growth
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Farmacia Tei And Bebe Tei Sales Up To EUR100M In 2017
Retail pharmacy chain Farmacia Tei and Bebe Tei stores of entrepreneur Roxana Maftei ended last year with 465 million lei (more than EUR100 million) revenue, according to its officials’ stat...
Schaeffler Romania Close To RON2B Revenue
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, ended last year with growth of more than 10% in revenue to some 1.97 billion lei (EUR425.5 million), according to ZF’s...
Orange Romania CEO: Telecom Market Up 5% To More Than EUR3.7B In 2017
The telecommunications market in Romania grew by 5% to more than EUR3.7 billion in 2017. The driver the industry was the fixed and mobile Internet services, Liudmila Climoc, chief executive...
Romanians Made RON29B Deposits In Banks, Borrowed Only RON12B In 2017
Companies and consumers increased their savings in banks from 274 billion lei (EUR59 billion) at the end of 2016 to RON303 billion in 2017, while the loan volume was slower to rise, going fr...
Confectionery Chain ANA Pan Ends 2017 With RON25.5M Sales
Confectionery chain Ana Pan developed by the Copos family in the early nineties ended 2017 with 25.5 million lei (EUR5.5 million) sales, an increase of 16% on 2016 and expects the same growt...
Carrefour Overshoots EUR2B Revenue Mark In Romania In 2017
The gross revenue of the Carrefour group in Romania went beyond EUR2 billion for the first time since its arrival in this country.
Continental Hotels Expects Single-Digit Growth In 2018
Continental hotel chain, one of the largest in Romania, with almost 2,000 rooms and controlled by entrepreneur Radu Enache, ended last year with EUR26 million to EUR27 million revenue and ex...
Smartphone Market Up To 4.5 Million Units In Romania In 2017
The number of smartphones sold in Romania last year went up by 9% to 4.5 million and the value of sales was even higher, 27%, as demand for premium models is on the rise.
Sheraton Hotel Bucharest Revenue Up 20% In 2017
Five-star Sheraton Hotel near Piata Romana in downtown Bucharest ended 2017 with 20% higher revenue, about EUR12 million, according to its officials and ZF’s calculations. The management exp...