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Romania's Renewable Capacity Seen Growing 57% In 2015
Romania’s renewable power capacity is expected to increase 57.4% to some 7,000 megawatts in 2015, from 5,750 MW projected by the end of this year, according to estimates from the Energy Depa...
Romania Central Bank Cuts 2014 Inflation Forecast To 2.2%
Romania’s central bank Monday revised sharply down its inflation forecast to 2.2% this year from 3.3% previously, saying the inflation rate is expected to decelerate at a faster pace than in...
Garanti Bank Ups Romania 2014 GDP Growth Forecast To 2.9%
Garanti Bank Romania has revised upward its forecast on the country’s economic growth to 2.9% in 2014, from 2.6% previously, citing a better-than-expected performance during the first quarte...
AVI Compact Eyes 10% Higher Sales In 2014 Due To Rising Demand For Energy Efficiency Projects
AVI Compact, provider of integrated solutions of air conditioning and installations, expects its sales to rise 10% in 2014 due to growing demand for energy efficiency projects on the corpora...
World Bank Ups Romania Growth Outlook To 2.8% In 2014
The World Bank has revised upward its forecast on Romanian economic growth to 2.8% in 2014 and 3.2% in 2015, the bank said in its latest global economic prospects report.
Alro Sees 3.3% Higher Sales This Year, At $607.4M
Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, expects a 3.3% increase in its sales to $604.7 million this year, from $585.4 million a year earlier, according to th...
Nuclearelectrica 1Q Net Profit Falls 30% To RON101.8M
Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) on Wednesday said its net profit fell 30% on the year to 101.8 million lei (EUR22.9 million) in the first quarter, hurt by...
EBRD Ups Romania GDP Growth Forecast To 2.6% In 2014
The European Bank for Reconstruction and Development Wednesday revised slightly up its forecast on Romania’s economic growth to 2.6% in 2014, from 2.4% previously, but warned of growth const...
BNR Cuts 2014 Inflation Forecast To 3.3%
Romania’s central bank (BNR) Tuesday revised slightly down its inflation forecast to 3.3% this year from 3.5% previously and said inflationary pressures are expected to remain at moderate le...