growth
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Smart Diesel Aims For EUR148M Revenue In 2016
Arad-based Smart Diesel, a company with 22 filling stations of its own and partnerships with 1,000 stations on nine European markets, expects its revenue to reach EUR148 million this year. I...
Dell: We Expect PC Market To Grow In 2016
PC sales in Romania will most likely grow this year, as analysts expect the country’s economy to grow at a rate of 4% to 5% in 2016, which the IT&C market will definitely feel.
Kaufland Headed For EUR2B Sales
German-held discount hypermarket chain Kaufland ended 2015 with EUR2 billion sales generated by a network of 107 stores, according to ZF estimates, following a very good December helped by t...
Otter Distribution Sees Double-Digit Growth In 2015
Otter Distribution, one of the largest local footwear retailers, ended last year with EUR26 million sales, an increase of more than 10% on 2014. The growth drivers were the rise in consumer...
Cris-Tim Group Aims For EUR120M Revenue In 2016
Cris-Tim, one of the largest meat industry groups in Romania, is headed towards EUR120m revenue in 2016, after having posted EUR105 million sales last year.
Leu Loans Account For 75% Of New Loans In Jan-Oct
Banks granted 53.5 billion lei (EUR11.9 billion) worth of new leu, euro and US dollar-denominated loans to consumers and companies in the first ten months of the year. New leu-denominated lo...
Romania’s Courier Services Market Seen Up 10-15% In 2016
Romania’s courier services market will grow by 10-15% in 2016, from EUR325 million in 2015, and will be sustained, among others, by online commerce and teleshopping sales, according to forec...
Romania’s Franchise Market Up To EUR1.9B In 2015
Most sought after sectors for franchises are food&beverage, coffee shops and services, especially fitness or those that promote a healthy lifestyle.
Agriculture The Only Sector To See An Increase In Loans YoY
Agriculture is the only sector that had borrowed more money by the end of October compared with October last year (a 2% increase in loans taken), while the rest of the sectors (industry, ser...