FORECAST
587 articole · RSS
Tarom Aims To Cut Loss By 30%, Boost Turnover In 2013 - Chairman
Dan Pascariu, chairman of the Board at Romanian state-owned airline Tarom, said Wednesday the company’s target is to cut losses by 30% in the coming year and increase turnover.
Axa Will Continue Investments In Romania, But At A Slower Pace
Europe’s largest insurer Axa will continue investments in Romania, but at a slower pace because of worse than expected economic conditions, said Violeta Ciurel, chief executive of AXA Asigur...
EBRD Cuts Romania’s GDP Growth Forecast To 0.5% In 2012
The European Bank for Reconstruction and Development revised downwards its forecast on Romania’s economic growth to 0.5% in 2012, citing the eurozone crisis, the lower farming output and the...
Adrem Invest Buys Swiss Company And Eyes 37% Higher Revenue
Romanian engineering company Adrem Invest on Thursday said it expects a 37% increase in turnover to 171.7 million lei (EUR37.4 million) in 2012.
BRD Cuts Romania GDP Growth Forecast To 1.1% In 2012
Romanian lender BRD-Groupe Societe Generale (BRD.RO) Wednesday revised downward its forecast on the country’s economic growth to 1.1% in 2012, from 1.4% previously, citing prolonged uncertai...
Fourth Quarter Expectations Of Local Auto Companies
The year 2012 is a closed chapter for the companies in the Romanian auto industry, which have already accepted the almost 20% decline of the market and are focusing on what will happen next...
BCR Cuts Romania GDP Growth Forecast To 0.7% In 2012
Romanian top lender BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), Thursday cut its forecast on the country’s economic growth to 0.7% in 2012 from 1.2% previously, saying it expects a...
IMF Cuts Romania GDP Growth Forecast To 0.9% In 2012
The International Monetary Fund has revised down its forecast on the Romanian economy to 0.9% in 2012 from 1.5% previously, IMF mission chief Erik de Vrijer said Tuesday.
Transgaz Expects 6.4% Lower Profit In 2012
Romania’s state-run natural gas pipeline operator Transgaz Medias (TGN.RO) estimates its net profit will fall 6.4% to 355 million lei (EUR78.3 million) in 2012, from RON379.5 million in the...