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Purcari Reports 9% Higher Sales YoY In 1Q/2020, Due To 36% Growth In Romania
Winemaker Purcari (WINE.RO) said in a presentation to investors that its sales grew 9% on the year in the first quarter of 2020. According to ZF calculations, Purcari sales reached nearly RO...
Answear.ro: Sales Up 10% In March-April; Online Fashion Market, Valued At EUR250M In 2018, May Double In 2020
Polish online fashion retailer Answear.ro reported nearly 10% increases in sales between March 1 and April 20, 2020, compared with the same period in 2019, due to consumption moving to the o...
Romanian Beer Market Stable in 2019, at 16.7 Million Hectoliters
Romania’s beer market remained constant in 2019, at around 16.7 million hectoliters, just 0.4% higher than in 2018, the Romanian Brewers Association said Wednesday.
Hochland Sales Up Over 50% In March
March was surprising for the entire fast-moving consumer goods industry and the sales of Hochland saw fast paced growth compared with last year, says Erik Hageleit, CEO of Hochland Romania,...
Beer Market Affected By Restaurant Closure And Postponement Of European Football Championship
The beer industry, which has seen a rebound after the crisis years and the many Romanians leaving the country cut consumption, could see a decline this year due to the closing the hotels, ba...
Romania’s Computer And Electronics Market Could Revert To 2014-2015 Level This Year
Romania’s computer and electronics market will go down this year, and the decline may be as serious as 30% to 50%, due to the COVID-19 pandemic, ending seven years of growth in a row.
KeysFin: Romania Food Retailers’ Sales To Double Growth Rate In 2020, Nearing RON125B At Year-End
Sales of food retailers in Romania will double their growth rate in 2020 and will be nearing RON125 billion at the end of the year, marking a record high, as per a KeysFin analysis.
Winemaker Cramele Recas Won’t Stop Investments, Works With Two Scenarios
Winemaker Cramele Recas, one of the largest actors on the wine market in Romania and the largest wine exporter in the country, has devised two scenarios amid the current COVID-19 pandemic. T...
The Surge Before The Freeze: Romania Smartphone Market Up Almost 20% In Value In Jan And Feb
Romania’s smartphone market had stated the year with several percent rise in the number of units delivered and a significant rise in value, almost 20% before the coronavirus struck and the e...