growth
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SD Worx Bets On Romania Growing Faster Than Group, By 20% In Coming Years
The market for payroll and human capital management solutions in Romania is going digital fast, creating significant growth potential for Romanian Software - the industry leader - in the com...
Austrian Builder Strabag Posts 65% Production Volume Increase in Romania in 2023
Austrian constructions company Strabag in 2023 registered a 65% increase in production volume, to EUR519 million, in parallel with a 13% reduction in orders, at EUR495 million.
Kearney: Romanian Banks Registered Above Average Income Growth Vs European Peers In 2023
Romanian banks registered above average income growth versus European peers in 2023, but they still need to catch-up (even with some CEE peers) in productivity metrics like profit per custom...
Romania Private Lending Up 4.7% YoY To RON387B In March 2024
Private lending in Romania went up 4.7% to RON387 billion in March 2024 compared with March 2023, central bank data showed on Wednesday (April 24, 2024).
Cosmetics Manufacturer Farmec Sees Revenue Up 20% To Almost RON360M In 2023
The Cluj-based cosmetics manufacturer Farmec ended 2023 with about 20% growth in revenue to RON358 million (more than EUR71 million), after entering new market segments, expanding its retail...
Maspex Sees Net Profit Up 34% To RON153M In 2023
Maspex Romania, producer of such brands as Tymbark, Salatini, Bucovina and Arnos, ended 2023 with RON1.15 billion (EUR234 million) revenue, up more than 12% from the previous year, Finance M...
Air Claim Almost Doubles Profit To RON3M In 2023
Air Claim (CLAIM.RO), a company that helps people get compensations for delayed or canceled flights, posted RON3.15 million net profit in 2023, an increase of 93.2% from the RON1.63 million...
Deltaica Seafood Expects 20% Growth In Revenue In 2024
Deltaica Seafood, which sells canned and prepared fish, ended 2023 with RON40 million revenue, a slight increase over 2022 and has budgeted a 20% increase for this year, its officials say.
IMF Sees Romania’s GDP Growth At 2.8% And Inflation At 6% In 2024
International Monetary Fund (IMF) has revised its actual economic growth forecast for Romania downwards to 2.8% in 2024 from the 3.8% estimated in the October 2023 forecast, its latest “Worl...