05.16.2012

Romania's economic growth is likely to slow down to 1.6% in 2012, from 2.5% a year earlier, in line with the general evolution forecast for the Central and Eastern Europe, a report from Fitch Ratings more

05.15.2012

Continuing downward pressure on exports from the eurozone and a generally bleak international climate are likely to affect Romania’s economy in the second quarter, tilting the scales to the more

05.11.2012

The European Commission revised its forecast on Romanian economic growth to 1.4% in 2012 from 1.6% previously, saying it expects exports will have a negative contribution due to financial and economic more

05.09.2012

Romanian annual inflation rate has likely eased further to a fresh low of 2.2% in April, according to a median forecast of the country’s association of financial and banking analysts AAFBR. more

05.02.2012

Romanian chemical fertilizer maker Azomures (AZO.RO) estimates its net profit will fall to 143.7 million lei (EUR32.6 million) in 2012, from RON365.1 million a year earlier, largely due to higher more

04.30.2012

Romania’s state-run chemical producer Oltchim Ramnicu Valcea (OLT.RO) plans to break even in the financial year ending December 2012, after five consecutive years of losses. more

04.27.2012

Romanian steel processor Mechel Targoviste (COS.RO) expects a net loss of 116 million lei (EUR26.5 million) this year, 13% lower than RON133 million in 2011. more

04.27.2012

Romanian aluminum smelter Alro Slatina (ALR.RO), a unit of Dutch-registered metals group Vimetco, forecasts a net profit of $71.3 million in 2012, down 5% on the year, on lower sales. more

04.27.2012

Romanian car parts maker Altur Slatina (ALT.RO) estimates a pretax profit of 2 million lei (EUR0.46 million) in 2012, fourfold higher on the year, according to the company’s revenue and expenditure more

04.26.2012

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, estimates its net profit will increase by 11% to 17.5 million lei (roughly EUR4 million) in 2012, as costs more

04.24.2012

Romanian drugmaker Biofarm (BIO.RO) estimates its net profit will rise 17% on the year to 16.6 million lei (EUR3.79 million) in 2012, fueled by higher sales. more

04.24.2012

Romanian electric engine maker Electroputere Craiova (EPT.RO) estimates it will swing to profit in 2012, after eleven consecutive years of losses. more

04.24.2012

Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Tuesday estimated its net profit will almost double to 10.1 million lei (EUR2.3 million) in 2012, from RON5.4 million a year earlier. more

04.23.2012

Alumil Rom Industry (ALU.RO), the Romanian unit of Greek aluminum processing group Alumil Mylonas, estimates its net profit will rise 16% to 3.97 million lei (EUR0.9 million) in 2012, the company said more

04.13.2012

Romanian port operator Chimpex Constanta (CHEM.RO) estimates its net profit will rise 65% to EUR3.43 million in 2012, from roughly EUR2.1 million a year earlier, according to the company’s revenue more

04.12.2012

Romanian lender Banca Comerciala Carpatica (BCC.RO) Thursday estimates it will return to profit in 2012 after three years of losses, largely helped by a 63% increase in corporate loans, according to more

04.12.2012

Romanian medicine wholesaler Farmaceutica Remedia Deva (RMAH.RO) expects a pretax profit of 8.7 million lei (EUR1.98 million) this year, up 61% from RON5.41 million in the previous year. more

04.12.2012

Almost three quarters of the companies listed on the Bucharest Stock Exchange budgeted higher revenue for this year. The same number of companies see bottom line improving, too, which means either more

04.10.2012

Romanian meat products retailer Cris-Tim posted a 10%-15% decline in volumes sold in the first quarter this year, but it expects to reach sales worth at least EUR100 million this year, up 25% on 2011, more

04.06.2012

Romanian annual inflation rate is likely to ease further to a fresh record low of 2.5% in March, according to a median forecast of the country’s association of financial and banking analysts AAFBR. more

04.04.2012

Romanian lender BRD-Groupe Societe Generale (BRD.RO) Wednesday revised downward its forecast on the country’s economic growth to 1.9% in 2012, from 2.1% previously, saying it expects a slowdown in more

04.03.2012

Romanian rubber bands maker Artego Targu Jiu (ARTE.RO) expects a net profit of 1.4 million lei (EUR0.32 million) for 2012, compared to RON4.3 million in the previous year, the company said Tuesday. more

03.29.2012

Romanian lender Banca Transilvania (TLV.RO) on Thursday said it expects a 20% year-on-year increase in pretax profit, to 334.7 million lei (EUR76.4 million) in 2012 from RON278.2 million a year more

03.28.2012

Romanian Rompetrol Rafinare SA (RRC.RO), which clusters the refinery operations of oil group Rompetrol, expects to reduce its loss this year to $86 million, from $167.4 million in 2011. more

03.23.2012

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) estimates a 28% increase in its net profit to 80.6 million lei (EUR18.4 million) in 2012, as costs are expected to decline faster than more