estimate of 1.4%, and to 2.7% in 2017, from a previous estimate of 3.4%.
InterContinental Bucuresti Expects RON4.4M Net Profit In 2016
Compania Hoteliera Intercontinental Bucuresti (RCHI.RO), the operator of Bucharest-based five-star Intercontinental Hotel, expects total revenue of RON48 million and a net profit of RON4.4 m...
Romania’s GDP Expected To Grow 4.2% In 2016 And 4.3% In 2017
Romania’s economy is expected to grow 4.2% in 2016 and 4.3% in 2017, and its budget deficit is seen reaching 2.95% of GDP in 2016 and 2.9% of GDP in 2017, according to the 2016 convergence p...
Il Passo Expects Turnover Of EUR700,000 In 2016
Footwear and leather accessories retailer Il Passo expects a turnover of EUR700,000 in 2016, almost double against the previous year, according to company officials.
New Holland: Romania Has Potential To Reach 4,000-5,000 Farm Machines Sold/Year
Romania has potential to reach 4,000-5,000 farm machines sold per year, from nearly 1,800 units sold currently, when the entire arable land will be used, said Marcelo Pedrazzini, business di...