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Online Fashion Retailer Answear Expects 20% Growth in Sales in 2023
Retail&Consumer

Online Fashion Retailer Answear Expects 20% Growth in Sales in 2023

Polish-held online retailer Answear, which has a presence in Romania since 2015, aims to increase local sales by 20% this year compared with 2022, when its biggest growth, 40% was recorded i...

Loredana Frățilă-Cristescu · 02.02.2023 · 18:15 · 1 min
Online Store Complice.Ro Reaches EUR430,000 Sales
Technology &Telecoms

Online Store Complice.Ro Reaches EUR430,000 Sales

Online shop Complice.ro, which specializes in selling experience-based gifts, managed to exceed its revenue target last year, posting EUR430,000 sales, an increase of 168% on 2021.

Loredana Frățilă-Cristescu · 25.01.2023 · 22:17 · 1 min
Leroy Merlin Sees RON3.4B Sales in 2022
Retail&Consumer

Leroy Merlin Sees RON3.4B Sales in 2022

Leroy Merlin, a top three player on the Romanian DIY market by revenue, posted RON3.4 billion sales in 2022, which translates into an increase of more than 30% compared with the previous yea...

Loredana Frățilă-Cristescu · 11.01.2023 · 22:33 · 1 min
Bookstore Chain Carturesti Ends 2022 with EUR55M Sales
Retail&Consumer

Bookstore Chain Carturesti Ends 2022 with EUR55M Sales

Bookstore chain Carturesti, held by Nicoleta Dumitru and Serban Radu, ended 2022 with EUR55 million sales and expects growth of 10% to 20% in 2023, its officials say.

Loredana Frățilă-Cristescu · 10.01.2023 · 21:34 · 1 min
Gusto Puffs Maker Phoenixy Expects 20% Rise in Sales in 2023
Companies

Gusto Puffs Maker Phoenixy Expects 20% Rise in Sales in 2023

Last year was a year of extremes for Gusto puffs maker Phoenixy, with unexpected opportunities to boost sales in countries never considered before, when production and revenue went up a lot,...

Loredana Frățilă-Cristescu · 05.01.2023 · 22:44 · 1 min
Romanian Consumers Spent RON2.2B on Cold Cuts in H1
Analysis

Romanian Consumers Spent RON2.2B on Cold Cuts in H1

Romanians spend RON4.3 billion on cold cuts a year, an indicator that has increased in the last few years and first half data of research company Market Vector show a slight rise of 2.2%.

Loredana Frățilă-Cristescu · 21.12.2022 · 23:13 · 1 min
Major Footwear Retailers' Sales in Romania 6.5% Lower in 2021 than in 2019
Analysis

Major Footwear Retailers' Sales in Romania 6.5% Lower in 2021 than in 2019

Romanians spent EUR261 million in the top ten footwear store chains in Romania last year. The amount is 6.5% lower than in the benchmark year 2019, the last year before the pandemic, accordi...

Loredana Frățilă-Cristescu · 12.12.2022 · 22:25 · 1 min
eMAG’s Black Friday Sales Up RON35M to RON644M in 2022
Retail&Consumer

eMAG’s Black Friday Sales Up RON35M to RON644M in 2022

eMAG, the largest online retailer in Romania and the companies operating on its marketplace, sold products and services worth RON644 million on November 11, in the 12th Black Friday campaign...

Loredana Frățilă-Cristescu · 15.11.2022 · 00:00 · 1 min
Biofarm Posts 20% Higher Net Profit and 17% Higher Sales in Jan-Sep
Capital Market

Biofarm Posts 20% Higher Net Profit and 17% Higher Sales in Jan-Sep

Drug manufacturer Biofarm (BIO.RO) recorded a net profit of RON65.7 million in the first nine months of 2022, an increase of 20% on the previous year, according to ZF calculations based on d...

Loredana Frățilă-Cristescu · 14.11.2022 · 19:04 · 1 min