growth
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Romania cannot take excess growth
The yields of the bonds issued by Romania will be higher than those in the EU if considering the economic growth by 4.5%-5.5% a year, higher than that expected in the European Union, Valenti...
Marshal Turism eyes 10% growth
Travel agency Marshal Turism logged 5% turnover growth in 2003, up to more than $15m, and envisions at least 10% growth this year, said Ion Antonescu, chairman of the agency. This would acco...
Alro-Alprom Group plans growth to $400 million
Metallurgical Alro-Alprom Group estimates to see sales up to $400 million in 2004, from the $350 million last year. The growth will be achieved once the production of both Alro and Alprom ha...
AIG sees steady growth
Insurer AIG Romania, a branch of the American International Group, ended 2003 with underwritten premiums worth $15.76m (523.3bn ROL) and net profit amounting to $2.68m, Mihnea Tobescu, the c...
20% growth for telecom market
The telecommunications market in Romania could witness 15-20% growth to $2.5bn this year, after the overall turnover of the companies in this industry reached $2.2bn in 2003, telecom analyst...
Miro Bank progresses toward growth
Miro Bank continues its expansion strategy on the Romanian market by broadening its banking product and service range besides enlarging its network. As of this year, Miro Bank has included R...
22% growth for Amadeus Romania
Amadeus Romania, a provider of technological solutions for tourism operators (travel agencies, airlines), at the end of last year saw 22% increase in the number of reservations to 841,500, w...
SIFs log growth, regardless of actual profits
The profits of some of the financial investment companies (SIF) underwent significant changes last month, going either up or down, compared to November. On the other hand, the SIF shares on...
Beer 2003: fierce competition over 12% growth
Following the surprising increase of nearly 12% in the total beer consumption in Romania in 2003, all the major brewers managed to conclude the year with higher sales than in 2002. The vario...