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Bilka Steel Ends 2019 with 31% Growth in Revenue to RON655M
Companies

Bilka Steel Ends 2019 with 31% Growth in Revenue to RON655M

Brasov-based roofing systems manufacturer Bilka Steel of Horatiu Tepes posted 655 million lei (EUR138 million) revenue in 2019, a 31% increase on 2018. The 2020 target is to overshoot the RO...

Loredana Frățilă-Cristescu · 16.01.2020 · 00:00 · 1 min
Electric Plus Bacau Expects 20% Rise in Revenue to RON160M in 2020
Companies

Electric Plus Bacau Expects 20% Rise in Revenue to RON160M in 2020

Bacau-based PVC trim, window rolling shades and garage door manufacturer Electric Plus has ended its best year ever, says owner Adrian Garmacea.

Loredana Frățilă-Cristescu · 15.01.2020 · 00:00 · 1 min
Travel Agency Paralela 45 Expects 15% Rise in Sales to EUR80M in 2020
Companies

Travel Agency Paralela 45 Expects 15% Rise in Sales to EUR80M in 2020

Travel agency Paralela 45 ended 2019 with EUR70 million sales and expects sales to grow by 15% this year.

Loredana Frățilă-Cristescu · 14.01.2020 · 00:00 · 1 min
Furniture Manufacturer Aramis Invest’s Revenue up 7% in 2019
Companies

Furniture Manufacturer Aramis Invest’s Revenue up 7% in 2019

Furniture manufacturer Aramis Invest in Baia Mare held by local entrepreneurs Vladimir Iacob and Marius Selescu ended 2019 with growth of 7% in revenue compared with the previous year, the d...

Loredana Frățilă-Cristescu · 13.01.2020 · 00:00 · 1 min
Leroy Merlin Sees Double Digit Growth in 2019, Expects It to Continue in 2020
Retail&Consumer

Leroy Merlin Sees Double Digit Growth in 2019, Expects It to Continue in 2020

French DIY retailer Leroy Merlin posted double digit rise in sales in Romania in 2019, a year CEO Frédéric Lamy describes as outstanding. As a result, the sales reached half a billion euros.

Loredana Frățilă-Cristescu · 09.01.2020 · 10:20 · 1 min
KEIA Mineral Water Bottler Ends 2019 with 18% Higher Revenue
Companies

KEIA Mineral Water Bottler Ends 2019 with 18% Higher Revenue

Nicoltana, the bottler of the KEIA and Izvorul dintre Brazi mineral water brands, ended 2019 with growth of 18% in revenue compared with 2018, the company says. Nicoltana posted 35.7 milion...

Loredana Frățilă-Cristescu · 09.01.2020 · 09:59 · 1 min
Euler Hermes: Romania Economy To Slow Down Growth Rate To 2.8% In 2020
Macroeconomics

Euler Hermes: Romania Economy To Slow Down Growth Rate To 2.8% In 2020

Romania’s economy will slow down its growth rate down to 2.8% in 2020, according to estimates by Euler Hermes analysts, in the context of falling global demand, continuous commercial tension...

Ecaterina Craciun · 08.01.2020 · 14:03 · 2 min
Romania’s Auto Market Returns to Sales of 200,000 Units a Year in 2019
Automotive

Romania’s Auto Market Returns to Sales of 200,000 Units a Year in 2019

Sales of vehicles on the local market stood at some 200,000 units last year for the first time in a decade, and were 7% higher than in 2018, according to ZF estimates based on the January-No...

Loredana Frățilă-Cristescu · 08.01.2020 · 09:00 · 1 min
Construction Materials Wholesaler Temad Revenue Up to Over EUR40M in 2019
Companies

Construction Materials Wholesaler Temad Revenue Up to Over EUR40M in 2019

Brasov-based construction materials wholesaler Temad saw its revenue up 7% to EUR40.3 million year -on-year in 2019.

Loredana Frățilă-Cristescu · 08.01.2020 · 09:00 · 1 min