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Romanian Pharmaceutical Market Seen Up To 2% Higher In Value, Flat In Volume End-2013
Romania’s pharmaceutical market is expected to witness an increase of up to 2% in value and to stagnate in volume at the end of 2013, according to estimates by Dragos Damian, president of th...
Hidroelectrica To Post RON900M Profit In 2013 – Fmr Administrator
Romanian state-run hydropower generator is expected to post more than 900 million lei (EUR201 million) profit in 2013, equal to the company’s income for the past 11 years, said Remus Borza,...
Deloitte: Romania GDP Growth Seen Slowing To 2% Next Year
Romania’s economic growth will likely slow to around 2% in 2014, reflecting a weaker contribution from agriculture, consultancy firm Deloitte Consultanta estimated Wednesday.
Romgaz Releases Another Revised Draft Budget; Says First One Published By Accident
Romanian state-run natural gas producer Romgaz Medias (SNG.RO) Tuesday released a freshly revised revenue and expenditure draft budget for 2013, one week after accidentally publishing a wron...
Romgaz Cuts 2013 Profit, Revenue Estimates Amid Faltering Demand
Romanian state-run natural gas producer Romgaz Medias (SNG.RO) has revised down its full-year revenue and profit projections, due to weak market demand and lower gas prices, the company said...
Brassai, Ford: Romanian Auto Sales To Reach 320,000 Units In 2013
Romanian auto sales will reach 320,000 units in 2013, of which 70,000 new cars and 250,000 used cars, Zoltan Brassai, general manager of Ford Romania, said Thursday.
Kastamonu Romania Expects EUR120M Turnover In 2014
Kastamonu Romania (the former Prolemn) in Reghin (central Romania), controlled by Kastamonu Entegre, one of the leading wood processing companies in Turkey, estimates a 16% increase in turno...
EXCLUSIVE: Romania’s Budget Revenue Seen At 32.9% Of GDP In 2014
Romania budget revenue will account for only 32.9% of the gross domestic product in 2014, similar to this year’s level, while budget expenditure is seen down to 35.1% of the GDP.
EBRD Ups Romania GDP Growth Forecast To 2.4% In 2014
The European Bank for Reconstruction and Development Monday revised slightly its forecast on Romania’s economic growth to 2.4% in 2014, from 2.2% previously, but warned of continued growth c...