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Romania Private Lending Grows 1.4% on Month in June
Private lending grew by 1.4% in nominal terms and 1.1% in real terms to RON300.3 billion in June compared with May, central bank data showed Wednesday.
Uneven Residential Development in Romania’s Biggest Cities in 2020
The residential development of Romania’s top cities is uneven, as the latest publicly available information from the National Statistics Institute show.
Metro Cash & Carry Seeks Double-Digit Growth in 2021
German-held Metro Cash & Carry group has budgeted double-digit growth in revenue year-on-year in 2021. Its officials say they are optimistic about the second half after the first half perfor...
Romanian Households’ Net Wealth Up from RON1,274B in 2011 to RON2,414B in 2020
Romanian households’’ net wealth has increased 1.9 times in the past decade, going from RON1,274 billion in 2011 to an all-time high of RON2,414 billion (almost EUR500 billion) in 2020.
Bergenbier Ends 2020 with RON653M Revenue
Bergenbier, one of the largest brewers in Romania, ended 2020 with more than RON653 million revenue, Finance Ministry data show, some RON2 million more than in 2019. The profit stood at RON2...
Value of Cars Up for Sale on Autovit.ro Rises 40% to EUR1.65B in H1
The value of the cars put up for sale on Romania’s largest online car marketplace Autovit.ro reached EUR1.65 billion in the first half, 40% higher on the year-ago period.
Optical Investment Group Expects More Than RON135M Revenue in 2021
Optical Investment Group (OIG), held by private equity firm Innova, expects more than RON135 million revenue by yearend, an increase of 30% on 2020, when it stood at RON105 million.
Clinica Sante revenue rises to 23% to RON174M in 2020
Clinica Sante, one of the largest private laboratory clinic networks in Romania, saw its revenue go up 23% year-on-year to RON147 million in 2020, ZF has found from publicly available data.
Only 10 Out of 25 Builders Which Saw Revenue Double in 2019 Posted Growth in 2020
Only ten out of 25 construction companies with more than RON100 million revenue, which had doubled revenue in 2019, posted growth again in 2020.