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FORECASTS

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Romania’s Major Home Appliances Market Seen Up 4%-5% In 2013
Retail&Consumer

Romania’s Major Home Appliances Market Seen Up 4%-5% In 2013

Romania’s major household appliances market is expected to grow by 4% to 5% in 2013 and exceed the threshold of EUR300 million following a 10% increase in product prices, Whirpool Romania’s...

Ecaterina Craciun · 01.10.2013 · 14:21 · 1 min
Unifarm Expects 14% Higher Gross Profit In 2013, To RON110,000
Health

Unifarm Expects 14% Higher Gross Profit In 2013, To RON110,000

Romania’s state-owned medicine supplier Unifarm expects 14% higher gross profit to 110,000 lei (EUR24.841) in 2013, according to the company’s budget of revenue and expenditure.

Ecaterina Craciun · 04.04.2013 · 17:16 · 1 min
Romanian Life Insurance Market Seen Almost Flat In 2013
Banks-Insurance

Romanian Life Insurance Market Seen Almost Flat In 2013

Romania’s life insurance market is seen flat or up a mere 2% in 2013, mainly depending on the quality and performance of insurers' sales teams.

Manuela Panescu · 28.01.2013 · 17:19 · 1 min
Analysts’ Gloomy Forecasts Point To Only 1.2% GDP Growth For Romania In 2013
Macroeconomics

Analysts’ Gloomy Forecasts Point To Only 1.2% GDP Growth For Romania In 2013

Bank analysts expect Romania’s economy to grow 1.2% on average in 2013 after a mere 0.5% rise in 2012, a pessimistic forecast compared with foreign institutions’ estimates.

Ecaterina Craciun · 19.11.2012 · 00:00 · 1 min
Group Medical Insurance Market May Exceed EUR1.5B By 2016
Banks-Insurance

Group Medical Insurance Market May Exceed EUR1.5B By 2016

Insurer Alico Asigurari Romania forecasts that group medical insurance market may exceed EUR1.5 billion by 2016, mainly due to the reform in the health sector, the company said Wednesday.

Manuela Panescu · 11.07.2012 · 13:43 · 1 min
Macroeconomics

Analysts: Economy Failed To Replicate Q1 Performance In Q2

Analysts of local banks believe Romania's economy had a weaker performance in the second quarter than in the first, when it rose by 0.7%, and there is even the risk of a slight GDP decline.

Claudia Medrega · 16.06.2011 · 00:00 · 1 min
New Forecasts For Romania's 2011 GDP Growth Climb Towards 2%
Macroeconomics

New Forecasts For Romania's 2011 GDP Growth Climb Towards 2%

Analysts of local and foreign banks, as well as international financial institutions have improved or are thinking to revise upwards their forecasts about Romania's economy in 2011, with mos...

Shutterstock · 24.05.2011 · 07:40 · 1 min
Retail&Consumer

Zentiva Romania Sees 14% Lower Net Pft In 2011, At RON49.4M

Romanian generic drug maker Zentiva Bucuresti (SCD.RO) forecasts a net profit of 49.4 million lei (EUR1=RON4.0881) for 2011, down 14% on the year, on lower sales, the company said in a state...

Anca Baltatescu · 25.03.2011 · 17:55 · 1 min
Energy

Romania’s OMV Petrom Sees 2011 Net Pft Up 30% At RON2.3B

Romanian oil company OMV Petrom (SNP.RO) forecasts a net profit of 2.316 billion lei (EUR1=RON4.0881) for 2011, up 29.3% on the year, despite lower sales, the company said in a report Friday...

Anca Baltatescu · 25.03.2011 · 17:53 · 1 min