ING Bank Revises Romania’s 2023 Economic Growth Forecast From 2.5% To 1.5%

09.22.2023
ING Bank has revised its growth forecast for Romania in 2023 from its previous estimate of 2.5% to 1.5%, based on a slightly disappointing first half of the year and limited prospects for an acceleration in the second part.
ZF NEWSRSS
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Jacobs Coffee Importer Revenue Up 14% To Over RON526M In 2022
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Jacobs Douwe Egberts Ro, the local subsidiary of the group of the same name, posted RON526.2 million (EUR106.7 million) revenue in 2022, up 14%... more
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Ruck Ventilatoare Revenue Shrinks 17% To RON113.5M In 2022
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Industrial ventilation equipment manufacturer Ruck Ventilatoare in Tarnaveni, Mures County, posted RON113.5 million (EUR23 million) revenue in... more
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Textile Manufacturer Tanex Sees EUR19M Revenue In 2022
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Florian Daniel Pop, The New General Director Of Rompetrol Rafinare
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Romania Private Lending Up 5.5% YoY To RON378B In August 2023
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Finance Ministry Raises RON1.8B From Banks On September 25
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US Sound Systems Maker Sonos Opens Store In Bucharest
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Infinity Capital Investments Buys 8.9% Stake In Electromagnetica For RON10.9M
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Agroland Business System Reports RON190M Revenue, RON7.6M Net Profit For H1/2023
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AROBS Transilvania Software Shares Transferred To Main Market Of Bucharest Stock Exchange
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Healthy Snacks Startup Unison Seeks To Raise EUR225,000 On SeedBlink
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TeraPlast Integrates Complex Digital Solutions Into Its Workflows; Aims To Digitize 80% Of Its Logistics Processes
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iSTYLE Romania Expects To End 2023 With Turnover Similar To 2022 Level Of EUR112M
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Restart Energy Plans To Go Public In 2024
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TeraPlast Aims to Digitize 80% of Logistic Processes within Next 12 Months
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Cosmetics Retailer Douglas Set to Expand Offline Network Further
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Ursus Breweries Invests EUR2M In Energy Recovery Installation At Its Buzau Brewery
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Tiriac Imobiliare Invests EUR50M In Residential Compound In Northern Bucharest
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Mark Docherty, The New Country Manager Of Coca-Cola Romania
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FIC: Disproportionate Taxation Of Large Taxpayers Threatens The Ability Of The Economy To Recover
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CEO François Bloch Leaves BRD With 50% Higher Assets
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Finance Ministry Raises RON1.33B From Banks On September 21
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Wizz Air To Launch Bucharest-Thessaloniki Flights
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.
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Central Bank: Romania's Economic Growth Expected to Decelerate Considerably in 2022 and 2023Romania’s economic growth is expected to decelerate considerably in 2022 and 2023, after having reached very high dynamics from a historical perspective in 2021, yet significantly lower than previously forecast (in November 2021), the minutes of the monetary policy meeting of Romania’s central bank (BNR) say.
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