RISE
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Passenger Traffic on Henri Coanda Airport Rising Slowly
Monthly traffic on the Henri Coanda (Otopeni) Airport in Bucharest in the last few months has been one third of what it was the same time a year ago, National Company Bucharest Airports data...
Cerealcom Dolj Profit Triples to RON19M in 2019
Cerealcom Dolj, one of the largest grain and oilseeds farming businesses in Romania, tripled profit to 19 million lei (EUR13.9 million) in 2019, while revenue reached RON679 million (EUR142...
Raffaello Shoes Factory Doubles Profit to RON7.2M in 2019
Raffaello Shoes Factory, the largest shoe manufacturer in Romania, posted more than 7.2 milion lei (EUR1.5 million) net profit in 2019, 2.2 times higher than in 2018, when it stood at some R...
Danone Romania Sees 75% Rise in Net Profit to RON28.8M in 2019
Danone Romania, the leader of the local yogurt market, ended last year with 612 million lei (some EUR125 million) revenue, an increase of 10% on 2018, Finance Ministry data show. The net pro...
Lenders’ Margin Rises 5.76% in June
Banks in Romania had a margin (spread between interests on new leu loans and the interests on new leu deposits) of 4.91% to 6.31% in the first half, down from the first half 2019, but compar...
Number of Insolvencies Skyrockets in June
The number of insolvencies rose by up to 50% in June and July, compared with the year-ago period.
Bebe Tei Chain Sales Rise 35% to RON354M in 2019
Baby product supermarket Bebe Tei, which entered the market as a spinoff of Farmacia Tei in 2014, posted 354 million lei sales with its four stores in Bucharest and Constanta in 2019.
Romania Video Games Market Headed Towards RON560M Sales in 2020
Sales of video games could grow by 11% in Romania in 2020 compared with 2019, market research company Euromonitor says, and the growth rate will be double on this market segment, amid the lo...
Retail Pharmacy Chain Dona Overshoots RON1B Revenue Mark in 2019
Retail pharmacy chain Dona, held by entrepreneur Eugen Banciu, overshot the RON1 billion revenue mark in 2019, 27 years after being established. The 2019 revenue was 5% higher than in 2018,...