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H&M Sales In Romania Up 14% In 2016, To RON760M
Swedish apparel retailer Hennes & Mauritz (H&M), which operates more than 50 stores in Romania, reported a net profit of nearly RON14 million locally, in 2016, up only 3% on the year, and sa...
RE/MAX: Home Prices In Romania Expected To Rise Nearly 10% By End-2017
Home prices in Romania will keep their upward trend and are expected to go up by 8-10% by the end of 2017, compared with 2016, while rental rates in urban areas will see an increase of 7-10%...
Wizz Air Carried 1.45 Mln Passengers On Routes In Romania In 1Q/2017, Up 34% On Year
Wizz Air, the biggest airliner on the Romanian market, on Thursday said it carried 1.45 million passengers on its routes in Romania in the first quarter of 2017, 34% more than in the year-ea...
Hödlmayr Romania 2016 Turnover Up 10% To EUR36M
Hödlmayr Romania, the local division of Austrian company Hödlmayr specialized in auto transport logistics, registered a turnover of EUR36 million, up 10% on the year, the company said in a s...
Dacia 2016 Turnover Up 8.35% To EUR4.6B
Renault-owned carmaker Automobile Dacia registered a turnover of EUR4.6 billion (RON20.765 million) in 2016, up 8.35% from EUR4.2 billion in 2015, according to the management report released...
Labor Minister: Public Workers’ Wages To Go Up By 25% As Of January 1, 2018
Romanian Labor Minister Lia Olguta Vasilescu said Monday evening that all wages of public workers would increase by 25%, as of January 1, 2018, arguing the "perverse effect" of wage raises i...
Network One Distribution 2016 Turnover Up 7% To RON994M
Network One Distribution (NOD), the biggest player on the Romanian IT&C distribution market, controlled by entrepreneur Iulian Stanciu, registered a turnover of RON993.6 million (EUR221.3 mi...
Aerostar Bacau 2016 Turnover Up 8% To RON356M
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) reported a turnover of RON356.2 million in 2016, up 8% on the year, and a net profit of RON56.4 million, compared with...
SIF Banat-Crisana Profit Up 26% To RON5.4M In 1Q/2017
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) registered a net profit of RON5.39 million in the first quarter of 2017, up 26% against the same period a year before.