REVISION
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Hidroelectrica Revises Expected 2024 Figures
Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has proposed a revision of the budgeted figures for 2024...
INS Revises Romania’s Economic Growth From 4.7% To 4.1% In 2022
The gross domestic product estimated for 2022 (semi-final data) stood at RON1,401 billion, an increase of 4.1% in real terms compared with 2021, Romania’s National Statistics Institute annou...
Sources: Government To Revise 2023 Economic Growth Forecast Downwards
Romania’s government will revise the 2023 economic forecast downwards but stick with an over 2% growth, more optimistic than that of international institutions like the World Bank or the Int...
ING Bank Revises Romania’s 2023 Economic Growth Forecast From 2.5% To 1.5%
ING Bank has revised its growth forecast for Romania in 2023 from its previous estimate of 2.5% to 1.5%, based on a slightly disappointing first half of the year and limited prospects for an...
All Seven Romanian Companies Remain In FTSE Global All Cap
Global provider of benchmarks, analytics, and data solutions FTSE Russell announced the results of the six-month review that will be implemented as of September 18, 2023. All seven Romanian...
Petrom Starts Petrobrazi General Revision Works
OMV Petrom, Romania’s largest oil company, has started general revision works at Petrobrazi, which will be carried out during six weeks and for which the company will earmark RON400 million.
Footwear Retailer ECCO Shoes Revises 2019 Sales Estimate Downwards to EUR8.5M
Footwear retailer ECCO Shoes Romania has announced it expects to end the year with EUR8.5 million sales, 15% lower than estimated at the beginning of the year, EUR10 milion. The company offi...
Budget Revision Draft Raises Revenues and Spending, Keeps Deficit Target at 2.76% of GDP
Romania's finance ministry on Tuesday released its proposed state budget revision draft, which raises expected revenues by RON3.75 billion, spending by RON3.9 billion and keeps the deficit t...
Fitch Ratings Revises Outlooks On BCR And BRD To Stable On Revised Bank Tax Decree
Fitch Ratings on Wednesday affirmed the Long-Term IDRs of Banca Comerciala Romana S.A. (BCR) and BRD-Groupe Societe Generale S.A. (BRD) at ‘BBB+’ and revised their Outlooks to Stable from Ne...