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Studio Moderna Revenue Up To RON261M In 2017
Omnichannel retail company Studio Moderna, which owns 42 Dormeo and Top Shop stores in Romania and sells more than 3,500 products, posted 261 million lei (EUR56 million) revenue in the count...
Blue Air Headed Towards EUR430M Revenue In 2018
Blue Air, the largest Romanian-owned airline, expects EUR430 million revenue this year compared with EUR412 million in 2017. Domestic operations should generate 60% of it.
Pretzel Shop Chain Luca Doubled Revenue To RON75M In Four Years
Tinervis Group, the operator of the Luca pretzel shop chain held by Romanian entrepreneurs George Adragai and Cosmin Postole, ended 2017 with net revenue of almost 75 million lei (EUR16 mill...
Romania Childrenswear Market Up To RON1.6B, Set To Keep Growing
Romanian consumers are expected to spend 1.58 billion lei (EUR339 million) on childrenswear this year, 3.6% more than in 2017, market research company Euromonitor data show.
Romania's GDP Grows 4.1% on Year in 2Q
Romania's gross domestic product grew 4.1% (4.2% in real terms) in the second quarter compared with the second quarter of 2017, a flash reading from the country's statistics board showed Tue...
Coca-Cola Bottler Sees Revenue Up 11% In Romania In H1
Coca-Cola HBC Romania, the leader of the local soft drinks market, posted 11% growth in volume in the first half over the year-ago period, the latest report of its Greece-based parent compan...
Bogdan Putinica, Enea Services Romania: IT Industry May Generate 10% Of GDP In A Few Years
The IT&C sector, which has become the star of the Romanian economy in recent years, has the potential to grow to 10% of the GDP in the next few years, as exports of IT services have been ste...
Enel Ends H1 With 11% Growth In Revenue In Romania
Italian-held utility giant Enel ended the first half with EUR614 million revenue from the Romanian operations, 11% more than in the year-ago period, its first half report shows.
Fashion Days Aims For Higher Than Market Average Growth, Profitability
Online fashion retailer Fashions Days held by local company Dante International, which also operates eMAG, plans to grow sales at a higher rate than the rest of the market this year 7% to 8%...