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Romanian Durable Goods Market Drops 2% in 1Q/2019
The Romanian durable goods market declined 2% on the year in the first quarter, to EUR700 million, a GfK TEMAX survey showed Wednesday.
Four Insurers Account for 75% of Comprehensive Car Insurance Sales
About 75% of the sales of comprehensive car insurance on the local market come from four major companies – Omniasig, Alllianz-Tiriac, Groupama and Generali. Total gross written premiums of t...
L’Oréal Romania: 2018 Our Best Year Ever
L’Oréal Romania, which imports and distributes cosmetics but also has its own retail operations, had its best year ever in 2018. Sales saw double-digit growth to more than 400 million lei (E...
Online Retailer Cel.Ro Sales Up 6% to RON271M in 2018
Corsar Online, which runs cel.ro, one of the largest online stores in Romania, ended 2018 with 271 million lei (EUR57 million) sales, up 6.3% over the previous year, largely because of the s...
Top Three Actors on Romania’s Ice Cream Market Account for 60% of Sales
Romanian consumers spend EUR200 million on ice cream a year, and the market is controlled by the major players. There are seven major players in Romania getting most of the sales, i.e. 85% t...
70% Of Smartphones Purchased in Romania in 2018 Sold by Two Companies
Samsung and Huawei’s subsidiaries sold about 70% of the smartphones purchased in Romania in 2018, an increase of almost 20% over 2016, which shows local users chose more expensive phones fro...
Farmacia Tei Sales Up 32% In Q1
Farmacia Tei, a retail pharmacy business held by entrepreneur Roxana Maftei, ended the first quarter of 2019 with 135 million lei (EUR29 million) sales, up 32% on the year-ago period, its of...
Cremeria Emilia Sees Revenue Up To EUR4M In 2018
Romanian-German-held Cremeria Emilia ended 2018 with EUR4 million revenue from nine locations after three years in business.
Mobile Device Distributor Phonetastic Sales up 36% to EUR52M in 2018
Mobile phone, tablet and accessories distributor Phonetastic GSM, one of the largest local actors, which also operates on other markets in Europe, posted growth of more than 36% in sales to...