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Nemo Express Headed to RON150M Revenue in 2019
Nemo Express, one of the largest parcel delivery companies in Romania, is aiming for 150 million lei (EUR31.7 million) revenue in 2019, up from the RON138 million of 2018, the data supplied...
Selgros Sales up 8% in Romania in H1
Cash & carry retailer Selgros saw its sales up 8% in the first half of this year, following the growth of 2% in 2018.
Bankers Are Optimistic, Business Is Growing, Interests and Inflation Drop, Leu Is Stable
The turmoil on the local banking market has lessened, and bankers are optimistic about its future trend and expect growth in business, lower interests and inflation and a stability of the le...
Private Maternity Hospital Euromaterna Constanta Revenue up 15% to RON30M in 2018
Private obstetrics and gynecology hospital Euromaterna Constanta posted 30 million lei (EUR6.3 million) revenue in 2018, an increase of 15% on 2017, Finance Ministry data and ZF calculations...
Builder Petcu Construct Sees Revenue Up 13% To RON70M in 2018
Construction company Petcu Construct saw growth in revenue to 70 million lei (EUR15 million) revenue, an increase of 13% on 2017. Profit stood at almost RON2 million, up from the less than R...
Business Sector Needs Confidence to Grow
We need confidence, a stable and predictable fiscal framework, we need the politicians to stop confusing the business sector was the message sent by the representatives of the business secto...
Romanian Auto Market Grows 11.6% in January-May
The Romanian auto market continued its upward trend of the past six years and grew 11.6% in January-May, to 78,486 units, of which 67,042 were cars, up 13% on the year, data from the Automot...
Lego Sales Up 13% to RON104M in Romania in 2018
Lego Romania, the subsidiary of the Danish group, which started opening its own toy stores in 2009, posted 104 million lei (EUR22 million) sales in 2018, according to Finance Ministry data.
Romania Insurance Market Grows 7.4% YoY To RON2.7B In 1Q/2019
Insurance companies operating in Romania underwrote gross premiums of RON2.71 billion in January-March 2019, up 7.4% from the year-earlier period, and the market is still dominated by genera...