expectations
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Centrofarm: Last year's results 10% below expectations
Dorin Catana, general manager of Centrofarm retail pharmacies, says that the lower-than-expected traffic in malls, where he has around 30 stores, allowed him to renegotiate rents for most locations, and yet pharmacies do not get the cuts other retailers enjoy...
TAROM below expectations after 7 months
TAROM, the largest airline operator on the local market, transported one million passengers in the first seven months of the year, 14% more than the same time last year, but less than the 20...
Petrom's profit doubles in H1, but fails to reach expectations
Petrom, the largest Romanian company, reported net profit worth 687 million RON (188.2 million euros) in the second quarter of the year, up 36% against the same time last year, whilst turnov...
Inflation beyond NBR's worst expectations
A rise in the price of citrus fruit and vegetable oil pushed the annual inflation rate to 8.63% in March, the highest since December 2005, according to the National Statistics Institute data...
Economy up 6% in 2007, above expectations
Economic growth stood at 6% in 2007, exceeding the expectations of analysts, who had forecast a 5.7% rate. This occurred after figures surpassed the performance recorded in the first nine mo...
Leasing market, beyond most upbeat expectations
The level of financing granted by leasing companies reached approximately 4.9 billion euros in 2007- way above the initial estimate of 4.2 billion euros, made earlier in the year. "Prelimina...
Eurisko's turnover exceeds expectations
Real estate consulting company Eurisko, one of the main players in its field on the Romanian market, posted turnover worth 14.3 million euros last year, up by over 100% against 2006, and int...
KFC: turnover surpasses expectations
Kentucky Fried Chicken (KFC) plans to double its domestic presence by 2010 with 25 new fast food outlets at a cost of between 0.5 and 1.2 million dollars per restaurant. "In Romania, KFC has...
Draxlmaier's labour costs exceed expectations
Representatives of the German producer Draxlmaier, the largest employer in the Romanian auto parts industry, believes the attractiveness of the domestic automotive industry is weakening for...