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Inditex Sales Up 7% to RON1.8B in Romania in 2019
Spanish-held group Inditex posed almost 250 million lei net profit in Romania last year, which means its net margin was 13%, one of the highest in the retail sector.
Dermo-Cosmetics Sales in Romania Down 18.5% in 2Q, to EUR12M
Romanians bought RON58.6 million (EUR12 million) worth of dermo-cosmetics in pharmacies in the second quarter of 2020, down 18.5% in the year.
Dacia Vehicle Sales Plunge Over 46%, Dacia Light Commercial Vehicle Sales Drop 39% In 1H/2020
Romanian carmaker Automobile Dacia, owned by France's Renault, saw a 46.6% decline in vehicle sales, to 195,767 units from 366,861 units, and a 39.4% decrease in sales of light commercial ve...
Auchan Sales Stagnate Below RON5.5B in 2019
French-held Auchan group, which has been operating in Romania for almost 15 years, posted a turnover of RON5.48 billion in 2019, up just 1.3% on the year.
Arctic Sales Grow in Almost All European Markets Despite Pandemic
Home appliances manufacturer Arctic, owned by Turkey's Arcelik, which has two plants in Romania, said its sales grew in almost all European markets despite the pandemic.
Ivatherm Posts 46% Higher Sales In Jan-May 2020; Expects 50% Sales Growth, To RON20M, End-2020
Romanian dermo-cosmetics manufacturer Ivatherm reported a 46% increase in sales in January-May 2020, and expects a 50% growth in sales end-2020.
Penny Market Posts 53% Growth in Net Profit in Romania in 2019
German-owned discount retail chain Penny Market reported a turnover of RON3.96 billion for 2019, up 15% on the year, while its net profit grew 53%, to RON55.15 million.
Nordis Group Sees 50% Higher Sales YoY In March-May 2020
Nordis Group, a real estate developer specialized in the construction of luxury properties, registered 47% higher sales year-on-year in March-May 2020, for the Nordis Mamaia 5***** mixed-use...
Retailer Profi Sales Rise 23% to Over RON7B in 2019
Grocery retailer Profi, which has more than 1,200 small format stores, posted growth of 23% in sales to RON7.2 billion last year, as a result of both expansion and a like-for-like increase,...