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Pepco Grows To 170 Stores And RON700M Sales In Romania
Discount retailer Pepco, which sells products starting at a price of 1.99 lei (EUR0.42), has 169 stores in Romania and plans to open three more soon in Cluj-Napoca, Racari and Sinaia.
Romania’s Computer And Electronics Market Beats Czech Republic’s For First Time
Romania’s computer and electronics market was close to EUR3 billion in 2017, an all-time high for Romania, which for the first time beat Czech Republic, a more developed country but with low...
Car Sharing Service GetPony Revenue Up 50% In 2017
Cluj-Napoca-based car sharing startup GetPony posted 50% higher revenue in 2017, while the number of trips was 70% higher. The company was established by entrepreneurs Iulian Padurariu and D...
Engie Joins Euro Billionaire Club In Romania After 7% Rise In Revenue
French-held utilities group Engie Romania Group, the largest natural gas distributor in Romania, posted consolidated revenue of EUR1.062 billion in 2017, up 7% from the EUR989 million in 201...
Brick Industry Sees Fifth Year Of Growth In A Row In 2017
The local brick market continued its growth in volume last year, a trend that has been visible in the past five years. In all, 2.82 million cubic meters of bricks were made in 2017, 7% more...
Architecture Market Up To Over RON1B
Romania’s architecture market has increased by 30% in three years and reached 1.2 billion lei (about EUR260 million) at the end of 2016, the latest National Statistics Institute data show. I...
Catalin Pozdarie, Hervis: 2017, Our Best Year In Romania Ever
Sporting goods retailer Hervis ended last year with gross revenue of about EUR41.5 million, which makes 2017 its best year since arrival in Romania, general manager Catalin Pozdarie says.
Diverta Posts 25% Sales Growth In Q1
Diverta, the bookstore chain held by the Romanian businessman Octavian Radu, has increased its sales by about 25% in the first quarter compared with the year-ago period, according to the pre...
Canada’s CGI Seeks To Hire 300 IT Specialists In Three To Five Years
CGI, a Canadian IT consulting and services company with 72,000 employees throughout the world, has entered the Romanian market and plans to expand its local team to 300 people in the next th...