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FAN Courier Revenue Up 19% In 1Q
Local courier service market leader FAN Courier ended the first quarter with a 19% rise in sales, which is more than budgeted and wants to end the year with 383.7 million lei (EUR87 million)...
MG-Tec Group Owner Expects 10% Growth In 2015
Romanian entrepreneur Ioan Tecar, owner of the Dej-based MG-Tec group with construction and paper operations mainly, expects 645 million lei (EUR146 million) revenue this year, an increase o...
Romania Exported EUR15B Worth Of Services In 2014
Romania’s service exports reached EUR15 billion last year, an increase of 12% on 2013, and double as much as in 2005, central bank data shows. Transport, business services, goods processing...
Independent Cable TV Service Provider AKTA Revenue Up 17% In 2014
The largest independent cable TV service provider in Romania, which operates under the AKTA brand via two companies, Digital Cable Systems (DCS) and AKTA Telecom, posted 199.48 million lei (...
Oracle Romania Sees 2014 Revenue Up 30% To Over RON700M
The local subsidiary of Oracle, one of the world’s largest software companies, posted 703 million lei (EUR158 million) revenue last year, a first for the company and a record increase of 30....
IT Smart Distribution Aims For EUR25M Sales This Year
IT Smart Distribution, a local company specializing in distribution of equipment and software solutions, has budgeted EUR25 million sales this year, an increase of 15% on 2014, chief executi...
Altex Hits EUR350M Sales Target One Year Earlier Than Expected
Altex, the leading local computer and electronics retailer, ended last year with about EUR350 million in revenue, returning to the 2008 figure in euros. If calculated in lei, the sales reach...
Romanian Cosmetics Market Boasts Strongest Advance In The Region In 2014
Romania’s cosmetics market rose by 4.4% last year, the strongest growth in the region, but it’s still a small “brick” in total cosmetics sales in Central and Eastern Europe, which market res...
AstraZeneca Boasts Highest Growth Of All Pharmaceutical Companies In 2004-2014
UK-held pharmaceutical company AstraZeneca saw at least tenfold growth in Romania 2004-2014, going from about EUR11 million to EUR110 million, ZF has found based on the data supplied by mark...