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Selgros Sees Sales Up 3% to RON3.83B in 2019
Companies

Selgros Sees Sales Up 3% to RON3.83B in 2019

Cash & carry chain Selgros, which owns 23 stores in Romania, ended 2019 with more than RON3.83 billion (EUR808.3 million) sales, 3% higher than in 2018, ZF has calculated from Finance Minist...

Loredana Frățilă-Cristescu · 07.05.2020 · 10:05 · 1 min
Hochland Sales Up Over 50% In March
Companies

Hochland Sales Up Over 50% In March

March was surprising for the entire fast-moving consumer goods industry and the sales of Hochland saw fast paced growth compared with last year, says Erik Hageleit, CEO of Hochland Romania,...

Loredana Frățilă-Cristescu · 15.04.2020 · 09:43 · 1 min
FrieslandCampina Romania: Demand Up 30% To 50%
Companies

FrieslandCampina Romania: Demand Up 30% To 50%

Demand is rising amid the COVID-19 pandemic and will continue to, says Razvan Orbulescu, marketing director of FrieslandCampina Romania, the producer of the Romanian dairy brand Napolact.

Loredana Frățilă-Cristescu · 07.04.2020 · 09:43 · 1 min
Lactalis Sees Over 100% Rise In Orders Of UHT Milk And Butter
Companies

Lactalis Sees Over 100% Rise In Orders Of UHT Milk And Butter

Lactalis Romania, the largest dairy business in the country, has seen an over 100% increase in orders of UHT milk and butter lately, because the two products have longer shelf lives (butter...

Loredana Frățilă-Cristescu · 03.04.2020 · 09:44 · 1 min
Hakim Boutehra, Renault: Appetite For Electric Cars In Romania On The Rise
Automotive

Hakim Boutehra, Renault: Appetite For Electric Cars In Romania On The Rise

Sales of electric cars are estimated to double to more than 3,000 units in 2020, like they did in 2019, following the support from the Rabla Plus scheme, which offers a EUR10,000 voucher, as...

Loredana Frățilă-Cristescu · 05.02.2020 · 00:00 · 1 min
Brewer Albrau Increased Exports 42% in 2019
Companies

Brewer Albrau Increased Exports 42% in 2019

Albrau Prod, one of the largest independent brewers in Romania, ended 2018 with 6% higher revenue than in 2018, some 35.6 million lei (about EUR7.5 million), ZF has calculated based on the d...

Loredana Frățilă-Cristescu · 27.01.2020 · 06:00 · 1 min
Romanians Saved More Than RON124.5B in Banks in 2019
Banks-Insurance

Romanians Saved More Than RON124.5B in Banks in 2019

Romanian individuals made leu and euro deposits worth 124.5 billion lei in the first eleven months of 2019, 8.3% more than in the year-earlier period, Romania’s central bank data show.

Loredana Frățilă-Cristescu · 24.01.2020 · 10:14 · 1 min
Porsche Romania Sees Over EUR700M Sales in 2019
Automotive

Porsche Romania Sees Over EUR700M Sales in 2019

Porsche Romania, the largest importer in the country, ended 2019 with 35,332 vehicles delivered, 7% more than in the previous year, according to the company data.

Loredana Frățilă-Cristescu · 20.01.2020 · 07:00 · 1 min
Bucharest Stock Exchange Main Index BET Overshoots 10,000-Point Mark For First Time Since 2007
Capital Market

Bucharest Stock Exchange Main Index BET Overshoots 10,000-Point Mark For First Time Since 2007

Bucharest Stock Exchange’s main index BET overshot the 10,000-point mark on January 13, 2020, for the first time since October 2007, ZF has found from Bucharest Stock Exchange data.

Loredana Frățilă-Cristescu · 14.01.2020 · 00:00 · 1 min