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Analysis

ANEIR Sees Exports Up 20% On Year To EUR45B In 2011

Romanian exports are likely to increase 20% on the year to EUR45 billion in 2011, largely supported by higher exports of cars, telecom equipment and oil products, the national association of...

Florentina Dragu · 19.12.2011 · 19:03 · 1 min
Companies

Sortilemn Gherla To End 2011 With EUR30M Turnover

Romanian IKEA supplier Sortilemn said it will conclude this year with a turnover of EUR30 million, up 36% from EUR22 million in 2010.

Andrei Cîrchelan · 16.12.2011 · 00:00 · 1 min
Companies

Constructor CON-A Sees 2012 Sales At EUR55M, Up 19% On Year

Romanian construction firm CON-A, owned by businessman Mircea Bulboaca, expects sales to reach EUR55 million by the end of 2011, up 19% on the year.

Andrei Cîrchelan · 16.12.2011 · 00:00 · 1 min
Energy

Rominserv Sees Revenue Down To $200M In 2011

Rominserv Valves Iaifo Zalau, the general contractor of Romania’s second-largest oil group Rompetrol, estimates total revenue of $200 million in 2011, slightly down from $217 million a year...

Florentina Dragu · 15.12.2011 · 20:35 · 1 min
Transelectrica Cuts 2011 Pretax Profit Forecast To RON25M
Energy

Transelectrica Cuts 2011 Pretax Profit Forecast To RON25M

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates a pretax profit of 25 million lei (EUR5.75 million) in 2011, down from RON42 million previously predicted, the compan...

Florentina Dragu · 15.12.2011 · 19:30 · 1 min
Romanian Asesoft Distribution Sees 2011 Sales Up 24% At EUR180M
Technology &Telecoms

Romanian Asesoft Distribution Sees 2011 Sales Up 24% At EUR180M

Romanian electronics distributor Asesoft Distribution expects sales to reach EUR180 million this year, up 24% on 2010, the company's president Iulian Stanciu said Thursday.

Andrei Cîrchelan · 15.12.2011 · 15:05 · 1 min
Companies

FM Logistic Romania Eyes 10% Rise In 2011 Sales, To EUR22M

Romanian logistics firm FM Logistic expects 10% higher sales in 2011, to EUR22 million, from EUR20 million in the previous year, company general manager Catalin Olteanu said Thursday.

Andrei Cîrchelan · 15.12.2011 · 15:00 · 1 min
EIU: Romanian Economy To Grow 0.5% In 2012
Macroeconomics

EIU: Romanian Economy To Grow 0.5% In 2012

Romania’s economic growth will likely slow down to 0.5% in 2012, from 2% predicted for this year, due to new austerity measures and external pressures, the Economist Intelligence Unit said i...

Florentina Dragu · 14.12.2011 · 17:18 · 1 min
FAN Courier Eyes 10% Rise In 2011 Sales, To EUR49M
Companies

FAN Courier Eyes 10% Rise In 2011 Sales, To EUR49M

Romanian courier firm FAN Courier on Wednesday said it expects turnover to reach some EUR49 million this year, up 10.1% from EUR44.4 million in 2010.

Andrei Cîrchelan · 14.12.2011 · 12:30 · 1 min