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MOL Romania Eyes 15% Market Share By 2015
MOL Romania, the local unit of Hungary’s oil and gas group MOL, estimates its market share will grow to 15% by 2015, from a little over 12% in 2012, the company’s chief executive Kinga Darad...
EU Sees Romania’s Unemployment Rate At 6.9% In 2013, At 6.8% In 2014
The European Commission expects Romania’s unemployment rate to reach 6.9% in 2013 and 6.8% in 2014, according to the Commission's winter forecast report unveiled Friday.
EU Sees Romania Economy Growing 2.5% In 2014
The European Commission expects Romanian economic growth will accelerate to 2.5% in 2014 after a modest increase of 1.6% this year, mainly fueled by domestic demand.
Titan Sees Sales Up 32% to RON370M in Current Fiscal Year
Romanian bakery company Titan (MPN.RO) estimates its sales will reach 369.6 million lei (EUR84.2 million) in the current financial year, from RON279 million in the year ended in September 20...
Dedeman Sees 13% Growth, Expands Online
Do-it-yourself retail chain Dedeman posted 2.4 billion lei (EUR548 million) revenue in 2012, up 13% on the previous year and consolidated its market leader position.
BNR Sees Inflation Peaking Near 6% In 1H
Romania’s annual inflation is expected to accelerate up to 6% in the first half of 2013 before easing toward the 3.5% upper end of the central bank’s target range, governor Mugur Isarescu sa...
The Real Governing Program: When Inflated Expectations Clash With Reality
The revised fiscal-budgetary strategy for 2013-2015 can be considered a new governing program of the Ponta 2 Government and one closer to reality. Future policies will most likely be built a...
BCR: Romania 2013 GDP Growth Forecast Unchanged At 1.1%
Romanian leading bank BCR Thursday maintained its forecast on the country’s economic growth unchanged at 1.1% in 2013, but said that a better-than-expected harvest and good retail and servic...
Farmaceutica Remedia Expects 8% Higher Sales To RON260M In 2013
Romanian pharmaceuticals wholesaler Farmaceutica Remedia Deva (RMAH.RO) estimates full-year sales will rise 8% to 260 million lei (EUR58 million) in 2013, with the opening of eight new units...