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Quehenberger Logistics ROU Revenue Up 20% To RON250M In 2017
Quehenberger Logistics ROU, part of the Augustin Quehenberger group based in Austria and one of the leading transport and logistics businesses in Romania, posted about 250 million lei (some...
Samsung: 1.5 Million TVs Sold In Romania In 2017
TV sales reached 1.5 million units in Romania in 2017, slightly up on 2016, when they stood at 1.4 million units. The average price was about 1,200 lei (EUR257), so a TV sold for RON1,275 on...
Credit Card Purchases Up 20% In Romania In 2017
Romanians are using the credit cards for shopping more often, which drove the transactions and the number of credit cards up at a double-digit rate in 2017.
IT&C Integrator ETA2U Sees Revenue Up 19% To RON197M In 2017
Timisoara-based ETA2U, the largest IT integrator outside Bucharest, posted 196.5 million lei (EUR43 million) revenue last year, an increase of 19.3% on 2016, according to its filings with th...
Specialty Cafés Gain Ground In Romania
Origo, Steam, Beans & Dots and Narcoffee roasters are just some of the names that put Bucharest on the map of specialty cafés in the past few years. They account for little of the market, bu...
Cement Market Expected To Grow By Only 2% In 2018
The cement market could grow at a rate of only 2% in 2018, according to the estimates of the cement industry association CIROM, as investments in infrastructure will not make significant pro...
OLX.ro Lowers Free Ad Cap To Preserve Strong Profit And Revenue Growth
OLX.ro, the largest online classifieds platform in Romania, held by South Africa’s Naspers, this week introduced new stricter limitations for publishing free ads for the sale of home applian...
Hewlett Packard Enterprise Romania Saw Growth Across The Board In 2017
The Romanian subsidiary of the US Hewlett Packard Enterprise (HPE), one of the largest suppliers of IT equipment and provider of IT services for companies, posted growth on all business segm...
Fuel Trader Artoil Revenue Up 73% To RON352M In 2017
Timisoara-based fuel trader Artoil, saw its revenue up 73% to 352 million lei (EUR76 million) in 2017. This is not the first surge in revenue, which has actually been rising fast since the e...