forecasts
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Most optimistic forecasts put euro at 4.1 RON this summer
The RON has its chance of following the last few years' tradition of strengthening during the summer, especially since there is no more pressure from importers and from speculators on foreign currency purchases, according to dealers and analysts.
Farmexim revises forecasts for 2008
Businessman Ovidiu Buluc, in charge of drug distributor Farmexim, which derived turnover worth almost 150m euros last year decided in the third quarter of 2008 to restructure the company and...
IKEA sells 40 million euros' worth of decorations at Baneasa store
Furniture and interior decorations retailer IKEA, which operates only one store in Romania, posted sales worth 99.4 million euros on the domestic market from September 2007 through to August...
Match Point in Cluj forecasts 5m-euro turnover
Match Point, the largest manufacturer of matches on the local market, forecasts a 2.8 million-euro for this year, up 47% on last year
Universal McCann forecasts 73m-euro turnover this year
Universal McCann, the media division of the McCann Erickson advertising group, expects to end the year with turnover worth over 73m euros, up 40% on last year. Mihai Trandafir, managing dire...
McDonald's distributor forecasts 41m-euro turnover
Romdis, a distributor whose operations are 70% dedicated to McDonald's business, estimates turnover worth 150 million RON (around 41 million euros) this year, after it witnessed a 43% increa...
Gloomy forecasts for credit insurance market
The future of credit insurance looks dim, after having been a thriving business for insurers for many years. Players expect the market to stall, just like last year, or contract, whilst it d...
Tiriac Holdings forecasts 2.2bn-euro turnover, up 37.5%
Tiriac Holdings, which operates in the automotive, real estate, leasing and air transport (VIP charter flights) sectors, forecasts business worth approximately 2.2 billion euros this year, a...
Raiffeisen forecasts sudden change in banking landscape
The banking system could undergo a "sudden change" of landscape in the coming period, given that the overall population is underbanked, while there are too many banking branches in urban are...