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growth

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Pharmaceutical Wholesaler Novoline Revenue Up 30% to RON160M in 2020
Health

Pharmaceutical Wholesaler Novoline Revenue Up 30% to RON160M in 2020

Pharmaceutical wholesaler Novoline ended 2020 with some RON160 million revenue, an increase of 30% on 2019.

Loredana Frățilă-Cristescu · 26.04.2021 · 09:00 · 1 min
Paper Packaging Maker Segezha Packaging Sees Revenue Rise 20% in 2020
Companies

Paper Packaging Maker Segezha Packaging Sees Revenue Rise 20% in 2020

Paper packaging manufacturer Segezha Packaging posted growth of 20% in revenue to RON75.9 million in 2020, Finance Ministry data show. This is its highest growth in revenue in a decade.

Loredana Frățilă-Cristescu · 22.04.2021 · 10:41 · 1 min
Mask Maker Coramed Revenue Doubles in 2020
Companies

Mask Maker Coramed Revenue Doubles in 2020

Face mask and other medical products manufacturer Coramed ended 2020 with RON16.6 million revenue, an increase on the RON7.2 million of 2019, Finance Ministry data show.

Loredana Frățilă-Cristescu · 22.04.2021 · 10:12 · 1 min
IT&C Product Distributor ASBIS Romania Revenue Up 29% to EUR45M in 2020
Technology &Telecoms

IT&C Product Distributor ASBIS Romania Revenue Up 29% to EUR45M in 2020

ASBIS Romania, the local subsidiary of Cyprus-based IT product distributor ASBIS, ended 2020 with EUR45.85 million revenue, an increase of 29% on the previous year, fueled by the greater dem...

Loredana Frățilă-Cristescu · 20.04.2021 · 11:04 · 1 min
Profi Seeks to Double Market Share to Almost 24% by 2024
Retail&Consumer

Profi Seeks to Double Market Share to Almost 24% by 2024

Retailer Profi held by buyout investor Mid Europa Partners, seeks to expand to 2,500 stores by 2024, as well as attain RON20.5 billion sales and 23.9% market share, a report of the company s...

Loredana Frățilă-Cristescu · 16.04.2021 · 10:01 · 1 min
Romanians Returning Home Kept Beer Consumption from Dropping in 2020
Analysis

Romanians Returning Home Kept Beer Consumption from Dropping in 2020

The beer industry, put at more than EUR1 billion a year and a consumption of 85 liters per capita a year, was less hurt in Romania than in other countries in 2020 because the decline in on-p...

Loredana Frățilă-Cristescu · 15.04.2021 · 09:00 · 1 min
AAylex Group Aims For 20% Growth in Revenue in 2021
Companies

AAylex Group Aims For 20% Growth in Revenue in 2021

AAylex Group, one of the leading actors in the poultry industry in Romania, set out to attain growth of 20% in 2021, following the addition of new products and development of sales.

Loredana Frățilă-Cristescu · 14.04.2021 · 10:44 · 1 min
Online Retailer Vexio Aims for 25% Growth in Sales to EUR25M in 2021
Technology &Telecoms

Online Retailer Vexio Aims for 25% Growth in Sales to EUR25M in 2021

Romanian-held Vexio, an online retailer of consumer goods, computer and electronics products, home and garden products and school supplies, expects a 25% increase in sales to EUR25 million t...

Loredana Frățilă-Cristescu · 13.04.2021 · 10:43 · 1 min
Romanian Construction Material Manufacturers See 20% to 30% Growth in 2020
Analysis

Romanian Construction Material Manufacturers See 20% to 30% Growth in 2020

In a year when the pandemic ravaged Romania’s economy, construction material manufacturers posted growth, as the industry was one of the few that kept working almost as usual in 2020.

Loredana Frățilă-Cristescu · 08.04.2021 · 09:22 · 1 min