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Studio Moderna Sees EUR50M Sales In 2016
Retail&Consumer

Studio Moderna Sees EUR50M Sales In 2016

Studio Moderna, the Slovenian company that owns the Dormeo and Top Shop stores selling brands such as Dormeo (mattresses) and Delimano (pans), posted 222.4 million lei (EUR49.5 million) reve...

Loredana Frățilă-Cristescu · 15.06.2017 · 00:00 · 1 min
Apple Store Operator iStyle Sees Sales Double To EUR34M
Technology &Telecoms

Apple Store Operator iStyle Sees Sales Double To EUR34M

The sales of iStyle Retail SRL, the operator of the biggest Apple store chain in the region, doubled to 153 million lei (EUR34 million) last year, data available on the Finance Ministry webs...

Loredana Frățilă-Cristescu · 14.06.2017 · 00:00 · 1 min
IKEA Store in Romania Had Sales of EUR123.5M in 2016
Companies

IKEA Store in Romania Had Sales of EUR123.5M in 2016

The only Romanian store of Swedish furniture and home accessories retailer IKEA had sales of RON556 million (EUR123.5 million) last year and a net profit of EUR6.2 million, finance ministry...

Oana Gavrila · 09.06.2017 · 14:28 · 1 min
Arctic Doubled Revenue Since 2008, Headed To EUR500M
Companies

Arctic Doubled Revenue Since 2008, Headed To EUR500M

Arctic Gaesti, the largest local home appliances manufacturer, posted an increase in revenue by 12.5% to about EUR450 million last year. The company’s revenue doubled in 2008-2016, having gr...

Loredana Frățilă-Cristescu · 07.06.2017 · 00:00 · 1 min
SIF Moldova Sells 9 Mln Banca Transilvania Shares For RON26M; Reduces Stake To 6.9%
Banks-Insurance

SIF Moldova Sells 9 Mln Banca Transilvania Shares For RON26M; Reduces Stake To 6.9%

Romanian regional investment fund SIF Moldova (SIF2.RO) sold, on May 30, a stake of nine million shares of Banca Transilvania (TLV.RO), for RON2.94 per share, within a transaction brokered b...

Ecaterina Craciun · 31.05.2017 · 14:28 · 1 min
Furniture Retail Close To EUR1B In Romania
Retail&Consumer

Furniture Retail Close To EUR1B In Romania

Local furniture retail, a market that saw the first signs of a rebound in 2014, reached EUR963 million last year, up 13% on 2015.

Loredana Frățilă-Cristescu · 31.05.2017 · 00:00 · 1 min
Sales Of AFI Palace Cotroceni Retailers Down Nearly 2% To EUR54M In 1Q/2017
Real Estate

Sales Of AFI Palace Cotroceni Retailers Down Nearly 2% To EUR54M In 1Q/2017

Israeli group AFI Europe registered a net operating income (NOI) of EUR8.3 million at its Bucharest-based shopping mall AFI Palace Cotroceni, in January-March 2017, up 2.4% on the year, but...

Ecaterina Craciun · 23.05.2017 · 18:55 · 1 min
Polish Fashion Retailer Pepco Goes From Zero To RON335M Sales In Three Years
Retail&Consumer

Polish Fashion Retailer Pepco Goes From Zero To RON335M Sales In Three Years

Pepco Retail, the company operating the discount store chain by the same name, ended last year with 335 million lei (EUR74 million) sales, five times higher than in 2015. Pepco has already g...

Loredana Frățilă-Cristescu · 18.05.2017 · 00:00 · 1 min
Coca-Cola Sales In Romania Rose Nearly 5% In 1Q/2017
Retail&Consumer

Coca-Cola Sales In Romania Rose Nearly 5% In 1Q/2017

Coca-Cola HBC Romania, leader on the Romanian soft drinks market, registered nearly 5% higher sales volumes (mid-single digits) in the first quarter of 2017, which is the ninth consecutive q...

Ecaterina Craciun · 11.05.2017 · 14:39 · 1 min