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growth

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CON-A, Largest Romanian-Owned Construction Company In 2017
Companies

CON-A, Largest Romanian-Owned Construction Company In 2017

Sibiu-based construction company CON-A ended 2017 with almost 550 million lei (EUR118 million) revenue, up 51% on the previous year, beating local rivals like Bog‘Art, Constructii Erbasu and...

Loredana Frățilă-Cristescu · 21.06.2018 · 09:55 · 1 min
International Fashion Retailers See Growth In Romania Despite International Problems
Retail&Consumer

International Fashion Retailers See Growth In Romania Despite International Problems

International fashion retailers are growing fast in Romania while experiencing turmoil abroad. The top five players on the local apparel market – foreign-held giants Inditex (Zara), H&M, Pep...

Loredana Frățilă-Cristescu · 20.06.2018 · 09:00 · 1 min
Ten Modern Retailers’ Revenue Up 11% To RON53B In 2017
Retail&Consumer

Ten Modern Retailers’ Revenue Up 11% To RON53B In 2017

The ten chains in Romania’s modern grocery retail posted more than 53 billion lei (EUR11 billion) revenue in 2017, 11% above the 2016 level.

Loredana Frățilă-Cristescu · 14.06.2018 · 00:00 · 1 min
Sucu, Mobexpert: Land In Timisoara And Cluj More Expensive Than In Bucharest
Companies

Sucu, Mobexpert: Land In Timisoara And Cluj More Expensive Than In Bucharest

The 14 furniture store chain Mobexpert held by entrepreneur Dan Sucu posted more than 433 million lei (EUR95 million) sales in 2017, up about 13% on the previous year, ZF has found from Fina...

Loredana Frățilă-Cristescu · 11.06.2018 · 00:00 · 1 min
Generali: Partnership With UniCredit To Help Us Grow Faster Than Market In Romania
Banks-Insurance

Generali: Partnership With UniCredit To Help Us Grow Faster Than Market In Romania

The partnership Generali and UniCredit signed for the Central and Eastern Europe will allow the insurer to sell its policies via the bank’s branches and will make the greatest impact in Roma...

Loredana Frățilă-Cristescu · 08.06.2018 · 11:01 · 1 min
Asus Aims For EUR140M Revenue In Romania In 2018
Technology &Telecoms

Asus Aims For EUR140M Revenue In Romania In 2018

Asus Romania, the local subsidiary of the Taiwanese electronics manufacturer, has increased revenue to about EUR130 million in 2017, and its 2018 target is EUR140 million. The company relies...

Loredana Frățilă-Cristescu · 08.06.2018 · 10:13 · 1 min
UniCredit To Pursue Organic Growth In Romania And Region, General Manager Says
Banks-Insurance

UniCredit To Pursue Organic Growth In Romania And Region, General Manager Says

Romania is an important country to pan-European banking group UniCredit, and the strategy in Romania and the Central and Eastern Europe for the coming period is based on an organic growth sc...

Loredana Frățilă-Cristescu · 07.06.2018 · 09:54 · 1 min
Oscar Downstream Returns To Growth
Energy

Oscar Downstream Returns To Growth

Oscar Downstream, a fuel distributor which mostly sells diesel to commercial customers, ended last year with 2.04 billion lei (EUR431 million) revenue, up 20% on 2016.

Loredana Frățilă-Cristescu · 07.06.2018 · 00:00 · 1 min
Technology &Telecoms

Huawei Close To EUR300M Revenue In Romania In 2017

Huawei Technologies SRL, the local subsidiary of Chinese smartphone vendor, telecommunications equipment and service provider for telecoms, posted 1.347 billion lei (EUR295 million) revenue...

Loredana Frățilă-Cristescu · 06.06.2018 · 00:00 · 1 min