BUSINESS
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Billa’s Brand “Bun, din Romania!“ May Reach 5% Business Share In Two Years
Romanian brand “Bun, din România!“, launched in 2014 by supermarket chain Billa, part of German retail group REWE, may post total sales of EUR15 to EUR20 million over the next two years, acc...
First Private Sector Managers Of Post-Communist Romania Start Their Own Businesses
The first private sector managers after the fall of communism in Romania are establishing their own businesses after having run multinationals starting out in Romania for ten or twenty years...
Execs Optimistic On Business Growth In 2015, Denounce Low Competitiveness – EY Report
Top executives in Romania are optimistic about the evolution of their business and economy this year, but complain about low competitiveness, according to a survey conducted by Ernst&Young.
Autovit Plans To Take EUR1M Loan For Expansion, Targets Different Business
The stockholders of Romanian car fair operator Autovit plan to take a EUR1 million loan to buy some lands in Bucharest and other area of the country in order to expand the company’s business...
Corporate Employees In Pipera Generate EUR20M/Year For Restaurants
Around 20,000 corporate employees in Pipera, northern capital city Bucharest, generate revenues of EUR20 to EUR25 million for restaurants in the area, according to an analysis of ZF.
Romania Has 454,000 Companies With EUR250B Revenue; Half Of It Comes From 1,200 Companies
• The revenue of the companies dropped by 25 billion lei (EUR5.6 billion) in 2013 compared with the previous year * Last year was the year with the highest net profit of the past three and w...
J’Info Tours: 2014 Economic Growth Did Not Show In Travel Business
J’Info Tours, a travel agency owned by Romanian entrepreneurs Carmen and Aurel Pavel, is expecting revenue growth of about 20% this year, after having ended last year with an increase of 15%...
New Generation Of Female Entrepreneurs: 11,000 Women Started Their Own Business In 2014
More than 11,000 women started their own business last year, bringing the number of female shareholders in Romanian companies to almost 420,000, according to a ZF analysis based on Trade Reg...
Romanian Executives See Falling Activity In Industry, Constructions Over Winter Season
Romanian managers predict activity in the manufacturing sector will moderately fall over the December-February period compared with the previous three months, with a significant decline expe...