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Technology &Telecoms

Lenovo’s Netin: 50% Of Our Clients Are Multinationals

Sales of PCs in Romania will go up by 20% on the average after the market saw similar growth last year and will slowly recover towards the 2008 level, when Romanians bought one million compu...

Ștefan Vrabie · 06.06.2011 · 00:29 · 1 min
Banks-Insurance

Private Pension Funds' Net Assets Seen At 1.35% of GDP By Yearend

The net assets of Romania’s private pension funds will reach 1.35% of the gross domestic product by the end of the year, from 0.96% at the end of March 2011, according to estimations of pens...

Tudor Ioana Raluca · 27.05.2011 · 16:00 · 1 min
Banks-Insurance

Banca Romaneasca Expects Loss Of RON86M In 2011

Banca Romaneasca, the local subsidiary of Greek financial group National Bank of Greece, forecasts a net loss of 86.3 million lei (over EUR20 million) in 2011 according to Romanian accountin...

ZF English · 27.05.2011 · 01:00 · 1 min
Retail&Consumer

Paint Maker Deutek Sees 2011 Sales Up 5% To EUR31.5M

Romanian paint and lacquer maker Deutek on Thursday said it plans to increase sales by at least 5% this year, to EUR31.5 million, based on a wider share on the domestic market and increased...

Andrei Cîrchelan · 26.05.2011 · 13:10 · 1 min
Lawyers Expect Higher Revenue After Two Years Of Decline
Companies

Lawyers Expect Higher Revenue After Two Years Of Decline

After two years when few law firms managed to keep growing, in 2011 all the firms that provided information on the revenue trend are expecting to at least stagnate, according to data collect...

ZF English · 20.05.2011 · 00:00 · 1 min
Primola Maker Sees 20% Higher Turnover and Rising Profit
Retail&Consumer

Primola Maker Sees 20% Higher Turnover and Rising Profit

Supreme Chocolat, the producer of Primola chocolate, forecasts improved financial results for 2011 though, according to market players, Romanians' appetite for sweets is still very low, with...

ZF English · 19.05.2011 · 00:24 · 1 min
Big Foreign Banks Bet On Stronger Leu Again
Banks-Insurance

Big Foreign Banks Bet On Stronger Leu Again

The Romanian leu has once again become interesting in the world's financial centers, which have returned with bets on an appreciation towards 4 lei per euro, after having forgotten about the...

ZF English · 18.05.2011 · 01:17 · 1 min
Capital Market

Erste-BCR Analysis: Bucharest Bourse May Gain 15% By Yearend

The Bucharest bourse could grow by 10% to 15% this year, according to an Erste-BCR analysis, based on forecasts on private lending, the leu's exchange rates and state bond yields.

Andrei Cîrchelan · 16.05.2011 · 16:33 · 1 min
Analysis

Analysts See Romania's 1Q GDP +0.6% On Quarter

Romania's economy is likely to increase by 0.6% in January to March compared to the previous quarter, according to estimations of the country’s association of financial and banking analysts...

Florentina Dragu · 12.05.2011 · 14:07 · 1 min