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Sales Of AFI Palace Cotroceni Retailers Up 14% To Over EUR55M In 1Q/2016
AFI Europe Romania registered a net operating income (NOI) of RON10.8 million in January-March 2016, from its income-generating assets in Romania, which translates into an increase of 12.2 %...
2015, First Year With Four Retailers With Over EUR1B Sales
Expansion, food VAT cut and the rebound of consumer spending were the growth drivers of retailers’ sales last year, which went up by as much as 40%, a record level like in the boom years.
Allview Eyes 10% Sales Growth In 2016
Allview brand, which sells smartphones, tablets and other gadgets, sold one million units last year, and estimates a 10% sales growth in 2016, Lucian Peticila, Allview general manager, told...
VEM Proiect Lighting Sales Up 21% To EUR4M IN 2015
VEM Proiect Lighting, the electrics division of Menatwork group, registered sales of EUR4 million in 2015, up 21% on the year, the company said in a statement on MONday.
Altex Expects Sales To Go Beyond EUR500M In 2016
Altex, the largest local computer and electronics retailer, expects to see more than half a billion euro sales this year, following a rise in consumer spending and rival Domo leaving the mar...
Samsung Romania Sales Up 19% In 2015
The local subsidiary of South Korea’s Samsung, which accounted for almost half the smartphone and TV set sales in Romania last year, posted growth of 19% in revenue to 3.3 billion (EUR734 mi...
Kaufland Becomes Third Largest Company In Romania
German-held Kaufland saw a 33% rise in sales to EUR2.4 billion in 2015, which makes it the first retailer in Romania’s economy to overshoot the EUR2 billion mark, following steady growth yea...
Coca-Cola HBC Romania Sales Up 16% In 2015
Coca-Cola HBC Romania, the largest soft drinks bottler in the country, posted more than 2.1 billion lei (EUR468 million) sales in 2015, an increase of 16% on 2014. Last year was its best in...
LEM’S Furniture Sales Up 32% In 1Q/2016
Romanian furniture chain store LEM'S, operated by furniture producer Lemet Campina, registered 32% higher sales on the year in the first quarter of 2016, following a 9.4% increase in turnove...