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Romanian Software Market Up 5.7% On Year To EUR572.3M In 2012
The Romanian software market rose 5.7% on the year to EUR572.3 million in 2012, according to a survey conducted by the National Software Industry Association (ANIS) and IDC Romania.
Holcim To Return To Profit Despite Slight Turnover Decline
Cement producer Holcim Romania, the local subsidiary of Swiss group Holcim, will return to profit this year after last year it posted losses for the first time in more than a decade, of arou...
Linking Excises To Inflation To Reduce Beer Consumption - Association
Indexing excise duties for the average annual inflation will reduce consumption and will lower state revenue collections, according to the Romanian Brewers Association.
Biofarm 9-Month Sales Up 11% On Year To RON85.5M
Romanian pharmaceutical company Biofarm (BIO.RO) said Monday it registered sales of 85.5 million lei (EUR19.4 million) in the first nine months of 2013, up about 11% on the year, and 7% high...
Asmita Judicial Administrator Sold Apartments For EUR10.2M In Two Years
The judicial administrator of residential compound Asmita Gardens said Monday it sold 113 apartments for a total EUR10.2 million in two years.
Leonardo Starts Selling Clothes And Home Care Products To Improve Profitability
Romania’s largest footwear retailer Leonardo will start selling clothes, cosmetics and home care products in its too large, non-profitable stores in a move to optimize its financial results...
Winemaker Vincon Vrancea Expects 5%-7% Lower Sales In 2013
Romanian wine maker Vincon Vrancea estimates a 5% to 7% decrease in sales in 2013, to nearly EUR27 million, due to higher costs with raw material and a decline in purchasing power, Dan Danes...
Lafarge’s Cement Sales In Romania Down 15% On Year In January-September
French group Lafarge’s cement sales in Romania declined around 15% in January-September, on the backdrop of lower investments in infrastructure and fierce competition on the construction mar...
Top Three Beer Brands See EUR300M Sales
Timisoreana (SABMiller), Bucegi (Heineken) and Ciucas (SABMiller) the three best-selling beer brands in Romania posted more than EUR300 million sales together last year, according to ZF’s es...