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Enel Sees RON503M Profit From Electricity Distribution In Romania
Italy’s utility Enel estimates its electricity distribution subsidiaries in Romania will post an aggregate net profit of 503 million lei (EUR116 million) in 2013, up 7.5% on the year.
CE Oltenia Expects 67% Jump In 2013 Profit
Romanian state-run energy holding Oltenia estimates its full-year profit will rise 67% to 151.2 million lei (EUR35 million) in 2013, from RON90.4 million predicted for last year.
Nuclearelectrica Expects Strong Profit Rise In 2013
Romanian state-owned power producer Nuclearelectrica Thursday said it expects a significant higher profit this year, helped by growing revenues and improved cost-control management.
EBRD Sees 2.2% GDP Growth In Romania In 2014
Romania’s economic growth is likely to accelerate to 2.2% in 2014, after an increase of 1.4% predicted this year, the European Bank for Reconstruction and Development said in a report Friday...
Isarescu: Romanian Economy Could Grow More Than Projected In 2013
A good farm output could boost Romanian economic growth above the central bank’s forecast of 1.5%-1.6% in 2013, the bank’s governor Mugur Isarescu said Wednesday.
BCR Ups Romania 2013 GDP Forecast To 1.8%
Romania’s largest bank BCR Wednesday revised upward its forecast on the country’s economic growth to 1.8% in 2013, from 1.1% previously, saying it expects higher contribution from agricultur...
Romania Central Bank Cuts 2013 Inflation Forecast To 3.2%
Romania’s central bank Wednesday revised downward its inflation forecast for 2013 to 3.2% from 3.5% previously, reflecting a lower inflationary impact of fuel and volatile prices.
EU Revises Down Romania’s 2014 GDP Growth Forecast To 2.2%
The European Commission revised down its forecast on Romania’s economic growth to 2.2% in 2014 from 2.5%.
Altur Slatina Expects Pretax Profit To Fall 47% In 2013
Romanian car parts maker Altur Slatina (ALT.RO) expects annual pretax profit to dive 47% to 2.86 million lei (EUR0.66 million), according to the company’s revenue and expenditure budget rele...