growth
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Bebe Tei Supermarket Sees RON54M Sales In H1
Children’s products supermarket Bebe Tei of Roxana Maftei, who also owns Farmacia Tei retail pharmacies in Bucharest, posted 54 million lei (EUR12 million) sales in the first half, higher th...
Banca Transilvania Sees Profit Up 141% In H1
Banca Transilvania (TLV.RO), the third largest bank in Romania by assets, saw an almost 50% rise in operating income in the first half, largely because of the interest income and posted 458....
Every Romanian To Own A Smartphone In Three Years
Romania’s smartphone market is headed towards 4.2 million units in 2016, an increase of 20% on last year. If sales continue to increase at the same pace, each Romanian will own a smartphone...
Romania’s Toys And Games Market Up To Over RON1B in 2015
The Romanian toys and games market overshot the one billion lei (EUR224 million) mark last year, an increase of 9% on 2014, following the upward trend of the last few years as a result of th...
Nvidia: Graphics Cards Market To Return To Growth In 2016
The local market of graphics cards – PC components that handle everything from display resolution to games, stood at about 50,000 units in the first half of 2016, an increase of 20% on first...
Leu Lending Rose 16.2% To RON118.9B In June
Leu-denominated lending grew 16.2% in June 2016, to RON118.9 billion, central bank data showed Tuesday.
Fashion Days: Online Fashion Market To Go Beyond EUR200M In 2016
Online sales of apparel, footwear and accessories will see growth of 25% in Romania, and the market will therefore overshoot the EUR200 million mark, the representatives of Fashion Days, one...
Betty Ice: Economic Growth Driving Sales Up This Summer
Sales of ice cream manufacturer Betty Ice were higher at the beginning of the summer than in the year-ago period, driven by the good weather and the economic growth, says owner Vasile Armene...
NN Asigurari Expects Up To 5% Growth In 2016
NN Asigurari, the largest life insurance company in Romania, seeks growth of up to 5% in gross written premiums this year, which means revenue should reach 660 million lei (EUR148 million) a...