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Vodafone Romania Net Profit Up 5% To EUR42M In 2016
Vodafone Romania, the second largest player on the local mobile telephony market, on Wednesday said it registered a net profit of RON189.3 million (EUR42.15 million) in 2016, up 4.8% on the...
ARMO: E-Commerce In Romania Expected To Top EUR2.5B In 2017 And To Double By 2020
Romania’s e-commerce is expected to exceed EUR2.5 billion in 2017 and has potential to double by value until 2020, according to estimates by the Association of Romanian Online Stores (ARMO).
Furniture Manufacturer Aramis Invest Revenue Up 27% To EUR186M In 2016
Aramis Invest, the largest Romanian-held manufacturer and exporter of furniture, ended last year with 838.3 million lei (EUR186 million) revenue, an increase of 27% on 2015.
Revenue Of Digi Communications Group Up 13.5% To EUR226M In 1Q/2017
Digi Communications group reported revenue of EUR226.7 million in January-March 2017, except the revenue between segments and other revenue, up 13.5% compared with EUR199.8 million in the ye...
Bosch Ends 2016 Fiscal Year, In Romania, With 22% Higher Turnover, Of RON1.5B
German Group Bosch ended the 2016 fiscal year with a turnover of nearly RON1.5 billion (EUR332 million) in consolidated sales in Romania, seeing a significant increase of 22% compared with t...
Ropharma CEO: Romania’s Pharmaceutical Market Seen Growing Up To 5-6% In Coming Years
Romania’s pharmaceutical market is expected to grow by up to 5-6% in the upcoming years, as it became a more predictable business than it was before the 2000s, Mihai Miron, CEO of pharmaceut...
Liberty Center Reaches Occupancy Rate Of Over 70%, Announces New Store Openings
The occupancy rate of shopping center Liberty Center exceeded 70% in the last six months after attracting new tenants for 18% of the center’s surface area and is expected to be over 80% occu...
EximBank Reports Nearly EUR110M Turnover From Factoring Operations In 2016
Romania’s state-run lender EximBank registered a turnover of nearly EUR110 million from factoring operations in 2016, up 76% on the year, climbing two spots versus 2015, to the second positi...
MedLife 1Q Turnover Up 26% At RON147M
MedLife (M.RO), the leading private healthcare services provider in Romania, posted a 26.4% increase in turnover on the year, to RON146.9 million, in January-March 2017.