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Profi Expects 25% Growth In H2
Retail&Consumer

Profi Expects 25% Growth In H2

Retailer Profi, held by buyout investor Mid Europa Partners, posted growth of 25% in sales in the first half compared with the year-ago period and budgeted the same growth pace for the secon...

Loredana Frățilă-Cristescu · 18.07.2018 · 09:14 · 1 min
Allview: Revenue Halved Because We Dropped Cheap Smartphones From Our Product Lineup
Technology &Telecoms

Allview: Revenue Halved Because We Dropped Cheap Smartphones From Our Product Lineup

The sales of Visual Fan (Allview) in Brasov saw an abrupt decline from 306 million lei (EUR66 million) to RON157 million in 2017, mainly due to the decision to drop the cheap smartphones fro...

Loredana Frățilă-Cristescu · 17.07.2018 · 12:58 · 1 min
Vitacom Electronics Sells RON25M Worth Of Electronic Products In 1H/2018, 17% More YOY
Companies

Vitacom Electronics Sells RON25M Worth Of Electronic Products In 1H/2018, 17% More YOY

Cluj-based importer and distributor of electronic products and accessories Vitacom Electronics reported sales of RON25.3 million in the first half of 2018, nearly 17% higher than in the same...

Ecaterina Craciun · 16.07.2018 · 16:37 · 1 min
City Insurance And Euroins Sales Down In Q1
Banks-Insurance

City Insurance And Euroins Sales Down In Q1

The first quarter of 2018 witnessed surprising trends in terms of sales of insurers specializing in auto liability insurance (RCA), as companies like City Insurance and Euroins posted more t...

Loredana Frățilă-Cristescu · 12.07.2018 · 11:26 · 1 min
Fashion Retailer New Yorker Sales Up 16.5% To RON273.2M In 2017
Retail&Consumer

Fashion Retailer New Yorker Sales Up 16.5% To RON273.2M In 2017

NY’ER Romania, based in Cluj-Napoca, which operates the New Yorker stores in Romania, posted 273.2 million lei (EUR59.8 million) revenue in 2017, 16.5% higher than in 2016, ZF has calculated...

Loredana Frățilă-Cristescu · 10.07.2018 · 10:02 · 1 min
Market Deregulation Helps Enel Overtake Electrica By Electricity Sales
Energy

Market Deregulation Helps Enel Overtake Electrica By Electricity Sales

The amount of electricity supplied to the household consumers who decided to switch providers and move into the competitive area tripled in the first quarter compared with the year-ago perio...

Loredana Frățilă-Cristescu · 10.07.2018 · 00:00 · 1 min
Online Commerce Generates 5% Of L’Oréal’s Sales In Romania
Companies

Online Commerce Generates 5% Of L’Oréal’s Sales In Romania

Digitalization has created a lot of development opportunities for the cosmetics industry businesses and companies in the sector are relying on online commerce and promotion through social ne...

Loredana Frățilă-Cristescu · 09.07.2018 · 11:08 · 1 min
PC Garage Sees Sales Up 22% In 2017, Overtakes Cel.Ro
Technology &Telecoms

PC Garage Sees Sales Up 22% In 2017, Overtakes Cel.Ro

PC Garage, which runs one of the largest online computer and electronics products stores in Romania and became part of the eMAG group last year, posted growth of 22% in sales to 261.4 millio...

Loredana Frățilă-Cristescu · 09.07.2018 · 09:48 · 1 min
Shopping City Suceava Retail Sales Grow 13.5% in 2017
Retail&Consumer

Shopping City Suceava Retail Sales Grow 13.5% in 2017

Retail center Shopping City Suceava, developed by investment fund Argo Real Estate in April 2008 in a EUR70 million investment, had over 4.2 million visitors in 2017, up 6% on the year, and...

Oana Gavrila · 05.07.2018 · 13:33 · 1 min