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Astra Rail Industries Sales Up 15% In 2016
Automotive

Astra Rail Industries Sales Up 15% In 2016

Rolling stock manufacturer Astra Rail Industries, which owns Astra Vagoane Arad, Romvag (Caracal) and Meva (Turnu Severin) railroad car plants in business for more than 100 years, ended last...

Loredana Frățilă-Cristescu · 25.04.2017 · 00:00 · 1 min
TP-Link Sales Up More Than 20% To RON40M In 2016
Technology &Telecoms

TP-Link Sales Up More Than 20% To RON40M In 2016

TP Link, one of the world’s largest providers of networking equipment, saw its revenue rise by about 22% to almost 40 million lei (EUR9 million) in Romania in 2016, as the market in the coun...

Loredana Frățilă-Cristescu · 24.04.2017 · 00:00 · 1 min
Praktiker Romania Sales Up 3% In 2016
Retail&Consumer

Praktiker Romania Sales Up 3% In 2016

Do-it-yourself retailer Praktiker Romania reported 3% higher sales last year, while the company’s turnover stood at EUR137 million, similar with 2015.

Gabriela Stan · 19.04.2017 · 13:45 · 1 min
Cris-Tim Headed Towards EUR150M Sales In 2017 After 12% Growth In Q1
Companies

Cris-Tim Headed Towards EUR150M Sales In 2017 After 12% Growth In Q1

Cris-Tim, one of the largest groups in the local food industry, ended the first quarter with an increase of 12% in sales compared with the year-ago period, in line with its projections.

Loredana Frățilă-Cristescu · 19.04.2017 · 00:00 · 1 min
2016 Truck Sales At Highest Level Since 2009
Automotive

2016 Truck Sales At Highest Level Since 2009

Utility vehicle sales are a very good indicator of the state of the local economy and last year’s data show the market reached the highest level since 2009. It now only needs to break the re...

Loredana Frățilă-Cristescu · 18.04.2017 · 09:56 · 2 min
Cafea Fortuna Headed Towards EUR38M Revenue
Companies

Cafea Fortuna Headed Towards EUR38M Revenue

Cafea Fortuna, the largest Romanian business in the coffee industry, ended last year with about 160 million lei (EUR35.5 million) revenue, an increase of 2% on the previous year, according t...

Loredana Frățilă-Cristescu · 18.04.2017 · 09:53 · 1 min
PET Bottled Beer Sales Down In 2016
Companies

PET Bottled Beer Sales Down In 2016

The share of PET (plastic bottle) packaging in the beer sales dropped two percent to 51.5% last year, which is the steepest decline of the segment in the past twelve years, ZF has found from...

Loredana Frățilă-Cristescu · 13.04.2017 · 09:59 · 1 min
Private Label Products Up To Almost 25% Of Modern Retail Sales
Retail&Consumer

Private Label Products Up To Almost 25% Of Modern Retail Sales

Retailers sold EUR2.2 billion to EUR2.4 billion worth of private label products last year. Private labels now account for almost one quarter of the total sales of modern retail, going from 1...

Loredana Frățilă-Cristescu · 13.04.2017 · 00:00 · 2 min
Private Health Insurance Sales Up 64% In 2016
Banks-Insurance

Private Health Insurance Sales Up 64% In 2016

Private health insurance niche was the star of the local insurance market last year, as gross written premiums increase by about 64% to 173 million (EUR38.4 million), Financial Supervisory A...

Loredana Frățilă-Cristescu · 11.04.2017 · 00:00 · 1 min