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Number Of Mortgage Loans Tops 300,000 After Interest Drop
The number of home buying loans overshot the 300,000 mark, driven by the leu lending. The stock of leu-denominated mortgage loans tripled in one year to more than 10 billion lei (EUR2.3 bill...
Romania’s Largest Mobile Phone Wholesaler Aims For EUR1B Revenue
Gersim Impex, the largest mobile phone wholesaler in Romania, whose revenue rose 14-fold in a six-year period, from EUR13 million in 2008 to almost EUR185 million in 2014, thinks it might re...
Dacia Grows Three Times Faster In Romania Than Abroad
Dacia’s sales rose 12% worldwide on the year in the first quarter of 2015, while in Romania they went up 33%, even though the brand has not launched any new models since the second half of 2...
Lafarge Romania: Good Agricultural Year Gives Construction Sector A Boost
The start of the year came with positive signals from the construction market, says Costin Borc, the Romanian who has been running construction material manufacturer Lafarge Romania, the loc...
Policolor: Residential Sector Recovery To Show In Paint Demand This Summer And In 2016
The paint and coatings sector will not feel the growth of the residential sector that started last year any sooner than this summer, says Marius Vacaroiu, general manager of Policolor, one o...
Hirsch Porozell Expects 5% Growth In 2015
Expanded polystyrene (EPS) manufacturer Hirsch Porozell, the local subsidiary of Austria’s Hirsch Servo AG, has budgeted more than EUR10 million revenue for this year, an increase of 5% from...
Heidi: Germany Will Be Our Biggest Export Market This Year
Last year was a good one for Heidi Chocolat, the largest local chocolate exporter, which saw about 10% growth in revenue, largely because deliveries to foreign clients, says managing directo...
Romanian M&A Market Posts Fastest Growth In CSE In 2014, After LiveRail Takeover By Facebook
The Romanian mergers and acquisitions market posted the fastest growth in Central and Southeastern Europe last year, after the takeover of video ad tech startup LiveRail by the world’s large...
Prefab Bucuresti Aims For 50% Growth In 2015
Construction materials manufacturer Prefab Bucuresti (PREH.RO) should see growth of 50% in revenue to about 86 million lei (EUR19 million) this year, driven by higher sales of precast concre...