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Romania Could Adopt Euro in 2027-2028, PM Says
Romania hopes to join the euro area waiting room in 2024-2025 and adopt the single European currency 2027–2028, prime minister Florin Citu said in a televised interview Thursday evening.
Bilka Steel Aims for Over RON1B Revenue in 2021
Metal roofing manufacturer Bilka Steel seeks to end the year with more than RON1 billion revenue, after having come close to that level in 2020, owner Horatiu Tepes says.
Macromex Eyes 4% Higher Turnover, Of RON750M, In 2020
Macromex, one of the largest food distributors on the Romanian market, closed 2019 with a turnover of RON720 million (nearly EUR152 million), up 6% year-over-year, according to company data.
Pepco Seeks to Grow to 500 Stores, EUR1B Sales in Romania in Five Years
Retailer Pepco has almost 250 stores in Romania and 1 billion lei (EUR220 milion) sales, which makes it the first fashion brand in Romania to achieve this sales figure, beating Zara and H&M.
Profi Aims For 2,500 Stores in Romania By 2023
Retail chain Profi, held by buyout investor Mid Europa Partners, set out to grow to 2,500 stores by 2023, after having overshot the 1,000 store mark this May.
dm drogerie markt Eyes Double-Digit Growth In 2019; Seeks To Open At Least Ten New Stores
German retailer dm drogerie markt has 102 stores in Romania’s main cities and it ended 2018 with a turnover of RON415 million (EUR89 million), after a 22% increase versus 2017, according to...
Senior Software Eyes 20% Higher Turnover, Of Nearly RON29M, In 2019
Business software solutions provider Senior Software plans to boost its turnover by 20% in 2019, to nearly RON29 million. In 2018, the company’s turnover grew 28% to over RON24 million, agai...
Online Socks Store madammitza.ro Eyes 40% Higher Sales In 2018
Madamitza.ro, the online store specialized in selling colored socks, targets a 40% surge in sales in 2018 and its overall revenues are expected to reach nearly EUR30,000. In 2017, the online...
Alevia Eyes 10-15% Higher Turnover In 2018
Dietary supplements producer Alevia, held by entrepreneur Florin Mitocaru, targets a 10-15% increase in turnover in 2018, by launching new production facilities and expanding its portfolio a...