growth
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Authorities finally admit growth in 2005 much lower than expected
Premier Calin Popescu-Tariceanu and vice-premier Gheorghe Pogea yesterday admitted that the main macroeconomic targets set for 2005 were not met. "The economic growth was of only 4.2%-4.5%,...
Ice-cream maker Alpin sees 20% growth
Alpin 57 Lux, a company based in Alba Iulia and one of the main ice cream producers on the domestic market, estimates turnover to reach 10 million euros this year, an increase of 25% on 2005...
Electroaparataj sees 20% growth
Low voltage equipment manufacturer Electroaparataj Bucharest, listed on the Bucharest Stock Exchange, is expecting a 20% growth in turnover, mainly because of the merger with similar compani...
Zaharul Oradea sees 10% growth
Zaharul Oradea, one of the top three players on the domestic sugar market, estimates 10% growth in turnover, to 31 million euros for this year. It concluded 2005 with 28 million-euro turnove...
Porsche Romania still sees growth
The biggest domestic car importer anticipates sales will rise this year to 35,000 units, despite some players'' predictions that the market will fall. Porsche Romania, the domestic importer...
Mobexpert sees extensive growth
The chairman of Mobexpert, the biggest domestic player on the furniture market, says he managed to offset the negative effects of last year''s euro depreciation by redirecting production fro...
OTP expects sixfold growth this year
Hungarian OTP Group expects the business of its bank and insurance company in Romania to grow by five or six times, OTP Bank Romania''s general manager Frigyes Harshegyi says. The volume of...
Totalgaz officials see at least 15% growth
Totalgaz Iasi, a manufacturer of industrial measurement, regulation and control equipment, last year registered turnover worth 35.5 million RON (9.8 million euros), down 21% from the previou...
Arcom boasts 13% growth
The constructions firm saw turnover exceed estimates by 13% in 2005, up to 34 million euros. "Last year''s financial results were made possible by the investments we made during the year, as...