05.20.2015

Romania’s largest natural gas producer Romgaz (SNG.RO) targets a net profit of RON1.5 billion in 2015, higher by 7.2% than last year’s net profit which was the largest ever registered by the more

05.05.2015

The European Commission expects Romania’s budget deficit to sharply deteriorate next year due to tax cuts envisioned in the new tax code draft, the EU’s executive arm said in its spring forecast more

04.14.2015

Romania’s gross domestic product will grow 2.7% in 2015, according to the latest World Economic Outlook report issued Tuesday by the International Monetary Fund, which sees the local economy more

04.01.2015

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03.25.2015

Romanian Business Consult (RBC), local integrator of IT solutions for the retail and food industries, expects a 10% increase in turnover in 2015, from EUR15.8 million in 2014, due to attracting new more

03.25.2015

Romanian wheat yield is estimated at 3.26 tons/hectare in March, 10% higher than forecast in the same time last year, according to the first European Commission 2015 estimate recently published. more

03.18.2015

Insurer Aegon Romania expects a 20% increase in underwritten premiums on the year in 2015, to RON60 million, due to a 10% increase in sales of new insurance policies and the development of a new more

02.05.2015

The European Commission expects Romania’s economy to grow by 2.7% in 2015, from 2.4% previously estimated, powered by domestic demand and supported by the recovery of the global economy, according more

01.19.2015

The European Bank for Reconstruction and Development (EBRD) Monday maintained its forecast on Romania’s economic growth at 2.8% in 2015, saying the economy would benefit from rising confidence, more

01.14.2015

The World Bank estimates Romania’s economy will grow 2.9% in 2015, a downward revision from its previous forecast, but is expected to accelerate to 3.2% next year. more

01.05.2015

Romania’s Gross Domestic Product will go up by 2%, while the export growth rate will slow down to less than 10%. Profi and Mega Image will continue to expand. The highway network might add about 70 more

12.07.2014

Dairy maker FrieslandCampina Romania expects a 10% increase in sales in 2014, in terms of both volume and value, and estimates the upward trend will be kept in 2015. more

11.21.2014

Romania’s prognosis commission, or CNP, estimates the country’s economic growth at 2.6% this year and at 2.5% in 2015, similar to its spring forecasts of 2.5% for this year, and 2.6% for 2015. more

11.06.2014

Romania’s central bank governor Mugur Isarescu said Thursday that tobacco and alcohol prices will decline in 2015, because the calendar for the alignment of excise duties has already been fulfilled. more

11.04.2014

Romania’s gross domestic product rose 1% in the third quarter against the previous quarter, according to the European Commission’s latest forecasts, which means the economy is out of technical more

11.04.2014

Romania’s government will need to increase taxes or cut expenditure else the budget deficit will expand to 2.8% of the gross domestic product next year, when revenue is expected to go down following more

11.04.2014

The European Commission expects Romania’s economy to grow only 2% in 2014, a significant cut from a 2.8% estimated in June, due to a strong deceleration in the second quarter. more

10.27.2014

Romania’s largest lender Banca Comerciala Romana, or BCR, revised downwards its forecast on Romania’s economic growth to 1.8% in 2014 and 3% in 2015, due to the very low public investments and more

10.22.2014

The Romanian IT market is seen growing 9.1% this year, to RON5.4 billion,outperform the majority of its peers as a result of a strong economic recovery and its position as a regional center for more

10.02.2014

Telecom retailer Arsis estimates its sales will grow 10%-12% to EUR34 million in 2014, from EUR30.4 million in 2013, on the backdrop of higher smartphone sales and the launch of www.arsis.ro, which is more

08.26.2014

The leu is the only currency in the Central and Eastern Europe that gained ground against the euro since the end of 2013, while the Polish zloty, the Czech koruna and Hungary's forint lost one to five more

08.18.2014

Romanian insolvent power producer Hidroelectrica posted a pretax profit of 600 million lei (EUR135.2 million) in the first seven months of 2014 and expects record earnings of over RON1 billion for the more

08.08.2014

Romania’s renewable power capacity is expected to increase 57.4% to some 7,000 megawatts in 2015, from 5,750 MW projected by the end of this year, according to estimates from the Energy Department. more

08.04.2014

Romania’s central bank Monday revised sharply down its inflation forecast to 2.2% this year from 3.3% previously, saying the inflation rate is expected to decelerate at a faster pace than initially more

07.22.2014

Garanti Bank Romania has revised upward its forecast on the country’s economic growth to 2.9% in 2014, from 2.6% previously, citing a better-than-expected performance during the first quarter and more