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growth

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Radisson Blu Hotel In Cluj-Napoca Expects 18% Rise In Revenue To EUR9M In 2025
Companies

Radisson Blu Hotel In Cluj-Napoca Expects 18% Rise In Revenue To EUR9M In 2025

Five-star Radisson Blu Hotel in Cluj-Napoca, developed by Winners Park Invest and opened in the summer of 2022, has set its 2025 revenue target at EUR9 million, 18% higher than in 2024, whil...

Loredana Frățilă-Cristescu · 17.02.2025 · 23:45 · 1 min
MidEuropa: Romania Economy Will Grow Faster Than West European Ones
Companies

MidEuropa: Romania Economy Will Grow Faster Than West European Ones

Private equity fund MidEuropa, active locally since the early 20002, expects Romania economy to post faster growth than West European ones, which will make the local market an appealing inve...

Cristina Roșca · 17.02.2025 · 09:52 · 1 min
PwC Autofacts: New Car Sales in Romania Set to Inch Up by 1.1% in 2025
Automotive

PwC Autofacts: New Car Sales in Romania Set to Inch Up by 1.1% in 2025

Sales of new passenger cars and light commercial vehicles on the Romanian market are expected to go up by 1.1% this year against 2024, with Romania being, together with Slovakia, the only co...

Cristina Bellu · 14.02.2025 · 11:32 · 1 min
Statistics Board: Romania Economy Grew by Just 0.9% in 2024
Macroeconomics

Statistics Board: Romania Economy Grew by Just 0.9% in 2024

Romania economy inched up by 0.7% in the fourth quarter of 2024 in both unadjusted and seasonally adjusted data against the year-earlier period, while, against Q3/2024 it had a 0.8% advance...

Cristina Bellu · 14.02.2025 · 10:12 · 1 min
PwC: Romania M&A Market Posted 239 Deals Totally Worth EUR5.9B in 2024, Expected to Hit EUR7B in 2025
Analysis

PwC: Romania M&A Market Posted 239 Deals Totally Worth EUR5.9B in 2024, Expected to Hit EUR7B in 2025

Romania M&A market registered 239 announced deals in 2024, with a total estimated value of EUR5.9 million, reveals a PwC Romania analysis.

Cristina Bellu · 13.02.2025 · 15:19 · 1 min
HILS Development Sees Sales Up 28% In 2024
Real Estate

HILS Development Sees Sales Up 28% In 2024

HILS Development, a company controlled by entrepreneur Ionut Negoita, sold 28% more new apartments and posted 32% growth in revenue in 2024 compared with 2023.

Loredana Frățilă-Cristescu · 11.02.2025 · 23:38 · 1 min
Samsung Romania: Smartphone Market Expanded by 3% by Value in 2024
Technology &Telecoms

Samsung Romania: Smartphone Market Expanded by 3% by Value in 2024

Romania smartphone market rose by 3% in 2024 by value amid consumers’ penchant for more expensive models and the tendency will maintain this year.

Adrian Seceleanu · 06.02.2025 · 10:12 · 1 min
Footprints AI Readies for New Growth Stage, Set to Expand Further in CEE
Technology &Telecoms

Footprints AI Readies for New Growth Stage, Set to Expand Further in CEE

Romanian startup Footprints AI, which has developed an AI-based retail platform, is readying for a new growth stage after having registered a sixfold revenue increase in 2024.

Adrian Seceleanu · 05.02.2025 · 10:45 · 1 min
IRUM Reghin Expects 10% Growth In Revenue In 2025
Companies

IRUM Reghin Expects 10% Growth In Revenue In 2025

The owners of Maviprod-IRUM Group based in Reghin expect revenue to be 10% higher in 2025 than in 2024, when it was about the same as in 2023.

Loredana Frățilă-Cristescu · 04.02.2025 · 23:09 · 1 min