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Window Maker Casa Noastra Exports Up 12% in 2018
Companies

Window Maker Casa Noastra Exports Up 12% in 2018

Craiova-based window manufacturer Casa Noastra held by businessman Stefan Cherciu has increased exports by 12% in 2018 over the previous years.

Loredana Frățilă-Cristescu · 21.05.2019 · 09:00 · 1 min
Altex Sales Up to Over RON3.5B in 2018
Retail&Consumer

Altex Sales Up to Over RON3.5B in 2018

Computer and electronics retailer Altex saw its sales grow by 8% to more than 3.5 billion lei (EUR735 million) in 2018, while profit rose by 30% to RON63.5 million year-on-year.

Loredana Frățilă-Cristescu · 20.05.2019 · 00:00 · 1 min
Sporting Goods Market Up to EUR450M in 2018
Analysis

Sporting Goods Market Up to EUR450M in 2018

Romanian consumers spent almost EUR450 million on bicycles, gym apparel and mountain equipment last year, so the sporting goods market increased by 12.5% over 2017 and more than 50% over 201...

Loredana Frățilă-Cristescu · 20.05.2019 · 00:00 · 1 min
Top Five Banks in Romania See Almost RON1.4B Profit in Q1
Banks-Insurance

Top Five Banks in Romania See Almost RON1.4B Profit in Q1

The largest five actors on the Romanian banking market, Banca Transilvania, BCR, BRD-SocGen, UniCredit and Raiffeisen Bank remained profitable in the first quarter of 2019, and their cumulat...

Loredana Frățilă-Cristescu · 17.05.2019 · 10:08 · 1 min
McDonald’s Sales Up 15% to RON780M in 2018
Retail&Consumer

McDonald’s Sales Up 15% to RON780M in 2018

Fast food restaurant chain McDonald’s, the leader of the market in Romania, ended last year with 780 million lei (EUR164 million) sales, some 15% higher than in 2017. McDonald’s sales have b...

Loredana Frățilă-Cristescu · 17.05.2019 · 09:00 · 1 min
ETA2U Timisoara Expects 20% Growth to RON260M Revenue in 2019
Technology &Telecoms

ETA2U Timisoara Expects 20% Growth to RON260M Revenue in 2019

Timisoara-based ETA2U, the largest IT integrator outside Bucharest, is aiming for about 20% growth in revenue to more than 260 million lei (EUR55 million) this year, relying on new projects...

Loredana Frățilă-Cristescu · 16.05.2019 · 09:00 · 1 min
Romania Contributes 4% of Global Revenue of Kaufland and Lidl Owner Schwarz
Retail&Consumer

Romania Contributes 4% of Global Revenue of Kaufland and Lidl Owner Schwarz

German-held Schwarz group, which owns the low-price hypermarket chain Kaufland and discount store chain Lidl, posted EUR104.3 billion revenue last year, up 7.4%. This was the first time ever...

Loredana Frățilă-Cristescu · 16.05.2019 · 00:00 · 1 min
Sensiblu Pharmacies and Wholesaler Mediplus See RON5.6B Revenue in 2018
Health

Sensiblu Pharmacies and Wholesaler Mediplus See RON5.6B Revenue in 2018

Sensiblu retail pharmacy chain and pharmaceutical wholesaler Mediplus, part of the A&D Pharma group, posted 5.6 billion lei (EUR1.2 billion) revenue in 2018, up 2% over 2017, ZF has found fr...

Loredana Frățilă-Cristescu · 14.05.2019 · 09:00 · 1 min
Builder Strabag Sees Profit up 50% in 2018
Companies

Builder Strabag Sees Profit up 50% in 2018

Austrian-held construction group Strabag increased its revenue in Romania by 10% to 688 million lei (EUR145 million) in 2018, according to the Finance Ministry website. Profit went up, too,...

Loredana Frățilă-Cristescu · 14.05.2019 · 00:00 · 1 min