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Lukoil Romania Revenue Shrinks 20% in 2020
Lukoil Romania, the company that operates the retail business and the 320 gas stations of Russia’s Lukoil group in Romania, ended last year with RON5.9 billion (some EUR1.23 billion) revenue...
Samsung Romania Revenue Shrinks 4% to RON4.9B in 2020
The pandemic caused the first decline in revenue for South Korea’s Samsung in Romania to some RON4.9 billion (EUR1 billion) in 2020, about 4% lower than in 2019. This is, however, the second...
Pipe Manufacturer Silcotub Zalau Revenue Shrinks 31% to RON1.65B in 2020
Industrial pipe manufacturer Silcotub Zalau, part of the Tenaris group of Italy’s Roca family, posted RON1.65 billion (EUR342.9 million) revenue last year, some 31% lower than the RON2.39 bi...
Deliveries to Romanian Police Helped Automobile Dacia Contain Sales Decline to Less Than 5% in Romania in 2020
Romania’s government public procurement in 2020 helped contain Automobile Dacia’s decline in sales on its home market to less than 5% compared with about 30% abroad.
Cora Sales Shrink 5.5% to RON1.6B in 2020
Retail chain Cora ended last year with RON1.6 billion sales, 5.5% lower than in 2019, ZF has calculated from publicly available data. The decline came amid the pandemic but as ZF found, Cora...
Repair Service Provider Electronics Support Division Sees 7% Decline in Revenue to RON103M in 2020
Mobile communications device repair service company Electronics Support Division (ESD) posted about RON103.3 million (EUR20.9 million) revenue in 2020, a decline of more than 7% year-on-year...
Chair Manufacturer Plimob Revenue Shrinks 10% to RON177M in 2020
Furniture manufacturer Plimob based in Sighetu Marmatiei (northern Romania), one of the major local supplies of chains to Sweden’s IKEA, posted RON177 million (EUR36.7 million) revenue last...
Rotar Park Residence Developer Revenue Shrinks to One Third of 2019 Level in 2020
Rotar Residence, the developer of the Rotar Park Residence complex in the western Bucharest district of Militari, saw a drop in revenue to RON40.8 million in 2020, one third of the 2019 leve...
Pandemic Drives Cosmetics Market to Less Than RON4B in Romania in 2020
The cosmetics market went down 13% in Romania during the pandemic and net sales dropped to less than RON4 billion. The pandemic interrupted a good time for perfume, makeup and care product s...