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growth

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Romania To Hit Economic Boom In 2018-2019, Analyst Says
Macroeconomics

Romania To Hit Economic Boom In 2018-2019, Analyst Says

Romania is in the first stage of a new economic cycle since 2014 and statistics show the country is on a path of solid and sustainable growth, financial analyst Ionel Blanculescu said Wednes...

Oana Gavrila · 27.05.2015 · 12:37 · 1 min
Accor Sees Room For Development In Romania, Discusses Options
Companies

Accor Sees Room For Development In Romania, Discusses Options

There is room for development of new hotels in Romania, says Frank Reul, the Belgian executive put in charge of the operations of the French hotel chain Accor in Romania, Macedonia and Bulga...

Loredana Frățilă-Cristescu · 27.05.2015 · 00:00 · 2 min
2014, Avon’s Best Year After 2008
Retail&Consumer

2014, Avon’s Best Year After 2008

Last year was the best year by far after 2008 for Avon’s local business, says Razvan Diratian, the Romanian executive in charge of the cosmetics group's operations in Romania and the Republi...

Loredana Frățilă-Cristescu · 25.05.2015 · 00:00 · 2 min
Mega Image Revenue Grew 12-Fold, Network 25-Fold In Past Decade
Retail&Consumer

Mega Image Revenue Grew 12-Fold, Network 25-Fold In Past Decade

Belgian-held Mega Image group, the most aggressive retailer in terms of expansion in Romania, reached about 400 stores by the end of last year, 25 times more than a decade ago. The expansion...

Loredana Frățilă-Cristescu · 21.05.2015 · 10:56 · 2 min
Porsche Romania Revenue Up 18% In 2014
Automotive

Porsche Romania Revenue Up 18% In 2014

Porsche Romania, the largest auto importer on the local market, posted almost 1.8 billion lei (EUR405 million) revenue last year, an increase of 18% on 2013, the company said. The sales of t...

Loredana Frățilă-Cristescu · 20.05.2015 · 00:00 · 1 min
Dell Relies On SME Sector For Growth In Romania
Technology &Telecoms

Dell Relies On SME Sector For Growth In Romania

US computer technology company Dell wants to gain ground in Romania with its entire range of IT solutions for small and medium-sized companies and for major corporations.

Loredana Frățilă-Cristescu · 18.05.2015 · 09:51 · 2 min
Macroeconomics

Romania's Economy Grows Above Expectations In First Quarter

Romania’s gross domestic product grew 1.6% in real terms in the first quarter compared with the previous three-month period, a flash estimate of the country’s statistics institute INS said W...

Bogdan Neagu · 13.05.2015 · 10:50 · 1 min
Brise Group Close To EUR300M Revenue From Agribusiness
Companies

Brise Group Close To EUR300M Revenue From Agribusiness

Brise Group, of Constanta entrepreneur Marius Bucur, ended last year with EUR289 million revenue, 10% above the 2013 level and its highest ever.

Loredana Frățilă-Cristescu · 13.05.2015 · 00:00 · 1 min
Sucu, Mobexpert: All Signals Are Positive
Retail&Consumer

Sucu, Mobexpert: All Signals Are Positive

The Mobexpert group posted 12% higher sales in the first four months of 2015, the first double-digit increase after the crisis, and owner Dan Sucu says it is now time for growth in the furni...

Loredana Frățilă-Cristescu · 13.05.2015 · 00:00 · 3 min