growth
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Analysts: Industry, Agriculture Lifted Romania's Economy In 2Q
Industry was the main economic growth driver in the second quarter, despite at a slower pace, with a boost also coming from agriculture, according to analysts asked by ZF.
Exit From Recession Becomes Imperceptible
The gross domestic product growth of just 0.2% in the second quarter against the first points to a significant slowdown, although the Romanian economy remained in positive territory for the...
Franks: Romania May Accelerate Economic Growth With Good Reforms, Solid Investments
Romania's economic growth will continue this year and may even accelerate next year, but only through continued and "satisfactory" reforms, improved absorption of EU funds and solid investme...
Heating Boiler Sales Back To Double-Digit Growth
After 2009, when sales of heating boilers went down by more than 30%, the market returned to two-digit annual growth hardly ever seen in the construction industry after the onset of the cris...
Organic Food Market Seen Up 20% This Year
Romania's organic farming product market could grow this year by 20%, from EUR45-50 million in 2010, thanks to higher demand, said Marian Cioceanu, head of the "Bio Romania" association of o...
Retail Promotions, Corporate Funding Set Private Lending Moving In April
April finally brought good news for bankers and not only for them: private lending posted the first increase this year, even though tentative as it was, owing to promotions for consumer loan...
Garanti: We Prefer To Grow Organically In Romania
Garanti, one of Turkey's biggest financial groups, prefers an organic growth in the future on the Romanian market after last year it turned the local branch into a subsidiary licensed by the...
Benvenuti: Price Is Still Main Purchase Criterion For Romanians
Footwear and accessories retailer Benvenuti boasted the best sales since the company's set up in 2010, since turnover rose 31% to 46.2 million lei (around EUR11 million) and the company step...
Romania's 1Q GDP +0.5% On Quarter; Economy Exits Recession - Sources
Romanian economy grew by 0.5% in the first three months of 2010 compared with the previous quarter and is technically out of recession, according to governmental sources that cited data from...