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Lighting Fixtures Distributor Elbi Aims For RON300M Revenue In 2018
Companies

Lighting Fixtures Distributor Elbi Aims For RON300M Revenue In 2018

Romanian distributor of lighting fixtures Elbi Electric & Lighting has budgeted 300 million lei (EUR65 million) revenue for 2018, an increase of 23% on the 2017 level, RON245 million.

Loredana Frățilă-Cristescu · 23.05.2018 · 11:27 · 1 min
Boldijar: Bosch Keeps Its Strong Foothold In Romania, Posts RON1.9B Consolidated Sales In 2017, Up 26% On Year
Companies

Boldijar: Bosch Keeps Its Strong Foothold In Romania, Posts RON1.9B Consolidated Sales In 2017, Up 26% On Year

Bosch, global leader in providing technologies and services, ended 2017 fiscal year with consolidated sales of RON1.9 billion (EUR416 million) in Romania, which translates into a strong annu...

Ecaterina Craciun · 22.05.2018 · 15:00 · 1 min
Adobe Seeks At Least 10% Growth In Revenue In Romania In 2018
Technology &Telecoms

Adobe Seeks At Least 10% Growth In Revenue In Romania In 2018

US-held Adobe, one of the largest software companies in the world, seeks at least 10% growth in revenue in Romania this year, to more than EUR33 million.

Loredana Frățilă-Cristescu · 22.05.2018 · 10:08 · 1 min
Arcadia Hospital Revenue Up 27% In 2017
Health

Arcadia Hospital Revenue Up 27% In 2017

Arcadia Hospital in Iasi posted 32.7 million lei (EUR7 million) revenue last year, an increase of 27% on 2016, according to the Finance Ministry data.

Loredana Frățilă-Cristescu · 22.05.2018 · 09:11 · 1 min
Major Banks Did Better Than Romania’s Economy In Q1
Banks-Insurance

Major Banks Did Better Than Romania’s Economy In Q1

The largest local banking groups posted 25% to more than 120% higher net profit in the first quarter compared with the year-ago period, while overall lending increased by 6% and the economic...

Loredana Frățilă-Cristescu · 21.05.2018 · 10:56 · 1 min
Companies

Cafea Fortuna Headed Towards RON180M Revenue

Romanian coffee producer Cafea Fortuna, held by entrepreneur Constantin Moroianu, has budgeted 181 million lei (almost EUR40 million) revenue this year, an increase of more than 5% on 2017,...

Loredana Frățilă-Cristescu · 18.05.2018 · 09:46 · 1 min
Amway Sales Up 11% In Romania In 2017
Companies

Amway Sales Up 11% In Romania In 2017

Direct sales company Amway ended 2017 with 101 million lei (EUR22 million) revenue in Romania, 11% higher than in 2016. It had posted about 15% growth in 2016, the highest of all markets in...

Loredana Frățilă-Cristescu · 17.05.2018 · 00:00 · 1 min
Telekom’s IT&C Solutions Business Sees 30% Growth Rate
Technology &Telecoms

Telekom’s IT&C Solutions Business Sees 30% Growth Rate

Telekom Romania, the largest fixed and mobile communications group in the country, has seen its IT&C integrated solutions business grow to generate tens of millions of euros in revenue.

Loredana Frățilă-Cristescu · 17.05.2018 · 00:00 · 1 min
Romania Posts GDP Growth Of 4% On Year In 1Q/2018
Macroeconomics

Romania Posts GDP Growth Of 4% On Year In 1Q/2018

Romania's gross domestic product grew 4% in the first quarter of 2018, compared with the same period a year ago, data from the country's statistics board showed Tuesday.

Ecaterina Craciun · 15.05.2018 · 10:34 · 1 min