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Euroins Romania Ends Q2 with RON1.52B Gross Written Premiums
Euroins Romania, the largest insurer in the country after City Insurance went bankrupt, ended the second quarter with RON1.52 billion in gross written premiums, an increase of 110% year-on-y...
Google Reaches 400 Employees in Romania; Set to Further Grow Local Team
Google’s team in Romania has reached around 400 people and will continue to grow in the coming period, according to the company’s representatives.
Avon to Return to Growth in 2022
2022 will mark a return to growth for Avon, a major player on Romania’s cosmetics market, after three years of decline partly fueled by the pandemic.
Rondorcarton Revenue Rises 30% to EUR60M in H1
Rondocarton, part of the Austrian group Rondo Ganahl, and one of the largest producers of corrugated cardboard in Romania, posted almost EUR60 million revenue in the first half of 2022, comp...
Romanian Cosmetics Market to Grow by 2.3% a Year Until 2026
The cosmetics and perfumery market in Romania will grow by 2.3% on average a year until 2026, an analysis by Virtual Board, a management information democratization platform that integrates...
Allianz-Tiriac Expects Underwritten Premium Volume to Near RON3B Mark at End-2022
Allianz-Tiriac, Romania’s second largest general and life insurer in line with the latest financial watchdog ASF data, estimates it will near the RON3 billion threshold in terms of underwrit...
Inform Lykos Romania Sales Rise 21% to EUR26.7M in H1
Inform Lykos Romania, the local subsidiary of the Greek digital transformation services provider of the same name, saw sales increase by over 21% in the first half of 2022 compared with the...
McDonald’s Romania Revenue Up 25% in H1
Fast-food restaurant chain McDonald's Romania ended the first half of this year with EUR136.6 million revenue, almost 25% higher than the same period in 2021. By comparison, inflation in the...
Dolo Trans Olimp Sees 40% Growth in H1
Trucking company Dolo Trans Olimp (DTO), controlled by entrepreneur Cristian Dolofan), ended the first half of this year with a 40% increase in revenue, the chief executive officer of the co...