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Winemaker Jidvei Headed Towards EUR40M Revenue
Winemaker Jidvei, held by the Necsulescu family, has budgeted 15% higher revenue for 2018 and is headed towards EUR40 million mark fast, ZF has calculated based on the data the company suppl...
Floria Revenue Up 70% To RON17M In 2017
Floria group, which specializes in sales of flowers and floral arrangements, posted 17 million lei (EUR3.6 million) revenue in 2017, an increase of 70% year-on-year.
Romania’s IT&C Services Exports Reach Record High In 2017
Romania’s IT&C services exports stood at EUR3.9 billion in 2017, up 19% on 2016, the country’s central bank data show.
Praktiker To Close Three Stores, Expects Growth Of DIY Market
UK’s Kingfisher will keep 23 Praktiker stores in Romania and does not plan to close any more, after having recently announced it would close three, in Focsani, Bacau and Ploiesti, due to cea...
OPTIblu Store Owner Budgets 27% Growth In Revenue To RON70M In 2018
Optical Network, the owner of the eyewear store chains OPTIblu and Klarmann, opened seven new stores last year for a total of 46 in the big cities across the country. It also remodeled some,...
Radisson Blu: We Think 2018 Will Be Very Good For Our Business
Radisson Blu and Park Inn By Radisson hotel complex on Calea Victoriei in Bucharest, expects revenue to go up in 2018, driven by the greater demand for accommodation services from business a...
Paint Maker Fabryo Revenue Up 6% To RON210M In 2017
Paint and coatings manufacturer Fabryo held by investment firm Oresa Ventures posted 6% higher revenue in 2017, more than 210 million lei (some EUR47 million).
Romania Revises 2018 Economic Growth Forecast To 6.1% From 5.5%
Romania's National Prognosis Commission revised the country’s economic growth forecast for 2018 up to 6.1%, from a previous estimate of 5.5% in its fall forecast.
Paint Manufacturer Köber Sees Revenue Up 5% In 2017
Paint and coatings manufacturer Köber, the largest on the Romanian market, posted 5% growth in revenue to more than 300 million lei (EUR64 million) in 2017.