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Olympus Dairy Producer Expects EUR100M Revenue in 2018
Fabrica de Lapte Brasov, the producer of the Olympus, Oly, Fabrica Brasoveanu and Stragghisto dairy products, expects revenue to go up 10% in 2018 over 2017 and reach EUR100 million.
ANA Pan Chain Budgets 25% Growth for 2019
Confectionery chain ANA Pan developed by the Copos family in the early ‘90s will end the year with 14% higher sales and expects growth to be even higher next year, following repositioning on...
City Grill Owner Hopes for EUR40M Revenue in 2019
The City Grill group, one of the most powerful actors in the restaurant industry in Romania, will end the year with EUR36 million revenue and has budgeted double-digit growth for next year.
Online Furniture Retailer Vivre Headed to EUR50M Sales in 2018
Online furniture and home decor retailer Vivre held by local entrepreneurs expects EUR50 million sales this year, 40% higher than in 2017.
Romania’s EU Council Presidency to Boost Revenue of Hotels in Bucharest
The hotels in Bucharest, which will host delegations during Romania’s presidency of the EU Council, will get an at least EUR7.5 million boost in revenue, considering the 50,000 nights of acc...
Mega Image Headed Towards RON6B Sales In 2018
Dutch-Belgian-held retailer Mega Image is headed towards 6 billion lei (EUR1.28 billion) sales in 2018, if it is able to maintain the almost 20% growth pace it saw in the first half of the y...
Footwear Retailer CCC Headed Towards EUR40M Sales In Romania In 2018
Polish footwear retailer CCC, which has a direct presence in Romania, posted PLN119.9 million (130 million lei or EUR28 million) sales in the first nine months, 50% higher than in the year-a...
Mall Country: Romania Went From Zero To 123 Malls In 20 Years
The past two decades brought a stock of 123 retail projects in Romania, the history thereof started in 1999, when Turkish-held real estate developer Anchor Grup opened Bucuresti Mall in Vita...
Colliers: Fashion Retailers Eye Romania for Its Growth Potential
A good economic context, defined by a rapid economic growth, a low unemployment rate and wage raises create favorable conditions for the fashion retailers on the 14 markets of the Central an...