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Survey: Natural Gas Market Is Booming, But Its Future Is Less Promising
Energy

Survey: Natural Gas Market Is Booming, But Its Future Is Less Promising

The natural gas market is booming, but its future is less promising because non-polluting energy sources will be desired, as per a Coface survey released Tuesday.

Ecaterina Craciun · 16.07.2019 · 19:36 · 2 min
Nicoleta Gerea, Suzuki: Romania’s Auto Market to Grow by 10% in 2019
Automotive

Nicoleta Gerea, Suzuki: Romania’s Auto Market to Grow by 10% in 2019

Suzuki sales in Romania rose by almost 23% in 2018 over 2017 and reached almost 4,200 cars. The best-selling model was the Vitara SUV, nearly 2,300 units, 15% more than in the previous year....

Loredana Frățilă-Cristescu · 16.07.2019 · 09:00 · 1 min
Deloitte: Romania’s M&A Market At EUR1.4B–EUR1.6B In 2Q/2019
Companies

Deloitte: Romania’s M&A Market At EUR1.4B–EUR1.6B In 2Q/2019

According to Deloitte estimates, the total value of the Romanian mergers and acquisitions (M&A) market, including transactions with undisclosed value, was EUR1.4 billion to EUR1.6 billion in...

Ecaterina Craciun · 09.07.2019 · 14:34 · 2 min
Leroy Merlin: DIY Market in Romania Has Potential to Double to EUR8B
Retail&Consumer

Leroy Merlin: DIY Market in Romania Has Potential to Double to EUR8B

The do-it-yourself retail market put at EUR4 billion has the potential to easily double in the next few years, believes Frederic Lamy, CEO of DIY retailer Leroy Merlin Romania.

Loredana Frățilă-Cristescu · 27.06.2019 · 10:59 · 1 min
IT&C Wholesaler ELKO Set to Expand into New Market Segments
Technology &Telecoms

IT&C Wholesaler ELKO Set to Expand into New Market Segments

Latvia’s ELKO group will expand from the traditional IT equipment wholesale business to new market segments in Romania, as well, adding gadgets like smartphones and electric mobility solutio...

Loredana Frățilă-Cristescu · 11.06.2019 · 09:00 · 1 min
Romanian Spa & Wellness Market at EUR314M in 2018
Companies

Romanian Spa & Wellness Market at EUR314M in 2018

The Romanian spa resort and wellness market generated a turnover of approximately EUR314 million, industry specialists said.

Oana Gavrila · 05.06.2019 · 11:30 · 1 min
Bog’Art Takes the Top Spot on Construction Market in Romania
Companies

Bog’Art Takes the Top Spot on Construction Market in Romania

Construction company Bog’Art, held by businessman Raul Doicescu, increased revenue by 90% to 925.5 million lei (EUR195 million) in 2018, according to the data published on the Finance Minist...

Loredana Frățilă-Cristescu · 03.06.2019 · 10:00 · 1 min
JLL Sees Real Estate Transactions Reaching EUR1.2B in 2019
Real Estate

JLL Sees Real Estate Transactions Reaching EUR1.2B in 2019

The number and volume of projects under negotiation set the premises for a better year than 2018, and the volume of transactions could reach approximately EUR1.2 billion, real estate consult...

Oana Gavrila · 23.05.2019 · 10:26 · 2 min
Sporting Goods Market Up to EUR450M in 2018
Analysis

Sporting Goods Market Up to EUR450M in 2018

Romanian consumers spent almost EUR450 million on bicycles, gym apparel and mountain equipment last year, so the sporting goods market increased by 12.5% over 2017 and more than 50% over 201...

Loredana Frățilă-Cristescu · 20.05.2019 · 00:00 · 1 min