07.08.2011

Romanian consumer prices are likely to increase by 0.2% on the month in June, while the annual inflation is seen accelerating to 8.5%, according to a median forecast of the country’s association of more

07.07.2011

Poultry meat processor Transavia plans to invest between EUR10 million and EUR13 million in upgrades this year, general manager Ioan Popa said Thursday. more

07.05.2011

Romastru Trading, a company active in pharmaceutical marketing and wholesale, has budgeted a turnover of EUR85 million for this year. EUR4 million to EUR5 million should be generated by the more

06.22.2011

The Romanian car parts market is poised to grow by 4% to 5% on the year to around EUR1 billion, as large part of the vehicles bought during the boom years are no longer covered by the manufacturer's more

06.22.2011

TotalSoft, one of the biggest local software producers, posted 25% higher revenue in the first four months, at EUR8.4 million, after the company won international contracts on markets such as Saudi more

06.22.2011

Drug wholesaler Mediplus and pharmacy chain Sensiblu posted cumulated sales of EUR788 million last year, up 20% from 2009. more

06.17.2011

Romanian cement market will stand at around half a billion euros this year as forecasts point to stagnation or a very frail increase, says Mihai Rohan, president of cement industry association CIROM, more

06.17.2011

Raiffeisen Leasing expects to make profit this year, too, after having seen the value of funded goods triple in the first three months (it started, however, from a low base), as the rate of clients in more

06.16.2011

Drug wholesaler Tamisa Trading on Thursday said it expects sales to reach some 48 million lei (EUR11.4 million) in 2011, up 30% from RON37 million in 2010, based on the launch of new products. more

06.15.2011

Romania’s retail market is expected to rise to EUR26 billion by 2020, from the current EUR16 billion, and the upbeat expectations fuel the store networks’ plan for new openings, which are seen at more

06.10.2011

The construction sector crisis has taken its toll among adhesives and mortars producers, as the market continues to shrink, with strong players managing to survive helped by promotional offers and more

06.09.2011

Romania’s state-run natural gas pipeline operator Transgaz Medias (TGN.RO) estimates its net profit will drop 67% to 123.9 million lei (EUR29.7 million) in 2011, due to lower revenue and rising more

06.09.2011

Volksbank Romania is estimated to return to profit in 2011, versus a pretax loss of EUR36 million last year, Volksbank International AG said Thursday. more

06.08.2011

The World Bank has revised slightly upward its forecast on Romanian economic growth to 1.6% in 2011 from 1.5% previously, citing improved export performance, according to a report on global economic more

06.07.2011

Romania’s factoring market may grow by some 20% in value this year, to EUR2.2 billion, according to estimations by Romanian factoring association ARF. more

06.06.2011

The beginning of 2011 was contradictory for the furniture market. Whilst big players such as Mobexpert and Elvila, which also have furniture plants in their group, did not return to growth, smaller more

06.06.2011

Sales of PCs in Romania will go up by 20% on the average after the market saw similar growth last year and will slowly recover towards the 2008 level, when Romanians bought one million computers, more

05.27.2011

The net assets of Romania’s private pension funds will reach 1.35% of the gross domestic product by the end of the year, from 0.96% at the end of March 2011, according to estimations of pension more

05.27.2011

Banca Romaneasca, the local subsidiary of Greek financial group National Bank of Greece, forecasts a net loss of 86.3 million lei (over EUR20 million) in 2011 according to Romanian accounting more

05.26.2011

Romanian paint and lacquer maker Deutek on Thursday said it plans to increase sales by at least 5% this year, to EUR31.5 million, based on a wider share on the domestic market and increased exports to more

05.20.2011

After two years when few law firms managed to keep growing, in 2011 all the firms that provided information on the revenue trend are expecting to at least stagnate, according to data collected in ZF's more

05.19.2011

Supreme Chocolat, the producer of Primola chocolate, forecasts improved financial results for 2011 though, according to market players, Romanians' appetite for sweets is still very low, with the more

05.18.2011

The Romanian leu has once again become interesting in the world's financial centers, which have returned with bets on an appreciation towards 4 lei per euro, after having forgotten about the Eastern more

05.16.2011

The Bucharest bourse could grow by 10% to 15% this year, according to an Erste-BCR analysis, based on forecasts on private lending, the leu's exchange rates and state bond yields. more

05.12.2011

Romania's economy is likely to increase by 0.6% in January to March compared to the previous quarter, according to estimations of the country’s association of financial and banking analysts AAFBR. more