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growth

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Boston Consulting Group: Romanians’ Wealth Set to Grow 7% by 2027, from $200B
Banks-Insurance

Boston Consulting Group: Romanians’ Wealth Set to Grow 7% by 2027, from $200B

Personal net worth in Romania rose at an annual rate of 10.5% in the past five years, to $200 billion and is expects to continue to growth by around 7% by 2027, overshooting the growth rate...

Cristina Bellu · 21.07.2023 · 14:20 · 1 min
Segezha Packaging Expects 10% Growth In Revenue In 2023
Companies

Segezha Packaging Expects 10% Growth In Revenue In 2023

Paper packaging manufacturer Segezha Packaging switched from profit to loss in 2022, but its revenue increased by 31% to RON102.6 million, almost 20% of which generated by exports. The compa...

Loredana Frățilă-Cristescu · 20.07.2023 · 19:40 · 1 min
Regional Airports Drive Growth In Passenger Traffic In 2023
Companies

Regional Airports Drive Growth In Passenger Traffic In 2023

Passenger traffic on Romania’s airports was higher in the first half of 2023 than in the same period of 2019. Contrary to expectations, however, the growth drivers were the regional airports...

Loredana Frățilă-Cristescu · 19.07.2023 · 20:54 · 1 min
Ducfarm Group Posts RON628M Revenue In 2022
Companies

Ducfarm Group Posts RON628M Revenue In 2022

Romanian-held Ducfarm pharmacies and the pharmaceutical wholesaler by the same name posted more than RON628 million revenue together in 2022, up 20% from the previous year, Finance Ministry...

Loredana Frățilă-Cristescu · 19.07.2023 · 20:38 · 1 min
Arcada Company Posts 62% Growth In Revenue To RON533M In 2022
Companies

Arcada Company Posts 62% Growth In Revenue To RON533M In 2022

Arcada Company, the largest construction company in Galati County and one of the builders of the Cluj-Napoca subway, ended 2022 with record high revenue, RON533 million, an increase of 62% y...

Loredana Frățilă-Cristescu · 19.07.2023 · 20:21 · 1 min
INS: Romania Construction Works Up 19.9% in May from April
Macroeconomics

INS: Romania Construction Works Up 19.9% in May from April

The volume of construction works in Romania rose by 19.9% in May from April 2023, in gross series, and by 3.7% when adjusted to the number of working days and seasonality, in line with data...

Cosmin Pirv · 19.07.2023 · 10:38 · 1 min
New Car Registrations in Romania Up 25.4% in 1H/2023 To 73,645 Units
Automotive

New Car Registrations in Romania Up 25.4% in 1H/2023 To 73,645 Units

Romania continues to rank 14th in the EU by the number of new cars registered in January-June, with a volume of 73,645 units, up 25.4% from the year-earlier period, of which 6,998 were full-...

Cristina Bellu · 19.07.2023 · 10:05 · 1 min
Baby Wipe Maker Europack Ends H1 With 25% Growth In Revenue
Companies

Baby Wipe Maker Europack Ends H1 With 25% Growth In Revenue

Constanta-based Europack Media, a manufacturer of baby wipes established by local entrepreneurs, ended the first half with 25% higher revenue and if the growth pace remains unchanged, it wil...

Loredana Frățilă-Cristescu · 18.07.2023 · 23:47 · 1 min
Astra Vagoane Calatori Expects Revenue To Go Up To RON400M In 2023
Companies

Astra Vagoane Calatori Expects Revenue To Go Up To RON400M In 2023

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, ended last year with RON225 million revenue and expects it to go up to RON40...

Loredana Frățilă-Cristescu · 17.07.2023 · 20:24 · 1 min