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growth

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De’Longhi Revenue Up To Over RON500M In 2015
Companies

De’Longhi Revenue Up To Over RON500M In 2015

Italian home appliances manufacturer De’Longhi’s revenue in Romania has grown to more than 500 million lei since start of production in the country in Jucu, Cluj in 2013.

Loredana Frățilă-Cristescu · 30.06.2016 · 09:41 · 1 min
Cafea Fortuna sees EUR35M sales in 2015
Companies

Cafea Fortuna sees EUR35M sales in 2015

Cafea Fortuna, the largest Romanian-held coffee business, posted 156 million lei (EUR35 million) revenue last year, an increase of 14% on 2014 and its fifth year of growth in a row.

Loredana Frățilă-Cristescu · 28.06.2016 · 10:37 · 1 min
Lasting System 2015 Turnover Up 26% To RON128.7M
Technology &Telecoms

Lasting System 2015 Turnover Up 26% To RON128.7M

Timisoara-based Lasting System, one of the largest distribution companies of IT&C products on the Romanian market, reported a turnover of RON128.7 million (EUR29 million) in 2015, up 26% aga...

Ecaterina Craciun · 20.06.2016 · 14:53 · 1 min
Heidi Chocolat Close To RON100M Revenue
Companies

Heidi Chocolat Close To RON100M Revenue

Heidi Chocolat, the largest local chocolate exporter, posted almost 99 million lei (EUR22 million) revenue last year, an increase of 16% on 2014, according to the Finance Ministry website.

Loredana Frățilă-Cristescu · 20.06.2016 · 00:00 · 1 min
Leoni: We’ve Doubled Workforce To 17,000 People In Romania In Five Years
Automotive

Leoni: We’ve Doubled Workforce To 17,000 People In Romania In Five Years

Automotive component manufacturer Leoni has grown to more than 2 billion lei (EUR440.5 million) revenue and 17,000 employees in its three plants in Romania and continues hiring. The employee...

Loredana Frățilă-Cristescu · 17.06.2016 · 00:00 · 3 min
Is Romania's Current Economic Growth Sustainable?
Macroeconomics

Is Romania's Current Economic Growth Sustainable?

Romania has the highest economic growth in Europe at the moment, 4.3% in the first quarter, but some are raising doubts about its quality, considering it was based on consumer spending (up a...

Loredana Frățilă-Cristescu · 15.06.2016 · 10:00 · 2 min
Consumer Loan Growth Rate Close To Pre-Crisis Levels
Banks-Insurance

Consumer Loan Growth Rate Close To Pre-Crisis Levels

Consumer loans have gone up 15% to 34 billion lei (EUR7.53 billion) at the end of April, compared with the year-ago period, Romania’s central bank data show.

Loredana Frățilă-Cristescu · 13.06.2016 · 00:00 · 1 min
Real Estate Consultants Expect Further Growth
Real Estate

Real Estate Consultants Expect Further Growth

The real estate consultancy market in Romania, where about ten local and international companies operate, is estimated at some EUR30 million, and consultants expect growth based of the major...

Loredana Frățilă-Cristescu · 10.06.2016 · 10:00 · 2 min
Telus International: We Want To Grow To Thousands Of Employees In Romania
HR

Telus International: We Want To Grow To Thousands Of Employees In Romania

Romania is a good destination for outsourcing service investors, even though the industry has its roots in exploiting the pay differences between employees in developed economies and those o...

Loredana Frățilă-Cristescu · 06.06.2016 · 00:00 · 3 min