Romania
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eMAG Turnover In Romania Up 40% In 2016
eMAG, the biggest online store on the local market, registered an increase of 40% in turnover in 2016 in Romania, said Iulian Stanciu, CEO of the group with operations on several markets in...
CIECH Soda Romania Invested EUR3.3M In Compressor To Boost Factory’s Efficiency
CIECH Soda Romania, the production unit of CIECH Group, invested EUR3.3 million in a compressor imported from Germany, which was inaugurated on Wednesday.
Esop: Large IT&C Firms Expand Simultaneously In Several Romanian Cities
The total surface area of office space leased in 2016 outside of capital Bucharest rose to 71,560 square meters, 53% higher than in 2015, and Romanian cities of Timisoara, Iasi and Cluj hold...
C&A Posts Profit In Romania, Losses In Spain And Portugal
Clothing retailer C&A doubled its net profit in the last two years in Romania; on the other hand, the company announced it would close 23 stores and lay off 300 employees in Spain, as well a...
Vast Resources Invested Over $5M In Its Two Romanian Mines In 2016
UK-based mining company Vast Resources on Monday said it invested over $5.5 million in 2016 in the two Romanian mines it administers in Romania, in Baita Plai (Bihor County) and in Manaila (...
Euroins Romania Underwritings Up 22% In 2016, To EUR198M
Insurer Euroins Romania, undergoing financial recovery, underwrote premiums of EUR198 million in 2016, up 22% on the year, according to data released by Bulgarian group Eurohold, which owns...
GfK: Romania Ranks 33rd In “Purchasing Power Europe 2016” Ranking
Romania ranks 33rd in GfK’s “Purchasing Power Europe 2016” ranking, similar with 2015, with an average per-capita purchasing power of EUR4,181, representing approximately one third of the av...
British Giant Reckitt-Benckiser Posted Turnover Of RON400M In Romania In 2016
British giant Reckitt-Benckiser, which sells products such as Nurofen and Durex on the Romanian market, reached a turnover of RON410 million in 2016 (preliminary data), up 8.7% on the year.
Pioneer Hi Bred Romania Sales Up 7% To $84M In 2016
Pioneer Hi Bred Romania, which sells seeds for agriculture, reported sales of approximately $84 million in 2016, up 7% compared with the previous year, according to the company’s representat...