estimates
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Rosal Import-Export Expects Over 60% Higher Turnover In 2013, To EUR8M
Rosal Import-Export, owner of IT&C products brand E-Boda, estimates its turnover will reach EUR8-9 million this year, from EUR5 million in 2012, due to an increase in tablet sales.
Antibiotice Eyes 6% Higher Profit In 2013
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) estimates its net profit will rise 6% to 29 million lei (EUR6.5 million) in 2013, according to the company’s revenue and expenditure bu...
TBI Bank Bucharest Aims For EUR70M Loans, EUR40M Deposits In 2013
TBI Bank, the Romanian subsidiary of TBI Bank EAD Sofia operated by Dutch financial group TBIF Financial Services, wants to grant loans of EUR60-70 million to individuals and firms and attra...
Transelectrica Expects 2013 Profit To Fall On Tax Charge
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its pretax profit will fall 5% on the year in 2013, hurt by a newly introduced tax on natural monopoly in the energy...
Gedeon Richter Expects Flat Drug Sales In Romania In 2013
Hungarian drug maker Gedeon Richter estimates medicine sales will remain at a similar level this year to 2012 on the Romanian market, when expressed in lei, according to data published by po...
Transelectrica Sees 5% Increase In 2013 Pretax Profit
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its pretax profit will rise 5% to 44.6 million lei (EUR10.2 million) in 2013, from RON42.5 million a year earlier.
Amway Romania Sees Slight Growth In Sales This Year, To $23M
Direct sales company Amway Romania expects a slight growth in sales this year, to USD23 million, driven by the planned new product launches.
New Energy Company Prepares To Join Billionaires Club
State-run energy company Complexul Energetic Oltenia, which was created last summer by the merger of major thermal power stations in Oltenia (S Romania) with the coal mines managed by Societ...
Romanian Insurers See No Major Changes On Local Market In 2013, Expect 3%-5% Growth
Romania’s general and life insurance market will see no major changes in 2013 and it is expected to grow by 3% to 5% backed by higher tariffs at mandatory car insurance (RCA) policies and st...