growth
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Kaufland Grows To 173 Hypermarkets In 2023
The year 2023 was a year of consolidation and maturity for Kaufland Romania, when the retailer continued to expand fast, by opening 13 new hypermarkets, says Valer Hancas, communication and...
EY: Romania IPO Market Continues to Grow Despite Challenging Global Environment for Stock Listings
Romania’s IPO market continues to grow despite a challenging global environment for stock listings and the outlooks remain upbeat, after in 2023 the market capitalization of companies listed...
Integrated Meat Producer Ferma Zootehnica Sees 14% Growth In Revenue In Jan-Oct
Integrated meat and meat products producer Ferma Zootehnica, controlled by the Lazar family from Baia Mare, posted EUR43 million revenue in the first ten months of this year, up 14% compared...
FAN Courier Revenue Up 15% To RON1.25B In 2023
FAN Courier, the leader of the parcel delivery market in Romania, saw its revenue go up 15% to RON1.25 billion this year. The growth is because of the growth of online sales, of the investme...
Bookstore Chain Carturesti Expects To End 2023 With 20% Growth
Bookstore chain Carturesti expects to end this year with 20% higher revenue, as sales went up and the network expanded with stores to several cities in the country.
Dairy Producer Artesana Targets 50% Turnover Growth in Coming Years
Dairy manufacturer Artesana based in Tecuci, Galati county, aims for 50% annual turnover growth in the following years, after having completed the over EUR6 million investment in its second...
Constanta Harbor Boasts Europe’s Third Biggest Increase in Volume of Handled Freight in 2022
Constanta harbor in 2022 posted the third biggest increase at a European level in terms of the volume of handled freight, with a 15% plus, only behind Poland’s Gdansk (plus 40%) and Spain’s...
Boromir Expects EUR160M Revenue In 2023
Industrial bakery business Boromir expects to end 2023 with EUR160 million revenue. However, it seeks fast-paced growth in the future, to reach the EUR500 million revenue mark.
New Car Registrations in Romania Up 15.4% in Jan-Oct 2023 To 122,104 Units
Romania continues to rank 14th in the EU by the number of new passenger cars registered in January-October 2023, with a volume of 122,104 units, up 15.4% from the year-earlier period, of whi...