growth
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SIF Muntenia's Net Profit Soars To RON56.7M In August
Romanian regional investment fund SIF Muntenia (SIF4.RO) reported net profit of 56.7 million lei (EUR12.7 million) in August, higher than the RON51 million profit reported in the first seven...
Coca Cola HBC Romania’s Sales See Growth First Time In Last Four Years
Coca-Cola HBC Romania, the largest player on the local soft drinks market, reported sales of EUR435 million last year, up 6% from 2011, and a net profit of EUR33 million, up 8% on the year.
Arctic’s Exports Up Nearly 30% In 2012, To Some EUR200M
Romanian household appliance maker Arctic, owned by Turkish group Arcelik, saw a nearly 30% increase in exports, to 861.84 million lei (EUR198 million), in 2012.
Polisano Targets 15% Higher Revenue In 2013
Romanian pharmaceutical wholesaler Polisano, controlled by Romanian businessman Ilie Vonica, expects revenue of 1.5 billion lei (EUR343 million) in 2013, up 15% from RON1.33 billion (EUR294...
Romanian Beer Sales See Record Growth In February
Beer sales in Romania rose 26% on the year in February, to 920,000 hectoliters, according to ZF’s calculations based on data from the statistics institute.
Romanian Government Expects GDP Growth Of Less Than 3% In 2013-2016
The Romanian Government fails to come with an ambitious and a coherent strategy to stimulate GDP growth, planning economic growth of less than 3% per year in between 2013 and 2016, according...
Analysts Say Economy Will Rise In 1Q, Businesspeople Are Pessimistic
Analysts believe the Romanian economy will remain on the rise in the first quarter of this year and keep their estimates for 2013 gross domestic product, but signals from the economy are les...
Romania Is A Market Where ING Group Seeks Growth, Says Local CEO
ING Bank Romania does not need any restructuring program and will in no way follow into footsteps of other major international groups, which are drastically reducing local presence.
Foreign Investors: Romania Unlikely To Reach Pre-Crisis Growth Without Reforms
Romania is unlikely to return to pre-crisis level of growth without major reforms that would boost investment and increase job creation, representatives of the Foreign Investors Council said...