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Winemaker Cotnari Sales Flat at RON143M in 2020, Profit Shrinks
Romania’s third largest winemaker Cotnari posted almost RON143 million revenue in 2020, about the same as in 2019 but the net profit shrank 20% to RON3.5 million, financial analysis platform...
Romanian Beer Market Stable in 2020, at 16.75 Million Hectoliters
Romania’s beer market remained stable in 2020, with a slight growth of 0.5% in volume compared with 2019, to 16.75 million hectoliters, the Romanian Brewers Association said Tuesday.
Huawei Sales in Romania Grow 12% in 2020
Huawei Consumer Business Group reported 12% annual growth in sales in Romania in 2020, with over one million smartphones sold.
Sales of Hand Sanitizer Surge 900% in 2020
Sales of hand sanitizer went up 900% in 2020 compared with the previous year. Romanian consumers spent some EUR7.5 million on such products last year, compared with only EUR750,000 in 2019,...
Dona Group Turnover Grows 9% in 2020, to RON1.48B
Pharmaceutical wholesaler and retailer group Dona, owned by Eugen Banciu, had a consolidated turnover of RON1.48 billion in 2020, up 9% on the year.
Lego Romania Sees Double-Digit Growth in Sales in 2020
The surge in demand for toys in 2020 as the pandemic kept people indoors led to a rise in the sales of the companies in this business, and Lego even posted 13% growth globally, the company’s...
Epson Romania Home Printer Sales Surge in 2020
The Romanian printer market increased by more than 36% in volume last year, driven by the surge in demand for home printers, following the shift to working from home.
Zentiva Climbs to Third Place Among Pharmaceutical Companies by Sales in Romania in 2020
The strategy adopted at the onset of the pandemic to boost production capacity for drugs in demand drove local pharmaceutical manufacturer Zentiva to third place among the largest pharmaceut...
Denmark’s Rockwool Posts RON113M Revenue in 2020
Denmark’s Rockwool, which has a mineral wool plant in Aricestii Rahtivani, Prahova, ended 2020 with 18% rise in sales on the Romanian market to some RON113 million from the RON96 million of...