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FORECASTS

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CFA Analysts See Leu At 5.0761 Units Vs Euro, Annual Inflation At 6.32% In Next 12 Months
Macroeconomics

CFA Analysts See Leu At 5.0761 Units Vs Euro, Annual Inflation At 6.32% In Next 12 Months

Financial analysts expect the Romanian leu will depreciate to an average of 5.0761 units to the euro in the next 12 months, while inflation is seen averaging 6.32% during the same period, a...

Ecaterina Craciun · 24.02.2022 · 12:22 · 1 min
Romania Fuels Market Seen Growing Nearly 2% To $13B In 2021
Energy

Romania Fuels Market Seen Growing Nearly 2% To $13B In 2021

Sales of oil products are expected to reach nearly $13.2 billion (EUR11 billion) in 2021, up nearly 2% versus 2020.

Ecaterina Craciun · 25.05.2021 · 12:43 · 1 min
Patria Bank Cuts 2020 Profit Forecast To RON6.6M, 3.5-Fold Lower Than Initially Projected
Banks-Insurance

Patria Bank Cuts 2020 Profit Forecast To RON6.6M, 3.5-Fold Lower Than Initially Projected

Lender Patria Bank (PBK.RO) has revised down its financial performance indicators for 2020 in the context of the coronavirus crisis, expecting a profit of RON6.6 million in 2020, compared wi...

Ecaterina Craciun · 24.07.2020 · 11:47 · 1 min
Alexandru Reff, Deloitte: Romania’s Economic Contraction May Be Deeper Than International Institutions’ Forecasts
Macroeconomics

Alexandru Reff, Deloitte: Romania’s Economic Contraction May Be Deeper Than International Institutions’ Forecasts

International institutions’ latest forecasts regarding the evolution of the Romanian economy may prove optimistic, considering that more robust economies, such as Italy’s and Germany’s, are...

Ecaterina Craciun · 29.06.2020 · 18:46 · 1 min
Socep 2014 Revenue Seen Down 2% To RON58M
Automotive

Socep 2014 Revenue Seen Down 2% To RON58M

Romanian maritime port operator Socep Constanta (SOCP.RO) forecasts revenue worth RON58 million in 2014, down 2% on the year, and a gross profit of RON6 million, from RON4.1 million in 2013.

Gabriela Stan · 30.04.2014 · 16:07 · 1 min
Ropharma Expects 25% Higher Profit And 5% Sales Growth In 2014
Health

Ropharma Expects 25% Higher Profit And 5% Sales Growth In 2014

Pharmaceutical company Ropharma Brasov (RPH.RO), owned by Romanian businessman Mihai Miron, expects a 25% increase in profit to 9 million (EUR2 million) and a 5% increase in sales to RON430...

Ecaterina Craciun · 30.04.2014 · 11:27 · 1 min
Bucharest Stock Exchange 2014 Net Profit Seen Up 5% At RON10M
Capital Market

Bucharest Stock Exchange 2014 Net Profit Seen Up 5% At RON10M

The Bucharest Stock Exchange (BVB.RO) eyes a net profit of 10 million lei (EUR2.12 million) in 2014, up 10% on the year, and the increase of trades on the regulated market by 17.6%, at RON13...

Gabriela Stan · 25.03.2014 · 10:56 · 1 min
Private Equity Investments In Romania To Grow By Less Than 2% In 2014 – Study
Banks-Insurance

Private Equity Investments In Romania To Grow By Less Than 2% In 2014 – Study

Investments of private equity funds in Romania will keep the negative trend of the past years and are expected to grow by less than 2% compared to 2013, in line with other countries in Centr...

Ecaterina Craciun · 05.03.2014 · 13:17 · 1 min
Romania’s General Insurance Market Expected To Face Another Rough Year In 2014
Banks-Insurance

Romania’s General Insurance Market Expected To Face Another Rough Year In 2014

Romania’s general insurance market is expected to face another rough year in 2014, just like in 2013, and the evolution of underwritten premiums is envisaged between -2% and +3%, representat...

Ecaterina Craciun · 27.01.2014 · 14:55 · 1 min