growth
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Sortilemn Gherla Expects 10% Rise in Revenue in 2021
Furniture manufacturer Sortilemn Gherla, one of the most important Romanian suppliers of the IKEA group, expects growth of 10% in revenue year-on-year in 2021, following expansion and develo...
Cosmetics Manufacturer Farmec Cluj Expects 5% Growth in Revenue in 2021
Romania’s largest cosmetics manufacturer Farmec Cluj should see growth in the summer, says chief executive officer Mircea Turdean.
Lego Romania Sees Double-Digit Growth in Sales in 2020
The surge in demand for toys in 2020 as the pandemic kept people indoors led to a rise in the sales of the companies in this business, and Lego even posted 13% growth globally, the company’s...
Winmarkt Romania Makes Return to Growth Its 2021 Mission
The owner of the Winmarkt shopping centers has budgeted a return to growth this year after the pandemic made 2020 the most difficult year for the group operating in Italy and Romania.
Romanian Capital Market Sees 18% Annual Growth in February
The Romanian capital market posted nearly 18% growth in the past year and nearly a quarter of the growth rate was achieved in January and February 2021, Bucharest Stock Exchange data showed...
Carrier Gebrüder Weiss’ Home Delivery Unit Sees 85% Rise in Revenue in 2020
Home Delivery, the residential freight delivery unit of carrier Gebrüder Weiss, posted 85% increase in revenue in Romania year-on year in 2020. The number of shipments was 123% higher or mor...
BRD-SocGen Expects Moderate Economic Growth in Romania in 2021
The performance of the banking sector depends on the performance of the economy, and they will be convergent, while the economic growth will be moderate in 2021 and have a positive effect on...
Life Insurance Up 28% to RON2.22B in Romania in Past Decade
Life insurance, a segment that has significant potential in Romania, reached RON2.22 billion gross written premiums at the end of 2020, 2% lower than in 2019. The gross written premiums, how...
Builder CON-A Returns to Growth in 2020
Sibiu-based builder CON-A of entrepreneur Mircea Bulboaca ended 2020 with EUR101 million revenue, the corporate website says. This is 13% higher than in 2019 and is the first growth after tw...