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growth

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Companies

First 2012 Corporate Budgets Show Growth Forecasts

Many entrepreneurs describe 2012 as a year of many unknowns, when both the situation on the European markets and the domestic measures will influence the performance of the Romanian economy....

Loredana Frățilă-Cristescu · 04.01.2012 · 00:00 · 2 min
Barclays: Romania’s GDP Growth In 3Q Was The Biggest Positive Surprise
Macroeconomics

Barclays: Romania’s GDP Growth In 3Q Was The Biggest Positive Surprise

Romania was the biggest positive surprise in the region given the 4.4% economic growth it recorded in the third quarter, note analysts of Barclays Capital, the investment division of one of...

Claudia Medrega · 21.11.2011 · 00:00 · 1 min
Optimism Is Returning: Analysts Revise 2011 GDP Growth Up Towards 2.5%
Macroeconomics

Optimism Is Returning: Analysts Revise 2011 GDP Growth Up Towards 2.5%

Most analysts have revised or are preparing to revise upwards their forecasts for economic growth for this year by around one percent point, towards 2.5%, after above-expectations data were...

Claudia Medrega · 17.11.2011 · 00:00 · 3 min
Romania's Economic Growth Exceeds Expectations: 3Q GDP +1.9% On Quarter, +4.5% On Year
Macroeconomics

Romania's Economic Growth Exceeds Expectations: 3Q GDP +1.9% On Quarter, +4.5% On Year

Romanian economy expanded by 1.9% in the third quarter, after a modest recovery of 0.2% three months earlier, a flash estimate of the country’s statistics institute showed Tuesday.

Florentina Dragu · 15.11.2011 · 10:00 · 1 min
Macroeconomics

Statistics Institute Due To Announce Highest GDP Growth In Three Years

The National Statistics Institute is due to announce its flash estimate of the gross domestic product growth for the third quarter on Tuesday. Most analysts expect an annual GDP growth of ab...

Claudia Medrega · 15.11.2011 · 00:00 · 2 min
Retail&Consumer

Pernod Ricard Romania Expects Single-Digit Growth Next Year

Tudor Furir, the general manager of spirits importer Pernod Ricard Romania, the local branch of the French group by the same name, says the company’s budget for next year is built around a “...

Ioana David · 31.10.2011 · 00:00 · 1 min
PwC: Wage Hikes In Romanian Pvt Sector In 2009-2011 Merely Covered Inflation
Banks-Insurance

PwC: Wage Hikes In Romanian Pvt Sector In 2009-2011 Merely Covered Inflation

Wage raises in the Romanian private sector in 2009-2011 merely covered the inflation rate, so Romania did not register any real wage growth compared to 2006-2008 when wages climbed 5-10 poin...

Oana Gavrila · 25.10.2011 · 13:23 · 1 min
Romania, IMF Talks On 2012 Budget To Start From 2.3%-2.5% GDP Forecast
Macroeconomics

Romania, IMF Talks On 2012 Budget To Start From 2.3%-2.5% GDP Forecast

The talks between Romanian authorities and the stand-by agreement evaluation mission on the 2012 state budget will start from a forecast for economic growth of 2.3-2.5% and a budget deficit...

Radu Bostan · 22.10.2011 · 20:10 · 2 min
Agriculture Contributes EUR12 Billion To 2011 GDP
Macroeconomics

Agriculture Contributes EUR12 Billion To 2011 GDP

The economic growth will be saved in the third quarter by the best farming year of the decade. Agricultural production will exceed EUR12 billion, an increase of 20% on 2010.

Gabriel Razi · 10.10.2011 · 00:00 · 2 min