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Pet Food Market Immune to Crisis in Romania
The pet food and accessories market in Romania appears to be immune to the looming economic crisis, as specialist retailers continue development, even doing it at a fast clip, and when it co...
FMCG Sales Up 8% in H1, Amid 15% Inflation
Romanians spent 7.7% more on fast moving consumer goods (FMCG) in the first half compared with the year-ago period, but the increase was solely because of inflation, data of the GfK Consumer...
Romania Pharma Production Nears EUR1B in 2021, But Company Numbers Down
Romania’s drug production is based on 158 companies, which generated RON48 billion turnover in 2021, up 6% year-on-year. Yet, the number of companies operating on this market dropped and cur...
Dacia, Ford Head Toward Record High Production
Dacia and Ford in the first eight months 2022 churned out almost 330,400 cars, up 15.5% from the year-earlier period, with the growth pace speeding up from the 1H/2022 one. This is the highe...
Kärcher Targets EUR50M Sales in Romania in Coming Years, Double Current Level
Harmut Jenner, CEO of cleaning equipment manufacturer Kärcher, believes the business has the potential to double sales in coming years, to EUR50 million, amid business-to-business segment ac...
Sipex Makes RON8.4 Net Profit in H1
Sipex (stock symbol SPX), a construction materials and finishes distribution company, ended the first six months of 2022 with a net profit of RON8.4 million, up 49.6% compared with the first...
Impact Developer&Contractor in 1H/2022 Posts RON90M Revenues from Sold Properties, Up 31%, and RON14M Net Profit
Real estate developer Impact Developer&Contractor in the first six months of 2022 posted revenues from property sales worth RON90 million, up 31%, and net profit of RON14 million, compared w...
Sales of Green Cars Down in Europe, up over 100% in Romania in Q2
Sales of green cars, i.e., hybrids, BEVs/electrics and PHEVs/plug-in hybrids, in Europe's top ten car markets - Germany, France, Italy, Spain, the UK, Sweden, Norway, the Netherlands, Switze...
Antibiotice Iasi Sales up 54% to RON248M in H1
Romanian pharmaceutical manufacturer Antibiotice (ATB.RO) Iasi’s total revenue from sales reached RON248.1 million in the first half of 2022, up 54% on the RON161.4 million in the year-ago p...