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Liberty Center Visitor Traffic Up 12%, Sales Up 16% In 2017
Shopping center Liberty Center saw a year-on-year increase of 12% in visitor traffic in 2017, reaching four million visitors a year. Tenants’ sales rose 16% on the year in 2017, with the sho...
Vehicle Sales Reach EUR3B In 2017, Record High After 2008
The local auto market saw the highest sales volume after 2008 last year, higher than the 2009 level even, for the first time, despite the massive imports of used cars.
Diverta Targets 20% Growth in Sales in 2018, to EUR15M
Diverta, the Romanian bookstore chain owned by businessman Radu Octavian, ended 2017 with a turnover of EUR12.5 million and targets double-digit growth this year.
Smartphone Market Up To 4.5 Million Units In Romania In 2017
The number of smartphones sold in Romania last year went up by 9% to 4.5 million and the value of sales was even higher, 27%, as demand for premium models is on the rise.
Dacia Sold Over 655,000 Cars in 2017, Hold 29% Market Share in Romania
Romanian carmaker Dacia, owned by France's Renault, sold 655,235 cars in 2017, up 12.2 % on the year, and holds a 29% market share in Romania for new vehicle sales.
Elliot Sells 1.1% Of Fondul Proprietatea Share Capital Through Manchester Securities Corp
Manchester Securities Corp, the investment vehicle of American hedge fund management firm Elliot, the biggest shareholder of Romanian investment fund Fondul Proprietatea, sold a stake of 99...
Eurosport DHS’s Deva Plant Sells 300,000 Bicycles A Year, One Third Of Romania’s Production
Bicycle manufacturer Eurosport DHS based in Deva and held by Chinese and German investors exports more than half of its production to 24 markets in Europe and sells its products in stores th...
Duster Sales To Reach More Than EUR3B In 2017
Dacia Duster has become the growth driver of the Renault-owned Automobile Dacia’s plant in Mioveni, southern Romania, and the main Romanian product exported, making an impact not only on the...
Electronics Retailer Flanco Posts RON200M Black Friday Sales
Romanian electronics retailer Flanco Retail on Thursday said it registered sales of RON200 million during the seventh edition of the Black Friday sales campaign, up 30% compared with the pre...