growth
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Analysts: Prospects For 2013 Seem Favorable, Economy Should Return To Spotlight
Romania’s economic prospects for 2013 appear favorable considering that the economy of the eurozone is expected to return to growth, analysts say.
Romania’s 2011 Farming Output Up 9% To RON76.5B
Romania’s farming production rose to 76.5 billion lei (EUR16.64 billion) in 2011, up 8.9% from 2010, of which crop production amounted to RON54.1 billion, accounting for 70.8%, up 13% from 2...
IMF: Political Pressures In Romania Will Be Strong Over Coming Months
The International Monetary Fund expects political pressures for relaxing fiscal consolidation and structural reforms to intensify despite the new government strongly affirming its commitment...
Exports To Markets Outside The EU Are Key To Returning To GDP Growth Above 4%
Romanian companies that no longer find resources for growth on the local market and turn to exports will have to seek markets outside the European Union. This was the main conclusion of the...
Citibank Head: The First Quarter Was A Prelude To A Flat Year, In Contrast With The Optimism Of Spring 2011
The biggest risk that the local economy is facing this year concerns the impact that a prospective “disorderly exit” of Greece from the euro zone would have on the risk perception of Romania...
Holcim Romania: Cement Market Growth Still Relies On Infrastructure Projects
Holcim Romania, one of the largest cement producers on the local market, estimates the cement market will increase by 2% to 3%, with company officials still relying on infrastructure project...
Voluntary Private Pension Market Has High Growth Potential - Association
The Romanian voluntary private pension fund market (Pillar III) has a high growth potential considering that about 3.5 million people have financial resources to pay pension contributions in...
Romanian Labor Market Returns To Pre-VAT Hike Levels After Two Years
The number of employees in the Romanian economy reached 4.25 million people in March, marking a return to the level registered in June 2010, before the government raised the value added tax...
KWS Relies On Corn Seed Business For Growth
Agricultural seeds producer KWS, a company with EUR0.9 billion in revenues from worldwide operations, has already run out of the corn seed stock allotted for this year’s farming season in Ro...