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Dan Sucu: Mobexpert Sales Rise In 1Q; Upbeat Expectations For Second Half
Retail&Consumer

Dan Sucu: Mobexpert Sales Rise In 1Q; Upbeat Expectations For Second Half

The Mobexpert group of furniture companies posted growth of 5% in sales in the first quarter compared with the year-ago period, at a time of decline on the domestic market, according to the...

Loredana Frățilă-Cristescu · 17.04.2014 · 09:35 · 2 min
Good Macroeconomic News Makes Analysts Revise GDP Growth Forecasts
Macroeconomics

Good Macroeconomic News Makes Analysts Revise GDP Growth Forecasts

The good news from most macroeconomic indicators in the first two months of the year is making analysts change their full-year gross domestic product growth forecast towards 3% to 3.5%.

Loredana Frățilă-Cristescu · 11.04.2014 · 00:00 · 2 min
Sortilemn Sees Revenue Up To EUR35M
Companies

Sortilemn Sees Revenue Up To EUR35M

Sortilemn, a furniture manufacturer based in Gherla, Cluj County (NW Romania), and one of the most important Romanian suppliers of IKEA, posted EUR35 million revenue last year, an increase o...

Loredana Frățilă-Cristescu · 11.04.2014 · 00:00 · 1 min
Car Sales See Best First Quarter After 2012
Automotive

Car Sales See Best First Quarter After 2012

New car registrations saw the fastest growth pace on the last three years in March, as they rose 40% compared with the year-ago month, and went up by 20% to 13,345 units in the first quarter...

Loredana Frățilă-Cristescu · 09.04.2014 · 04:07 · 2 min
Romania's Retail Sales Go Up, But Tax Revenues Go Down
Macroeconomics

Romania's Retail Sales Go Up, But Tax Revenues Go Down

Retail sales rose 9% on the year in February, reaching a two-year high, but tax collections to the state budget did not increase as a result.

Loredana Frățilă-Cristescu · 03.04.2014 · 07:23 · 3 min
Romania Economy Expanded Faster In 4Q/2013
Macroeconomics

Romania Economy Expanded Faster In 4Q/2013

Romania’s economy grew slightly faster than previously thought in the fourth quarter of last year, reflecting improved consumer spending and better contributions from constructions and retai...

Florentina Dragu · 02.04.2014 · 10:00 · 1 min
NATO Accession In 2004 Put Romania On Investors’ Radar
Macroeconomics

NATO Accession In 2004 Put Romania On Investors’ Radar

Romania’s accession to the North Atlantic Treaty Organization (NATO) on April 2 ten years ago turned out to be very important for the Eastern European country's economy, not only for its sec...

Loredana Frățilă-Cristescu · 01.04.2014 · 23:35 · 3 min
Antibiotice, Biofarm or Zentiva: Which Pharma Stock To Invest In?
Capital Market

Antibiotice, Biofarm or Zentiva: Which Pharma Stock To Invest In?

Zentiva Bucuresti (SCD.RO) is paying the highest dividend of all pharmaceutical producers listed on the Bucharest stock market, while Biofarm (BIO.RO) will not be paying any. Analysts’ favor...

Loredana Frățilă-Cristescu · 26.03.2014 · 00:00 · 3 min
Industry Experts: Online Sector Growth Should Be Driven By Market Demand
Technology &Telecoms

Industry Experts: Online Sector Growth Should Be Driven By Market Demand

The development of the online sector must be triggered by market demand and the industry and consumers, not the Government, should be the ones “dictating” the market growth rate, according t...

Ecaterina Craciun · 25.03.2014 · 15:18 · 1 min