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Sarantis Close to RON500M Revenue in Romania in 2022
Cosmetics and consumer goods producer and distributor Sarantis, held by the Greek group by the same name, increased its revenue by 14.3% to RON463.5 million in Romania in 2022, in a year wit...
New car registrations in Romania Up 27.6% in 1Q/2023, To 36,966 Units
Romania continues to rank 14th in the European Union by the number of new passenger cars registered in January-March, with 36,966 units, up 27.6% from the same period of 2022, in line with d...
ING Group Wants to Grow Further in Romania
Steven van Rijswijk, ING Group CEO, says Romania is a good market, its economy has weathered previous and current crises well, and the Dutch group’s desire is to grow further on its banking...
Motorola Mobility Sees Significant Growth in Romania in 2022
Motorola Mobility, part of China’s Lenovo Group, has constantly grown in Romania in the last few years, reaching 300,000 phone activations (phones purchased and activated by insertion of a S...
De’Longhi Expects Growth in Romania in 2023
The De’Longhi unit that handles import and wholesale of home appliances in Romania budgeted growth again in 2023, after a 9% increase in sales last year.
Fox Com Serv Distribution Posts 24% Growth in Revenue to RON447M in 2022
FOX Com Serv Distribution, the largest company of the Fox Group, ended 2022 with RON447 million (more than EUR90 million) revenue, an increase of 24% year-on-year, ZF has calculated from Fin...
Zentiva Seeks RON100M Profit and RON850M Sales in 2023
Zentiva (SCD.RO), the largest pharmaceutical company listed on the Bucharest Stock Exchange, though with a low free float of merely 4%, is aiming for net sales of RON856 million and RON101.7...
Window and Door Manufacturer Optimedia Posts 50% Growth in Revenue to EUR67M in 2022
PVC and aluminum windows and doors manufacturer Optimedia ended 2022 with EUR67 million revenue, up 50% compared with the previous year, the company said.
Fortim Trusted Advisors: Romania Real Estate Investments Up 72%, Deal Volume Down in 1Q/2023 from Year-Earlier Period
Real estate investments in the first quarter of 2023 topped EUR153 million, up 72% from the same period of last year, reveals an analysis by Fortim Trusted Advisors, a member of the BNP Pari...