quarter
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Economic growth could reach a record 10% in third quarter
The third quarter could see record economic growth for Romania - 10% or even higher, based on a peak contribution from the agricultural sector, which means GDP growth could come close to 9% at the end of the year, according to analysts estimates. Romania has n...
Terapia Ranbaxy sales resume growth in second quarter
The sales of Terapia Ranbaxy, part of the Indian Ranbaxy group, fell 14% in the first half of this year, compared with the corresponding period in 2007, and reached 57 million dollars (more...
Supply of new homes in Bucharest is a quarter of demand
Real estate developers will deliver around 40,000 new apartments onto the Bucharest market in the coming five or seven years, three times lower than the demand, estimated at 130,000 units, S...
Two deals revive real estate market in second quarter
Last year, real estate deals revolved around 2bn euros, however, the start of the year was poor in terms of the movement of assets, after several investors saw their funds dry up, while bank...
Marsh's turnover, up 82% in first quarter
Marsh, the local division of the largest insurance broker worldwide, ended the first quarter of this year with turnover worth 2 million euros, up 82% compared with the same time last year. I...
Petrom posts record profit in first quarter: 265 million euros
Petrom Bucharest (SNP), the largest company in Romania, posted record net profit in the first quarter, 977 million RON (265 million euros), 156% higher in RON than in the same time of last y...
A quarter of Audi clients choose sports version
Porsche Romania, the importer of Audi on the local market, has delivered nine units of the Audi S5 model (the sports version of the Audi A5 coupe), in the first three months of this year, wh...
PRO TV, $23.3m EBITDA in first quarter
PRO TV company, which includes television stations PRO TV, PRO CINEMA, ACASA, PRO TV INTERNATIONAL, sport.ro and MTV Romania, reported operating income (EBITDA) worth 23.3 million dollars in...
One quarter of new flats postponed for delivery until 2009
The number of new flats that will be delivered this year has gone down from 8,000 to approximately 6,000, reveals a ZF analysis, based on data collected for the first edition of the Ansamblu...