growth
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Il Passo Expects 5% Growth In 2017
Footwear retailer Il Passo, a company with an 18-history on the market, has budgeted growth of 5% in revenue in 2017. Its retail revenue will therefore amount to more than 50 million lei (EU...
Rose Wine Up To 15% Of Total Wine Consumption In Romania
The rose wine, which has been the bubbliest segment of the wine industry in the past about six years, has reached some 15% of total consumption in Romania, according to ZF estimates based on...
KeysFin: Romania’s Economy Continues To Grow, But Inflation Raises Concerns
Romania's economy will continue to grow at a moderate pace in the following six months, with a significant impact from consumer demand and positive agricultural results that will ensure an e...
Aquatique Mineral Water To See 50% Growth In Sales
Romaqua Group, the largest Romanian beverage business, which owns the Borsec, Aquatique, Giusto and Albacher brands, expects growth of 50% in the sales of Aquatique mineral water this year....
Decathlon Accounts For One Third Of Sporting Goods Market After 50% Growth In 2016
Sporting goods retailer Decathlon, which entered Romania at the height of the financial crisis in 2009, ended last year with EUR136 million sales, up 50% on 2015. The French group therefore...
De’Longhi’s Cluj Site Sees More Than EUR150M Revenue In 2016
Italian home appliances manufacturer De’Longhi, which has bas been making espresso machines in Cluj since 2013, has become the second largest home appliances manufacturer in Romania. It beat...
Studio Moderna Sees EUR50M Sales In 2016
Studio Moderna, the Slovenian company that owns the Dormeo and Top Shop stores selling brands such as Dormeo (mattresses) and Delimano (pans), posted 222.4 million lei (EUR49.5 million) reve...
2016, Louis Vuitton’s Romanian Store’s Best Year So Far
The single-brand Louis Vuitton store in Bucharest that opened nine years ago ended last year with about 28 million lei (EUR6.31 million) and RON7 million net profit. The revenue was up some...
Huawei Sees Revenue Up 37.9% In Romania In 2016
The local subsidiary of Chinese-held Huawei, one of the leading smartphone and tablet suppliers and providers of equipment and services for telecom operators and companies in Romania, oversh...