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Romanian Auto Market Grows 9.3% YoY In January-October 2019
New vehicle sales in Romania grew 9.3% on the year in January-October 2019, to 167,401 units, data from the Automotive Manufacturers and Importers Association (APIA) showed Friday.
Ten Most Profitable Banks in Romania Posted RON6.6B Profit in 2018, Triple 2009 Level
The ten most profitable banks in Romania posted 6.64 billion lei (EUR1.39 billion) profit last year, 3.5 times higher than their profit a decade ago, in 2009, Trade Register data supplied to...
Discount Retailers Doubled Market Share in Romania in 2011-2018
Discount store chains increased their market share to about 9% by the end of last year, from only 5.2% seven years earlier. The local market, along with Poland, saw the highest growth rate i...
Telekom Romania Group Revenue Up 7.4% YoY To EUR244M In Q3/2019
Telekom Romania group, consisting of the former Cosmote and Romtelecom, reported 7.4% higher revenues, of EUR243.5 million, year-over-year in the third quarter of 2019, against the backdrop...
Top Ten Sporting Goods Retailers in Romania Saw 2% to 67% Growth in Sales in 2018
Romanians spend more than EUR600 milion on bicycles, fitness equipment, and sports gear every year, with the money going to either specialist single or multi-brand stores, hypermarket chains...
PowerNet Consulting Expects RON11M Revenue by Yearend
Romanian-owned PowerNet Consulting, which specializes in providing IT security services and solutions, expects to end the year with more than 11 million lei (EUR2.3 million) revenue, more th...
Bilka Steel Nine-Month Sales Higher Than in Entire 2018
Metallic roofing manufacturer Bilka Steel in Brasov, held by businessman Horatiu Tepes, posted higher sales in the first nine months of 2019 than in the entire last year. The sales in Januar...
Carrefour Sales Up to Over EUR1.6B in Romania in Jan-Sep
French-held Carrefour, which has been operating in Romania since 2001, posted more than EUR1.6 billion sales in this country in the first nine months, almost 8% more than in the same time in...
Dairy Market Leader Albalact Sees RON620M Sales in 2018
Albalact, the largest actor on the 5 billion lei (EUR1.2 billion) dairy market in Romania, ended 2018 with RON620 million revenue, up 5% on the previous years, Finance Ministry data show. Th...