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BT Chief Economist: Romania’s Construction Sector To See Annual Average Rise Of 4.4% In 2017-2019
Romania’s construction sector is expected to see an annual average increase of 4.4% between 2017 and 2019, amid perspectives of continuing the post-crisis economic cycle, eliminating the spe...
Bittnet Systems Hikes Share Capital To RON1.45M
IT training services provider Bittnet Systems (BNET.RO), listed on the alternative trading system (AeRO) of the Bucharest Stock Exchange, hiked its share capital by 1,000,974 shares with a f...
ANRE: Romania To Raise Household Gas Prices By 5%; Market To Be Fully Liberalized As Of April 1
Romania’s natural gas market will be fully liberalized as of April 1, which also implies an increase of 5-6% in natural gas prices for household consumers, Niculae Havrilet, the head of Roma...
Tractor Maker IRUM Reghin Sales Up 15% In 2016
Forestry and agricultural machinery manufacturer IRUM Reghin, held by the Oltean family, announced a 15% increase in revenue in 2016 compared with 2015, when it posted 68.2 million lei (EUR1...
Cegedim: Romania’s Pharmaceutical Market Up 10% To RON12.9B In 2016
Total sales of pharmaceutical drugs in Romania rose 10.3% on the year in 2016, to RON12.9 billion, and over the-counter (OTC) drugs kept their positive trend, accounting for 22% of the total...
Fashion Days 2016 Turnover Up Nearly 30% To RON136M
Fashion Days, one of the top retailers on the Romanian online fashion market, registered a 29% higher turnover in Romania, in 2016, to RON136 million.
Telekom Romania Overshoots 2 Million Mobile Telephony Subscription-Mark, For First Time
Telekom Romania group ended 2016 with a 6% increase in the number of subscriptions for mobile telephony services up to 2.007 million contracts, according to data released by the majority sha...
Telekom Romania 2016 Revenue Rose Slightly To EUR985M
Telekom Romania group, which comprises the former companies Cosmote and Romtelecom, reported total revenue of EUR985 million in 2016, higher by EUR1 million (0.1%) than in the previous year,...
Rodbun Targets EUR100M Turnover Until 2020, Counting On Annual Increases Of 10%
Agribusiness group of firms Rodbun, held by Romanian entrepreneurs Daniel Muntean and Alexandru Iancu, reached a turnover of EUR72 million in 2016 and 500 employees.