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Groupama Aiming For 10% Growth In Romania In 2017
The local subsidiary of French insurer Groupama set out to achieve 10% growth of gross written premiums this year, which means its revenue should go beyond one billion lei (EUR219 million)....
Furniture Maker Lemet Eyes Turnover Of Over RON300M In 2016
Lemet, one of the largest furniture manufacturers in Romania, expects a turnover of RON312 million in 2016, up over 10% compared with the results obtained in 2015.
Alro Slatina Expects RON2.2B Revenue In 2016
Romanian aluminum smelter Alro Slatina (ALR.RO) targets sales revenue of $548 million (RON2.192 billion) and a profit of $14 million (RON56 million) for 2016.
ERA Taps Romanian Real Estate Brokerage Market
American franchisor of residential real estate brokerage ERA entered the Romanian market and is hoping to reach a total 50 franchisees in three years and to have 100 brokers and agencies, in...
Fan Courier: Best Start Of The Year Since Onset Of Crisis
Fan Courier has met or even exceeded its targets so far, helped by the growing market, says Adrian Mihai, one of the shareholders of the largest private courier service company in Romania.
Auchan Misses EUR1B Target For Its First Year After Integrating Real Stores
Auchan Romania, one of the largest local retailers, posted 3.7 billion lei (EUR834 million) in sales last year, an increase of 64% on 2013, but much lower than the EUR1 billion target set fo...
Idea Bank Targets Top 10 In 2-3 Years Through Organic Growth And Acquisitions
Idea Bank, the new bank of Polish Getin Holding, built on the foundation of the former Romanian International Bank (RIB), which the group took over in late 2013, wants to make the top 10 in...
Regina Maria To Invest EUR4M In Expansion Next Year, Targets 20% Growth In Turnover
Private medical service provider Regina Maria will invest more than EUR4 million in network expansion in 2015 and estimates a 20% growth in turnover, a company official said Monday.
Actavis Romania Changed Business Model, Targets 25-30% Higher Turnover In 2014
Pharmaceutical company Actavis Romania has changed its business model over the last years, discarded its direct distribution operations, stabilized sales on the oncological segment and devel...