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growth

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Mobexpert’s 2015 Better Than Expected
Companies

Mobexpert’s 2015 Better Than Expected

Mobexpert group of businessman Dan Sucu posted about 12.5% increase in sales of furniture and décor last year, significantly higher than budgeted, the entrepreneur says, adding there is an a...

Loredana Frățilă-Cristescu · 12.02.2016 · 10:32 · 1 min
Consumer Loans Up 11% In 2015
Banks-Insurance

Consumer Loans Up 11% In 2015

Leu-denominated consumer loans granted by banks reached 33 billion lei (EUR7.3 billion) at the end of last year, an increase of almost 11% on 2014, according to Romania’s central bank data....

Loredana Frățilă-Cristescu · 11.02.2016 · 10:16 · 1 min
TotalSoft To Expand Team To Over 500 People This Year
Technology &Telecoms

TotalSoft To Expand Team To Over 500 People This Year

TotalSoft, a local business software solutions provider, grew to 450 employees last year, 70 more than in 2014, and most of them were hired after internships with the company, as the IT indu...

Loredana Frățilă-Cristescu · 09.02.2016 · 10:30 · 1 min
FAN Courier: Busiest Start Of The Year Ever
Companies

FAN Courier: Busiest Start Of The Year Ever

The start of the year was very good for the courier service industry, says Adrian Mihai, one of the founders of FAN Courier, and volumes were higher than usually in January.

Loredana Frățilă-Cristescu · 03.02.2016 · 00:00 · 1 min
Wizz Air Aims To Double Passenger Numbers In Romania
Companies

Wizz Air Aims To Double Passenger Numbers In Romania

Wizz Air will double passenger traffic to and from Romanian airports to 9 million to 10 million people in five years, says the airline’s chief executive officer Jozsef Varadi.

Loredana Frățilă-Cristescu · 28.01.2016 · 09:38 · 2 min
Analyst: Romania Could See Economic Growth Of Over 5% This Year
Macroeconomics

Analyst: Romania Could See Economic Growth Of Over 5% This Year

Romania’s economy might grow by more than 5% this year, as a result of the latest economic developments and the continued rise in consumer spending, Andrei Radulescu, senior economist with B...

Loredana Frățilă-Cristescu · 28.01.2016 · 09:12 · 2 min
GECAD NET Expects 25% Higher Turnover In 2016, To Over EUR5M
Technology &Telecoms

GECAD NET Expects 25% Higher Turnover In 2016, To Over EUR5M

GECAD NET, provider of software solutions and services, on Wednesday said it expects a 25% increase in turnover in 2016, to over EUR5 million.

Ecaterina Craciun · 27.01.2016 · 14:26 · 1 min
Health

Retail Pharmacy Sales Doubled Since 2008

Romanians spend more than 15 billion lei (EUR3.3 billion) in pharmacies in Romania every year, almost double as much as they did in 2008, when the local economy peaked, ZF has calculated bas...

Loredana Frățilă-Cristescu · 26.01.2016 · 08:47 · 1 min
Erste: BCR Still Has Over EUR1B Worth Of NPL To Sell
Banks-Insurance

Erste: BCR Still Has Over EUR1B Worth Of NPL To Sell

BCR will continue to ”over one billion euros’ worth” of non-performing loans and then focus on growing the business and lending, says Jozef Sikela, member of the Erste Board responsible for...

Loredana Frățilă-Cristescu · 21.01.2016 · 09:55 · 1 min