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Cemacon Cluj 9-Month Turnover Rises 2% To RON74M, Net Profit Doubles To RON13.8M
Romanian brick maker Cemacon Cluj (CEON.RO) registered a turnover of RON74 million in January-September 2017, up 2% from the year-earlier period, and its net profit doubled to RON13.8 millio...
Apparel Sales in Romania Headed To RON13B In 2018
Apparel sales in Romania will reach almost 13 billion lei (EUR2.82 billion) in next year, after having grown by more than 12% in 2016-2018. The market is dominated by international brands su...
Nestlé Romania Posts 11% Higher Turnover In January-September 2017
Nestlé Romania, one of the biggest players on the local sweets and coffee market, reported a year-on-year increase of 11% in turnover in January-September 2017.
Blue Air Passenger Traffic Up 46% In Jan-Sept
Blue Air, the largest Romanian privately-held airline saw a 46% increase in passenger traffic in the first three quarters of this year on the year-ago period.
Three-Month ROBOR Index Rises Rapidly, Hits 1.46% Thursday
The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, jumped to 1.46% on Thursday, after a massive jump of 9.6 points to 1.25% on Wednesday, centra...
GfK Romania: FMCG Sector Up 4.6% By Value In First Months Of 2017
Romania’s fast moving consumer goods (FMCG) sector rose 4.6% by value in the first months of 2017, compared with the same period a year before, according to a Kronberg study conducted by mar...
Romania’s Beer Market Rose Over 2% By Volume In January-July 2017
Romania’s beer market rose over 2% by volume in the first seven months of 2017, compared with the same period a year before, according to information provided by the Romanian Brewers Associa...
Pastry Shop Chain Fornetti Romania Posted 22% Higher Sales In 2016
Pastry shop chain Fornetti Romania registered a turnover of nearly RON163 million (EUR36 million) in 2016, up 22% from a year before, which is the company’s best result ever on the local mar...
Banca Transilvania Boosts Share Capital By Converting Bonds Into Stocks
Romanian lender Banca Transilvania (TLV.RO) has increased its share capital by RON3,483, to RON4.341 billion, by converting 3,537 bonds into stocks.