growth
1.737 articole · RSS
H&M Sales Close To RON1B In 2022
Fashion retailer H&M posted almost RON977 million sales in Romania in 2022, 15% higher than in 2021, the second year of the pandemic when there were still restrictions in force. Retail opera...
Huf Romania Returns To Profit And Sees Revenue Up In 2022
Car access and authorization systems manufacturer Huf Romania, part of Germany’s Huf Group, posted about RON505.8 million (EUR102.5 million) revenue in 2022, a 53% increase year-on-year, ZF...
Carbochim Posts RON117M Net Profit In Q1 Following Sale Of Assets
Carbochim Cluj-Napoca (CBC.RO), the largest professional abrasives manufacturer in Romania, posted RON116.8 million net profit in the first quarter of 2023, up from the mere RON1.04 million...
European Commission Raises Romania’s Economic Growth Forecast From 2.5% To 3.2% In 2023
The European Commission believes Romania’s economy will see higher growth than expected and raised its real GDP growth forecast from 2.5% to 3.2% for 2023.
Builder Tancrad Posts 25% Growth In Revenue To EUR264M In 2022
Galati-based builder Tancrad saw its revenue increase by 25% to RON364 million in 2022, the latest data on the Finance Ministry website show. The revenue returned to growth after the decline...
Penny Sees Sales Up 33% To RON7.2B In 2022
Discount retailer Penny Romania, held by Germany’s Rewe Group, ended last year with RON7.2 billion sales, an increase of 33% on 2021. The growth is because of the expansion of the store chai...
Tema Energy Expects Slight Growth In Revenue To EUR13M In 2023
Romanian-held Tema Energy, a supplier of technology specializing in building data centers on its own, from design to delivery, installation, startup and maintenance and support services, exp...
Footwear Retailer Benvenuti Sees 31% Growth In Revenue To RON30.8M In Q1
Footwear retailer Benvenuti posted RON30.8 million revenue in the first quarter of 2023, an increase of about 31% on the year-ago period, the retailer said.
Romania Insurance Market Reaches RON16.5B Gross Underwritten Premiums in 2022, Up 16% YOY
Romania’s insurance market reached a gross underwritten premium volume of RON16.5 billion at the end of 2022, up 16% from 2021, with general insurance weighing 84%, meaning an underwritten p...