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Miele Romania: Jan-Oct Better Than Expected, With 41% Growth
This year has been a year of change, but home appliances manufacturer Miele saw growth again in Romania, says Loredana Butnaru, the executive who runs Miele’s local operations.
Dm Drogerie Markt Chain Sales Up 5.5% to Over RON500M in Financial 2020
German retailer dm drogerie markt has seen sales up 5.5% in Romania in the financial 2020 that ended on September 30. The sales in October 2019 – September 2020 reached 525 million lei.
Kärcher Expects Rise in Revenue in Romania Despite Sales Decline During Lockdown
Kärcher Romania, the company handling sales for the German vacuum cleaner and cleaning equipment manufacturer to local customers, will end the year with an over EUR22 million revenue, higher...
Computer and Electronics Industry Seems Immune to Pandemic
The computer and electronics industry put at EUR3.5 billion last year seems to be immune to the pandemic considering people are no longer spending money on vacations, on going out or on clot...
Fashion Days Expects Over 60% Higher Sales in Romania in 2020
Fashion Days, the largest online fashion retailer in Romania, expects to end the year with some 550 million lei sales on the local market, an increase of more than 60% on the previous year,...
Local Grocery Store Chains Growing Faster Than International Rivals in Romania
Sales of local supermarkets, i.e. of those part of chains held by local entrepreneurs, rose 17% in May-October, which is the fastest rate of all analyzed by market research company RetailZoo...
Teva’s Sindan Pharma Revenue Reaches RON160M in 2019
Israeli Teva group owned Sindan Pharma pharmaceutical plant in Bucharest posted 160 million lei revenue in 2019, an increase of RON64 million on the previous year, Finance Ministry data show...
Consumer Appetite for Mortgage Loans Remains High
Romanian consumers took out almost 1.26 billion lei (EUR260 million) worth of new mortgage loans in lei in September, the second highest level in the first nine months of 2020, and 4% higher...
Online Grocery and Household & Personal Care Product Sales Could Reach EUR1B by 2025
Online sales of groceries and personal and household care products could reach EUR1 billion by 2025 or 4% of the total market, ZF has calculated from the estimates of the Bringo delivery pla...