The 40% increase in exports and exports were boosted by the Duster, which determined the 1.6% GDP hike in Q1. The GDP grew by 500% in the first quarter. According to an analysis, the Duster was what eventually … [Read more...]
Jerome de Haan, Mazda: Market Growth From After-Sales Services
May 17, 2011 By Leave a Comment
Mazda's regional manager for Central and South-Eastern Europe, Jerome de Haan expects sales of the Japanese car brand to remain similar this year to the 2010 level. He said that the first-quarter decline … [Read more...]
Bucharest Stock Market Growth Potential This Year Between 10 and 15 %
May 17, 2011 By Leave a Comment
Erste-BCR analysts say that the Stock Exchange could grow by 10 to 15 % this year. Also, they say the potential calculated is based on the estimates on government credit, RON/EUR exchange rate and yield … [Read more...]
Ionut Costea, EximBank: Economic Growth Can Be Brought By European Money
May 9, 2011 By Leave a Comment
EximBank president Ionut Costea believes that in this period of time the main focus must be on stepping up absorption of European funds. This can have a substantial contribution to resumption of economic … [Read more...]
Romania’s GDP Estimates This Year Improved By Oxford Economics To 1.2%
May 5, 2011 By Leave a Comment
This year, Romania’s gross domestic product (GDP) growth estimate for 2011 has been modified by analysts of the British institute Oxford Economics from 0.1 % to 1.2 %. The change is due to optimistic … [Read more...]
Would Orange Leave Romania?
May 4, 2011 By Leave a Comment
Gervais Pellissier is France Telecom's chief financial officer. He said that as one of the largest communications companies in Europe, France Telecom could decide to sell its "smaller operations" in Romania, … [Read more...]
OECD: Japan’s GDP Growth At 0.8% This Year
April 26, 2011 By Leave a Comment
The Organization for Economic Cooperation and Development said that, because of the earthquake and tsunami that devastated parts of the country, growth in Japan’s gross domestic product (GDP) will slow … [Read more...]
Exports Keep Growing In February
April 12, 2011 By Leave a Comment
In February, Romania’s exports continued to grow reaching EUR 3.4 billion. At the same time imports posted a lower growth rate when compared to the one registered the month before. According to data … [Read more...]
Monthly Growth Is Slowing Down
April 10, 2011 By Leave a Comment
Starting from the last quarter of 2010, the monthly growth pace of provisions started to slow down. In February, provision expenses reached Ron 203 Million (Euro 48Million), half the January level. Since … [Read more...]
Romania’s Real Estate Market Still Weakened
March 29, 2011 By Leave a Comment
This year, Romania's weakened real estate market will mark an upward trend. The effects of the financial crisis continue to be felt. Experts say that the outlook for real estate market in Romania may be … [Read more...]
