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Romania's 2012 Consolidated Budget: Revenue Seen At RON195B, Expenses At RON206B
Romania's 2012 general consolidated budget provides total revenue of 195.3 billion lei (EUR45 billion) and total expenses of RON206.5 billion, therefore a nominal deficit of RON11.2 billion,...
EU: Romania 2012 Deficit To Narrow To 3.7% Of GDP
The European Commission estimates Romanian budget deficit will narrow to 3.7% of the gross domestic product in 2012, from 4.9% of GDP predicted for this year, provided the government continu...
EC Cuts Romania 2012 GDP Growth Forecast On European Worries
The European Commission revised its forecast on Romanian economic growth to 2.1% in 2012 from 3.7% previously, citing worsening conditions in EU markets.
Ropharma’s Worst Case Scenario Sees 15% Rise In Sales For 2012
Businessman Mihai Miron, who controls medicine wholesaler Ropharma (RPH.RO), with an annual turnover of around RON400 million (around EUR92 million), says he is working with two budget versi...
First Tourism Forecasts For 2012: Top Agencies Expect 5% Sales Hike
Four of the largest travel agencies on the Romanian market, Happy Tour, Perfect Tour, Aerotravel, and Paralela 45 expect 2012 not to be a very “comfortable” year and are drawing up cautious...
Analysts Believe 2011 To Be Petrom’s Most Profitable Year Ever
Petrom (SNP.RO), the largest Romanian company, could post 780 million lei (EUR179.4 million) profit in the third quarter, analysts estimate.
Head Of Pepsico Romania: The Worst Of The Crisis Is Over
Levent Yuksel, the 46 year-old manager who has been running the PepsiCo business (beverages and chips) since spring, says from his point of view the worst of the Romanian crisis is over and...
EU Puts Romania Economic Growth At 2% In 2012
The European Commission estimates Romanian economy will grow by around 2% in 2012, the EU mission chief Istvan Szekely said Monday.
BNR Sees 2012 Economic Growth Above 2%
Romanian central bank’s inflation projections for 2012 are based on an economic growth slightly higher than 2%, governor Mugur Isarescu said Monday.