Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
Nestle Set to Double Activity in Romania in Next 5-10 Years
Leszek Wacirz, country manager at Nestle Romania, says the company wants to double its activity locally in the next 5-10 years, both through organic growth, through the product mix and via p...
McDonald’s Romania Likely to Near Record High RON1.2B Turnover in 2021
McDonald’s Romania, the largest restaurant chain on the local market, saw turnover go up by almost 40% in 1H/2021 to EUR110 million and should the pace be maintained, the company’s turnover...
Electrolux Boosts Production Capacity at Satu Mare Plant
Home appliances manufacturer Electrolux in 2021 invested in a new technology in the category of induction hobs, resulting in a boost to production capacity, to 1 million items.
Ten Most Valuable Companies in Romania Worth EUR56.5B in 2021
The ten most valuable companies in Romania’s economy are valued at EUR56.5 billion in 2021, over 90% more than last year.
Jidvei Expects RON200M Wine Sales in 2021
Maria Necsulescu, Jidvei deputy general manager, expects RON200 million turnover from wine sales alone in 2021.
Tohani Romania Expects 25-30% Turnover Growth in 2021 YOY
Virgil Mandru, owner and CEO or Tohani Romania, expects to end 2021 with a turnover increase of around 25-30% against 2020.
Battle in EUR200-250M Online Food Retail Heating Up
E-commerce in 2020 came to account for around 1% in total food and consumer goods sales in Romania. Against a market of around EUR20 billion, online sales can be put at some EUR200 million i...
Fashion Retailer C&A Hits RON364M Turnover in 2020, Down 30% YOY
Fashion retailer C&A, active on the low-price segment and one of the biggest players on Romania’s fashion market, reached RON364 million turnover last year, down 30% in the pandemic.
Interstar Chim 2021 Turnover Set to Drop YoY But To Top 2019 Level
2021 will bring a turnover decline for Interstar Chim against the first pandemic year, as disinfectant demand declined, but the figure will go beyond the level of 2019, the last year before...
Penny Eyes 15% Higher Turnover, Of Almost RON5.5B, in 2021
2021 has topped initial expectations for Penny Romania, despite the pandemic and inflation that hurt companies in various fields, so that the retail is poised to see turnover go up by around...
Wine Producer Castel Mimi Ends 2020 with EUR2.5M Turnover
Wine producer Castel Mimi of the Republic of Moldova ended 2020 with turnover worth EUR2.5 million.
Avon Sees Turnover Slide 20% in 2020, to RON373M, YOY
Cosmetics company Avon, one of the biggest players on Romania’s cosmetics market, reached turnover worth above RON373 million in 2020, down 20% against the pre-pandemic year.