FORECAST
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Cement Producers Pin Their Hopes On 2012
Romanian cement market will stand at around half a billion euros this year as forecasts point to stagnation or a very frail increase, says Mihai Rohan, president of cement industry associati...
Drug Wholesaler Tamisa Trading Sees ’11 Sales Up 30% To RON48M
Drug wholesaler Tamisa Trading on Thursday said it expects sales to reach some 48 million lei (EUR11.4 million) in 2011, up 30% from RON37 million in 2010, based on the launch of new product...
A Better Year For Food Retail
Romania’s retail market is expected to rise to EUR26 billion by 2020, from the current EUR16 billion, and the upbeat expectations fuel the store networks’ plan for new openings, which are se...
Best Case Scenario For Adhesives Market: Flat Sales
The construction sector crisis has taken its toll among adhesives and mortars producers, as the market continues to shrink, with strong players managing to survive helped by promotional offe...
Transgaz Expects 67% Fall In 2011 Profit To RON124M
Romania’s state-run natural gas pipeline operator Transgaz Medias (TGN.RO) estimates its net profit will drop 67% to 123.9 million lei (EUR29.7 million) in 2011, due to lower revenue and ris...
Volksbank Expects Romanian Unit To Return To Profit In 2011
Volksbank Romania is estimated to return to profit in 2011, versus a pretax loss of EUR36 million last year, Volksbank International AG said Thursday.
WB Raises Romania 2011 Growth Outlook To 1.6%
The World Bank has revised slightly upward its forecast on Romanian economic growth to 1.6% in 2011 from 1.5% previously, citing improved export performance, according to a report on global...
Romania’s Factoring Market Seen Up 20% In 2011, To EUR2.2B
Romania’s factoring market may grow by some 20% in value this year, to EUR2.2 billion, according to estimations by Romanian factoring association ARF.
Furniture Market Starts Recovery
The beginning of 2011 was contradictory for the furniture market. Whilst big players such as Mobexpert and Elvila, which also have furniture plants in their group, did not return to growth,...