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Online Fashion Retailer Answear Expects 20% Growth in Sales in 2023
Polish-held online retailer Answear, which has a presence in Romania since 2015, aims to increase local sales by 20% this year compared with 2022, when its biggest growth, 40% was recorded i...
Metro Romania Counts on Three Development Pillars in 2023
In 2023, Metro Romania development will be based on three pillars: the expansion of LaDoiPasi franchise (with the network set to go beyond 2,000 stores this year), service digitalization and...
EY: Romanian M&A Market Up 10% in 2022 To $6.6B
The Romanian M&A market registered 258 deals in 2022, up 26%, with a total estimated value of $6.6 billion, 10% above the 2021 level, reveals an analysis by EY Romania.
Winemaker Purcari Revenue Rises 22% to RON303M in 2022
Winemaker Purcari (WINE.RO) posted RON302.6 million revenue last year, up 22% on the 2021 figure, above the previously announced guidance of 15%-20%, according to preliminary commercial resu...
Deloitte: Romania M&A Market Above EUR6.5B in 2022
The mergers and acquisitions (M&A) market in Romania reached a record high in terms of value and number of transactions in 2022, as the total estimated market value for both disclosed and un...
Metropolitan Life Expects Sustainable Growth in 2023
Metropolitan Life expects sustainable growth in 2023 as well, after the company has maintained a steady two-digit increase in recent years, Carmina Dragomir, CEO of Metropolitan Life, the se...
Hospital And Medical Center Network Arcadia Expects RON175M Revenue in 2022
Hospital and medical center network Arcadia, which operates in Moldavia, inaugurated the Medical Rehabilitation Hospital (Spitalul de Recuperare Medicala) in Iasi in 2022, following a more t...
Romania’s Economy Grows 1.2% In Q3/2022 Vs Q2/2022
Romania's gross domestic product (GDP) grew by 1.2% in real terms (in unadjusted data) in the third quarter of 2022 as compared to the second quarter of 2022, provisional (2) estimates from...
Leroy Merlin Sees RON3.4B Sales in 2022
Leroy Merlin, a top three player on the Romanian DIY market by revenue, posted RON3.4 billion sales in 2022, which translates into an increase of more than 30% compared with the previous yea...