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growth

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Groupama Set to Focus Further on Business Line Development
Banks-Insurance

Groupama Set to Focus Further on Business Line Development

Francois Coste, CEO of Groupama Asigurari says he expects 2022 to be a year of sustainable growth for the company, as well as a year to strengthen the good results generated in 2021. The com...

Mircea Nica · 07.02.2022 · 10:50 · 1 min
New Retail Loans Reach 15-Year High in 2021
Banks-Insurance

New Retail Loans Reach 15-Year High in 2021

New consumer and mortgage loans taken by consumers from banks, in lei and euros, accelerated in 2021 to a 15-year high, after declining in 2020, the first year of the COVID-19 pandemic, Roma...

Loredana Frățilă-Cristescu · 03.02.2022 · 00:00 · 1 min
Travel Agency Eturia 2021 Sales 35% Higher Than in 2019
Companies

Travel Agency Eturia 2021 Sales 35% Higher Than in 2019

Travel agency Eturia ended 2021 with a 35% increase in sales volume compared to 2019, to about EUR15 million. The tour operator has reintroduced to its portfolio of offers for 2022 destinati...

Loredana Frățilă-Cristescu · 03.02.2022 · 00:00 · 1 min
Travel Agency Paralela 45 Sees EUR39M Sales in 2021
Companies

Travel Agency Paralela 45 Sees EUR39M Sales in 2021

Travel agency Paralela 45 posted about EUR39 million sales last year, 140% higher than in 2020.

Loredana Frățilă-Cristescu · 01.02.2022 · 00:00 · 1 min
C&W: Bucharest Hotel Market Sees Highest Growth By RevPAR Among Capital Cities In CEE In 2021
Companies

C&W: Bucharest Hotel Market Sees Highest Growth By RevPAR Among Capital Cities In CEE In 2021

The Bucharest hotel market saw the highest growth among capital cities in the region of Central and Eastern Europe (CEE) in terms of revenue per available room (RevPAR) in 2021, mainly drive...

Ecaterina Craciun · 31.01.2022 · 14:56 · 5 min
Cigarette Wholesaler Punctual Comimpex Posts 17% Growth in Revenue to RON850M In 2021
Companies

Cigarette Wholesaler Punctual Comimpex Posts 17% Growth in Revenue to RON850M In 2021

Cigarette wholesaler Punctual Comimpex based in Cluj-Napoca and owned by entrepreneur Vasile Muresan, ended 2021 with total revenue of RON850.8 million (EUR173 million), up 17.4% year-on-yea...

Loredana Frățilă-Cristescu · 20.01.2022 · 20:20 · 1 min
Romania’s Housing Market Soars by 50% in 2021 amid Record High Deal Volume
Real Estate

Romania’s Housing Market Soars by 50% in 2021 amid Record High Deal Volume

The housing market in 2021 clinched a new record, after over 183,000 apartments were traded, a five-year high, up 50% on the year.

Alina-Elena Vasiliu · 20.01.2022 · 10:14 · 1 min
Delivery Platform Bringo Sees Double-Digit Growth in 2021
Retail&Consumer

Delivery Platform Bringo Sees Double-Digit Growth in 2021

Bringo Magazin, which operates the Bringo delivery platform, posted almost EUR10 million (RON47 million) revenue in 2020 (the last year with publicly available data).

Loredana Frățilă-Cristescu · 18.01.2022 · 20:26 · 1 min
Monza Romania Group Expects EUR70M Revenue in 2022
Health

Monza Romania Group Expects EUR70M Revenue in 2022

Monza Romania Group, held by Italy’s Policlinico di Monza, which operates four hospitals in Romania, ended last year with EUR62.5 million revenue and expects EUR70 million revenue in 2022, i...

Loredana Frățilă-Cristescu · 18.01.2022 · 16:55 · 1 min