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Fashion Group LPP Headed to RON400M Sales After Budgeting 50% Growth
Polish-held fashion group LPP, which has been operating in Romania for more than a decade now, saw its local sales go up 43% to 273 million lei (EUR57 million) in 2018 and expects growth at...
Second Tier Fashion Retailers: 20 Brands Have 630 Stores and RON2.3B Sales
The clothing market is clearly dominated by three international giants - Inditex (Zara), H&M and Pepco, which have almost 400 stores and more than 3.5 billion lei (EUR760 milion) sales a yea...
Renault Commercial Roumanie Revenue Up to Over RON4B in 2018
The growth in the sales of SUVs led Renault Commercial Roumanie (RCR), Groupe Renault Romania’s sales division to more than 30% growth in revenue in 2018 compared with 2017 to more than 4 bi...
Discount Retailer Pepco Sales Up 35% to RON900M in 2018
Polish-held discount retail chain Pepco, which sells products at prices starting from 1.99 lei (EUR0.41) posted about 35% increase in sales to almost RON900 milion in 2018. The sales are mor...
Online Bookstore Libris.ro Eyes 30% Higher Sales, Of Over RON50M, In 2019
Online bookstore Libris.ro targets a 30% increase in sales, to over RON50 million, in 2019, after reporting a turnover of RON40 million in 2018, up 28% versus 2017.
Altex Sales Up to Over RON3.5B in 2018
Computer and electronics retailer Altex saw its sales grow by 8% to more than 3.5 billion lei (EUR735 million) in 2018, while profit rose by 30% to RON63.5 million year-on-year.
McDonald’s Sales Up 15% to RON780M in 2018
Fast food restaurant chain McDonald’s, the leader of the market in Romania, ended last year with 780 million lei (EUR164 million) sales, some 15% higher than in 2017. McDonald’s sales have b...
Sphera Franchise Group 1Q Sales Grow 26%, Profit Slumps 90%
Sphera Franchise Group, which manages over 100 restaurants under the KFC, Pizza Hut and Taco Bell brands, said Wednesday its consolidated sales grew 26% in the first quarter, to RON214.7 mil...
Huawei Accounted for 25% of Smartphone Sales in Romania in March
The local subsidiary of China’s Huawei sold more than one quarter of the total number of smartphones purchased in Romania in March, which is its best performance since its arrival in this co...