growth
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Vienna Institute sees 4.5% growth
Romania and Bulgaria will see Gross Domestic Product growth of 4% to 5% in 2003 and 2004, as forecast by the Vienna Institute for International Economic Studies (WIIW), quoted by France Pres...
IMF experts arrive in Romania to put a damper on credit growth
The trade deficit getting out of hand, worsened by massive imports financed by credits and the inflation inflammation, these are the biggest risks of the lending engines operating in full ge...
La Fourmi eyes 25% growth
Supermarket chain La Fourmi forecasts a 25% growth in 2003 sales, up to 15m euros, as it will open another two stores this fall. The company also entered the catering and home-delivery segme...
Sales of Romanian-made cars resume growth
The Romanian auto market has survived the "generation change" at Dacia and resumed the increasing trend recorded over the past two years. In the first quarter, sales matched the level posted...
Honeywell posts spectacular growth on Romanian market
The small company established five years ago on the Romanian market by the powerful American industrial group Honeywell is about to become an industrial giant in Southeastern Europe. The Buc...
Financial analysts find 4.4% economic growth rate puzzling
The National Statistics Institute yesterday disclosed Romania's economic growth rate in the first quarter: 4.4%. This figure immediately raised suspicions among analysts, as the industry is...
Alprom expects 15% growth
Furniture maker Alprom Pitesti estimates to make $22.4 million turnover this year, 15% more than in 2002, economic manager Violeta Anton told Ziarul Financiar. The sales were slow to progres...
Unita Turism posts surprising growth
Unita Turism, one of the largest hotel owners in the country posted Q1 revenue "growth higher than expected", albeit the industry saw a serious recoil in the first two months of the year, as...
18% growth for Interamerican
Interamerican, the Romanian branch of one of the leading Greek insurers logged underwritten premiums worth 139.7bn ROL in Q1, this year, up 38% in ROL from the same time last year. Consideri...