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Retailer Kitchen Shop Grows to 18 Stores and EUR10M Sales
Kitchen equipment retailer Kitchen Shop, a Romanian concept launched by entrepreneur Laurentiu Ilie ten years ago, has grown to 18 stores and about EUR10 million sales.
Lidl Romania CEO: We Had a Phenomenal 2018
Discount store chain Lidl, one of the largest grocery retailers in Romania, saw almost 8 billion lei (EUR1.68 billion) sales last year, according to the ZF estimates based on the data suppli...
Tractor Maker IRUM Reghin Expects over 20% Rise in Sales in 2019
Sales of IRUM and Maviprod, which make agricultural and forestry equipment and sell spare parts, should go up 20% in 2019 over last year, says founder Mircea Eugen Oltean. The growth will be...
Rucsandra Hurezeanu, Ivatherm: Exports to Contribute Over 50% of Revenue as of 2020
Dermo-cosmetics manufacturer Ivatherm ended last year with EUR4.5 million revenue, 50% higher than in 2017, and its owner Rucsandra Hurezeanu expects similar growth in 2019.
Samsung: Local Smartphone Market Up To 4.7M Units In 2018
The smartphone market in Romania reached 4.7 million units last year, 4% more than in 2017, as the market is maturing, and growth will no longer come from volume but from sales of premium mo...
Pharmaceutical Retail and Wholesale Group Fildas Sees EUR1.6B Revenue In 2018
The Fildas group, which includes the retail pharmacy chain Catena, the largest actor on the pharmaceutical retail market and pharmaceutical wholesaler Fildas Trading, posted more than EUR1.6...
Third Consecutive Day Of Growth For Three-Month Money Market Rate
The three-month money market interest rate used to calculate interests for consumer loans in lei, grew to 3.28% a year on Thursday, from 3.25% a year on Wednesday, central bank data showed.
All Money Market Rates See Strong Growth For Second Consecutive Day
The three-month money market interest rate used to calculate interests for consumer loans in lei, grew to 3.25% a year on Wednesday, from 3.19% a year on Tuesday, central bank data showed.
All Money Market Rates See Strong Growth Tuesday
The three-month money market interest rate used to calculate interests for consumer loans in lei, grew to 3.19% a year on Tuesday, from 3.14% a year on Monday, central bank data showed.