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growth

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Romania Private Lending Up 5.7% YOY To RON393.5B in May 2024
Banks-Insurance

Romania Private Lending Up 5.7% YOY To RON393.5B in May 2024

Private lending in Romania rose in May 2024 by 5.7% from the year-earlier period, to RON393.5 billion, after local currency loans posted a 7.6% increase and foreign currency ones a 1.6% adva...

Cristina Bellu · 25.06.2024 · 15:34 · 1 min
UPS Banks on Romania Firms’ Exports to Boost Local Business
Companies

UPS Banks on Romania Firms’ Exports to Boost Local Business

UPS Romania, a major player on the local courier services market, part of the US group of the same name, bets on Romanian companies’ exports to scale up its local business.

Miruna Diaconu · 18.06.2024 · 09:43 · 1 min
Deloitte’s IT Services Center Growth Rate Abruptly Slows Down In 2023
Technology &Telecoms

Deloitte’s IT Services Center Growth Rate Abruptly Slows Down In 2023

Deloitte Tehnologie SRL, the IT services center the consulting and auditing company opened in Bucharest in 2016, saw its revenue growth pace abruptly slow down in 2023, following six double-...

Loredana Frățilă-Cristescu · 17.06.2024 · 23:40 · 1 min
Number of Prosumers in Romania Hits 121,000; Likely to Triple by 2030
Energy

Number of Prosumers in Romania Hits 121,000; Likely to Triple by 2030

While in early 2020 Romania had just 271 prosumers, this exclusivist club has now turned into a significant player in the local energy field. Thus, at end-March 2024, Romania had over 121,00...

Roxana Petrescu · 17.06.2024 · 09:31 · 1 min
Electronic Component Maker Plexus Revenue Up 36.2% To Nearly RON1.5B In 2023
Companies

Electronic Component Maker Plexus Revenue Up 36.2% To Nearly RON1.5B In 2023

Electronic components manufacturer Plexus Services Ro, the local subsidiary of the US group Plexus, posted RON1.484 billion (EUR300.1 million) revenue last year, up 36.2% compared with the p...

Loredana Frățilă-Cristescu · 13.06.2024 · 22:38 · 1 min
Ursus Breweries Sees Revenue Up 17% In 2023, Expects Growth To Continue
Companies

Ursus Breweries Sees Revenue Up 17% In 2023, Expects Growth To Continue

Ursus Breweries, the largest brewer in Romania, ended 2023 with RON2.67 billion revenue, up 17% from the previous year, Finance Ministry data show.

Loredana Frățilă-Cristescu · 12.06.2024 · 22:26 · 1 min
PwC Autofacts: New Car Sales in Romania Set to Edge Up by 1.7% in 2024 for Passenger Cars and 0.6% for Commercial Vehicles
Automotive

PwC Autofacts: New Car Sales in Romania Set to Edge Up by 1.7% in 2024 for Passenger Cars and 0.6% for Commercial Vehicles

Passenger car sales with rise by 1.7% in Romania in 2024 yearly, and those of light commercial vehicles will inch up by 0.6%, reveals PwC Autofacts report drawn up in Romania, Poland, Czechi...

Roxana Dumitru Rosu - Mediafax · 07.06.2024 · 10:49 · 1 min
Top Five Rolling Stock Makers In Romania See Revenue Up 56% YoY To RON3B In 2023
Automotive

Top Five Rolling Stock Makers In Romania See Revenue Up 56% YoY To RON3B In 2023

The five largest rolling stock manufacturers in Romania posted about RON3 billion revenue in 2023, an increase of 56% on 2022, ZF has calculated from Finance Ministry data.

Loredana Frățilă-Cristescu · 06.06.2024 · 07:00 · 1 min
Universal Alloy Corp Posts RON1.2B Revenue In 2023, 38% Higher YoY
Companies

Universal Alloy Corp Posts RON1.2B Revenue In 2023, 38% Higher YoY

Aluminum aircraft parts maker Universal Alloy Corp, a member of the Montana Group of Austrian entrepreneur Michael Tojner, ended last year with RON1.2 billion revenue, up 38% from the previo...

Loredana Frățilă-Cristescu · 06.06.2024 · 07:00 · 1 min