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Banatim sees 86bn ROL sales
Footwear company Banatim Timisoara, an entirely Romanian-held business, expects to see turnover in ROL up 7.5% this year, considering it has gained two new foreign clients: Rieker (Germany)...
Samus Mex sees $16.5m revenues
Dej-based furniture producer Samus Mex, member of the Mobexpert Group posted 446bn ROL ($13.5 million) turnover last year, up 22% from the previous year. It estimates to make 610.36bn ROL ($...
Fitch sees 4.5% economic growth
International rating agency Fitch expects 2003 to bring solid economic performance for Romania, forecasting a 4.5% GDP increase, down from the 4.7% growth estimated for last year. "The GDP g...
M.J. Maillis sees 45% higher sales
Packaging and packing equipment maker M.J. Maillis Romania set out to attain nearly 352bn ROL (10 million euros) in sales this year, 45% more than last year's turnover. The profit is suppose...
MasterCard sees strong growth
The Central and Eastern European markets, Romania included, will continue to see increasingly more credit cards issued in the next few years, with the trading volume set to increase as well,...
Aventis Romania sees 18% increase
French drugmaker Aventis Pharma is betting on $23-24m sales this year on the Romanian market, up from last year's $19.5 million. "This is indeed an ambitious target, considering we are not e...
Farmache sees $1m daily
The Stock Exchange management estimates the daily average value of transactions to range between 30-36 billion ROL for the remaining 250 days of 2003, Stere Farmache, general manager of the...
CFR Calatori sees business shrink in 2003
Railway passenger carrier CFR Calatori SA posted approximately 10,000bn ROL (about $302 million) turnover in 2002 and registered losses, general manager Valentin Bota told Ziarul Financiar....
Teleconstructia sees business shrink
Teleconstructia Bucharest, a company specialising in telecommunication constructions, posted $21.5 million turnover last year, with gross profit reaching $2 million, executive manager Bogdan...