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growth

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Romania's GDP Grows 5.1% In 1Q/2022 Vs 4Q/2021
Macroeconomics

Romania's GDP Grows 5.1% In 1Q/2022 Vs 4Q/2021

Romania's gross domestic product (GDP) grew by 5.1% in real terms (in unadjusted data) in the first quarter of 2022 as compared to the fourth quarter of 2021, the country’s statistics board...

Ecaterina Craciun · 08.07.2022 · 12:15 · 1 min
Romanian Media Market Set to Reach EUR640M By Yearend, Up 6% YOY
Companies

Romanian Media Market Set to Reach EUR640M By Yearend, Up 6% YOY

Romania’s overall media market will reach EUR640 million by yearend, with a 6% advance against 2021, including a 20% increase on the digital media segment, in line with the Media Fact Book a...

Cristina Bellu · 07.07.2022 · 11:10 · 1 min
Carrion Expedition Posts RON314M Revenue in 2021
Companies

Carrion Expedition Posts RON314M Revenue in 2021

Carrion Expedition, the Spanish-owned freight transport company based in Cluj-Napoca, posted RON314.3 million (EUR63.9 million) revenue in 2021, down 32.8% from the previous year’s RON467.7...

Loredana Frățilă-Cristescu · 28.06.2022 · 00:00 · 1 min
Grain Trader Agropec Dionis Revenue Rise 63% To EUR57M In 2021
Companies

Grain Trader Agropec Dionis Revenue Rise 63% To EUR57M In 2021

Grain trader Agropec Dionis ended 2021 with RON282.3 million (EUR57.4 million) revenue, up 62.6% on the RON173.6 million (EUR36 million) of 2020, ZF has calculated from Finance Ministry data...

Loredana Frățilă-Cristescu · 27.06.2022 · 21:21 · 1 min
Romania’s Insurance Market Surges 46% to RON4.66B in Q1/2022
Banks-Insurance

Romania’s Insurance Market Surges 46% to RON4.66B in Q1/2022

Romania’s insurance market reached a volume of underwritten gross premiums of RON4.66 billion in the first three months of 2022, a record increase of 46% compared with the year-ago period, t...

Loredana Frățilă-Cristescu · 24.06.2022 · 15:47 · 1 min
Synevo Romania Sees 40% Growth in Revenue to RON447M in 2021
Health

Synevo Romania Sees 40% Growth in Revenue to RON447M in 2021

Synevo Romania, the largest player in the medical laboratory market, posted RON447 million revenue in 2021, up 40% compared with the previous year, according to the data submitted by the com...

Loredana Frățilă-Cristescu · 23.06.2022 · 21:39 · 1 min
AAylex One Expects to Overshoot RON1B Revenue Mark in 2022
Companies

AAylex One Expects to Overshoot RON1B Revenue Mark in 2022

Meat industry company AAylex One expects RON1.3 billion revenue in 2022, 53% more than in 2021.

Loredana Frățilă-Cristescu · 22.06.2022 · 21:42 · 1 min
Savencia’s Delaco Distribution Revenue up to EUR90.6M in 2021
Companies

Savencia’s Delaco Distribution Revenue up to EUR90.6M in 2021

Delaco Distribution, a company owned by French group Savencia Fromage & Dairy, posted RON445.7 million (EUR90.6 million) revenue in 2021, up 11% from RON401.3 million (about EUR83 million) o...

Loredana Frățilă-Cristescu · 22.06.2022 · 20:39 · 1 min
Retailer Smyk Romania Sees Sales up 70% in 2021
Retail&Consumer

Retailer Smyk Romania Sees Sales up 70% in 2021

Polish-held retailer of products for children Smyk All for Kids Romania posted RON90.5 million sales in 2021, 70% higher than in 2020 and expects the trend to continue in 2022, says general...

Loredana Frățilă-Cristescu · 21.06.2022 · 20:18 · 1 min