growth
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Cris-Tim Seeks To Invest Over EUR75M In Company Growth
Cris-Tim, a cold cuts and dairy producer held by the Timis family, plans to invest over EUR75 million in the coming period in order to develop the company.
Cargus Overshoots RON500M Annual Revenue Mark For First Time
Cargus, one of the biggest actors on the parcel delivery market in Romania, has overshot the RON500 million revenue mark for the first time ever. Last year, it posted RON508 million revenue,...
Cegeka Romania Ends 2023 With EUR60M Revenue
Technology company Cegeka Romania, the local subsidiary of the Belgian IT group by the same name, posted EUR60 million revenue in 2023, up almost 30% from the previous year, its representati...
Romania Private Lending Up 5.8% YoY To RON391B In April
Private lending in Romania went up 5.8% to RON391 billion in April 2024 compared with April 2023, central bank data showed on Monday (May 27, 2024).
Romania’s Insurance Market More Than Doubled In A Decade
Romania’s insurance market has grown a lot and more than doubled in the past decade, while its main segments have either performed the same or tripled or grown ten-fold, like the life insura...
Operating Leasing Market Ends 2023 With 12% Growth YoY
The operating leasing market in Romania grew by 12% to 89,500 units under management in 2023, of which more than 90% are full service, according to the estimates of the Association of Operat...
Road Freight Carrier Criboser Expects Further Growth In 2024
Oradea-based Criboser, the second most dynamic road carrier in Romania by revenue in 2022, expects business to grow this year after buying 20 more trucks to carry goods from Belgium, Germany...
Lensa Revenue Up 54% To More Than RON207M In 2023
Lensa, one of the most important players in the Romanian eyewear market, recorded last year revenues of more than RON207 million, up 54%, and reached a network of 81 stores, after opening 47...
CFA Analysts Forecast 2.7% Economic Growth, 5.4% Budgetary Gap in 2024. Inflation Expected to Average 5.33%, Leu to Reach 5.0419 Units/Euro in Next 12 Months
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0419 units/Euro in the next 12 months, while the inflation rat...