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Kaufland Headed To RON10B Sales After 17% Growth In H1
Kaufland was the fifth largest company in Romania’s economy last year, posting 9.2 billion lei (EUR2 billion) revenue. Sales of the German-held retailer went up 17% to RON4.8 billion in the...
Terapia Cluj: OTC Drugs Now Account For 50% Of Our Portfolio
Pharmaceutical drug manufacturer Terapia Cluj, a member of the Indian pharmaceutical group Sun Pharma, has boosted share of over-the-counter drugs to 50% of its product portfolio, double as...
Fashion House Outlet Center Sales Up 10% In January-June
Fashion House Outlet Center in Bucharest reported a 10.9% sales growth in the first six months of 2016, while the share of buyers in the total number of visitors rose 16% compared with the s...
Ghenea, PC Garage: No More Barriers Between Online And Offline Retail, Market Bigger Than EUR1.5B
Online sales in Romania are probably much higher than the estimated market, about EUR1.5 billion last year, because more and more retailers have both an offline and an online presence to be...
Romania, Kaufland’s Second Most Important Market In CEE
Romania has become the second most important market in Central and Eastern Europe for German-held retailer Kaufland, after beating Czech Republic by sales for the first time last year. Roman...
Signal Iduna Sold RON22M Worth Of Insurance Policies In 1H/2016
German Signal Iduna, the largest life insurance company on the Romanian market, sold insurance policies worth RON21.47 million (EUR4.8 million) in January-June 2016.
Top 30 Furniture Makers In Romania Saw EUR885M Sales In 2015
The 30 largest furniture manufacturers in Romania posted more than 3.9 billion lei (EUR885 million) sales in 2015, an increase of 6.5% on 2014, according to ZF’s calculations based on the Na...
Mobile Retailer Arsis Expects 8% To 9% Growth In 2016
Arsis Trading, the largest GSM retailer held by a Romanian entrepreneur, expects to see 8% to 9% growth in revenue this year from the 138 million lei (EUR31 million) in 2014, as a result of...
Sales Of Mobile Phones And Accessories Rose Over 25% In 1H, Topping Laptop Sales
Sales of mobile phones and accessories in Romania rose over 25% in the first half of 2016, while computer sales saw a decline of over 12%, according to according to a GfK TEMAX survey.