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Private Labels Likely to “Bite” EUR1-2B from Major Brands’ Sales in 2022 Alone
Retail&Consumer

Private Labels Likely to “Bite” EUR1-2B from Major Brands’ Sales in 2022 Alone

Private labels developed by retailers, ever more present on shelves in recent years, are likely to “steal” sales of EUR1-2 billion from major brands in 2022, as Romanians are ever more parsi...

Cristina Roșca · 04.08.2022 · 09:58 · 1 min
Nestlé Romania Sales Up 12.6% YoY In 1H/2022
Companies

Nestlé Romania Sales Up 12.6% YoY In 1H/2022

Nestlé Romania, one of the largest companies on the local market of sweets, beverages and pet food, saw a 12.6% increase in sales in the first half of 2022.

Ecaterina Craciun · 28.07.2022 · 20:11 · 3 min
Freshful by eMAG Reaches 15,000 Clients per Month, Double April 2022 Level
Companies

Freshful by eMAG Reaches 15,000 Clients per Month, Double April 2022 Level

Freshful, one of the newest online hypermarkets on Romania’s market, a project developed by eMAG, leader of the local virtual retail sector, has reached the threshold of 15,000 clients per m...

Alexandra Matei · 22.07.2022 · 09:56 · 1 min
Nordis Group Sees RON123.7M Sales in H1
Real Estate

Nordis Group Sees RON123.7M Sales in H1

Nordis Group, a real estate developer of premium hotel and residential complexes, posted sales of RON123.7 million in the first half, as a result of the sale of 255 apartments in its four pr...

Loredana Frățilă-Cristescu · 21.07.2022 · 13:03 · 1 min
Euroins Romania Sales up to 1.2 Million Insurance Policies in Q1
Banks-Insurance

Euroins Romania Sales up to 1.2 Million Insurance Policies in Q1

Insurer Euroins Romania sold 1.2 million policies for all its insurance products in the first quarter of 2022, compared with 900,000 in the year-ago period and the number of customers increa...

Loredana Frățilă-Cristescu · 13.07.2022 · 18:22 · 1 min
Dacia’s Global Sales Up 5.9% YoY To 277,885 Units In 1H/2022
Automotive

Dacia’s Global Sales Up 5.9% YoY To 277,885 Units In 1H/2022

Romanian carmaker Automobile Dacia, owned by French group Renault, saw a 5.9% increase in its worldwide sales up to 277,885 vehicles in the first half of 2022 as compared to the same period...

Ecaterina Craciun · 12.07.2022 · 15:15 · 1 min
2Performant Handles EUR21M Sales Via Own Platform in 2Q/2022, Up 49% From 2Q/2021
Companies

2Performant Handles EUR21M Sales Via Own Platform in 2Q/2022, Up 49% From 2Q/2021

2Performant, the main player on Romania’s affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange (2P.RO), in the second quarter of 2022 posted 12,281 single us...

Cristina Bellu · 04.07.2022 · 10:59 · 1 min
Romania Accounts for Almost Half of E-Commerce Sales in Eastern Europe in 2021
Analysis

Romania Accounts for Almost Half of E-Commerce Sales in Eastern Europe in 2021

Romania recorded EUR6.2 billion in e-commerce sales last year, which is about half the level achieved by retailers in Eastern Europe, estimated at EUR14 billion, according to the European E-...

Loredana Frățilă-Cristescu · 30.06.2022 · 19:52 · 1 min
Retailer Smyk Romania Sees Sales up 70% in 2021
Retail&Consumer

Retailer Smyk Romania Sees Sales up 70% in 2021

Polish-held retailer of products for children Smyk All for Kids Romania posted RON90.5 million sales in 2021, 70% higher than in 2020 and expects the trend to continue in 2022, says general...

Loredana Frățilă-Cristescu · 21.06.2022 · 20:18 · 1 min