MARKET
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Six Expats And Four Romanians Run A RON50B Market In Romania
Ten Romanian and foreign executives run the local modern grocery retailers, which make an about 50 billion lei (almost EUR11 billion) market and have more than 75,000 employees.
Domestic Flights Eat Into CFR Calatori’s Market Share
The four airlines (Tarom, Blue Air, Wizz Air and Ryanair) offering domestic flights carried almost 900,000 people last year, an increase of 77% on 2015, according to Eurostat data.
Specialist Stores Account For Less Than One Third Of Romania’s Cosmetics Market
Romania’s cosmetics market is different than the markets in the countries in the region, Czech Republic, Hungary and Poland. While specialist cosmetics stores are the most popular sales chan...
Sett Paving Market Reached Nearly EUR85M In 2016, Similar With 2015 Level
The sett paving market reached nearly EUR85 million in 2016 and a volume of products delivered of nearly 3.2 million meters, according to Sebastian Bobu, Chief Executive Officer of Symmetric...
Starbucks Leader Of Romanian Café And Bar Market
US Starbucks brand ended last year with 76.5 million lei (almost EUR17 million) sales in Romania, up almost 40% on 2015. The chain includes almost 30 cafés and accounted for 2% of the local...
Raiffeisen Bank International CEO: Romania Is A Core Market For Us
Romania has a tremendous growth potential, offers good opportunities, is a core market for Austria’s Raiffeisen banking group and is one of the three countries where it wants to grow more th...
Wizz Air CEO: Romania, One Of The Best Markets In The Region
Romania is one of the best and most dynamic markets in the region for low-cost airline Wizz Air, the local market leader, which will continue to expand its operations on the Bucharest airpor...
Romania’s Beer Market Flat On Year In 2016, At 15.8 Mln Hectoliters
Beer volumes in Romania stayed at 15.8 million in 2016, a level reached in 2015 as well.
Razvan Diratian, Avon: Romania’s Cosmetics Market Reaches Some EUR1.2-1.3B
Romania’s cosmetic products market reached nearly EUR1.2-1.3 billion, according to Razvan Diratian, the Romanian executive running the Avon business, a company with a 10% share in total sale...