growth
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Parcel Delivery Company Cargus Sees 20% Rise in Sales Volume in 2020
Parcel delivery company Cargus posted growth of 20% in sales volume last year. Its investments in a warehouse, logistics and IT&C upgrades reached EUR11 million.
Romania's Exports Up 5% in December
Romania’s exports rose 5.1% in December compared with the year-ago month, which shows the economy is slowly starting to recover.
Pharmacy Chain Tinos Farm Sees 25% Growth in Revenue in 2020
Local pharmacy chain Tinos Farm will open two more pharmacies in the first half of 2021 to add to the 18 it already has in Bucharest and Ilfov, after having seen its revenue rise by 25% to R...
Elefant.Ro Book Sales Up More Than 30% in 2020
Elefant.ro, one of the largest online retailers in Romania, posted 30% higher sales of books last year compared with 2019, even though the overall market witnessed a slight decline.
DPD Romania Ends 2020 with Over EUR50M Revenue
Parcel delivery company DPD Romania, one of the largest on the local market, ended 2020 with more than EUR50 million revenue an increase of 30% on the about EUR35 million of 2019.
Home Delivery Market to Overshoot EUR1B Mark In 2021
The delivery market in Romania will continue its upward trend and overshoot the EUR1 billion mark in 2021 after having gone up four or five times in value last year. The growth speed will be...
Online Furniture Retailer Vivre Sales Rise 45% in 2020
Online furniture and home décor retailer Vivre posted growth of 45% in sales to more than EUR60 million in 2020.
Mortgage Loans Up 10% in 2020
Mortgage loan volume went up by more than 9.8% or RON8 billion to RON89 billion lei year-on-year in 2020, and lenders offset the decline in consumer loans with the higher sales for buying a...
Electrolux Optimistic About Market Growth in 2021
Home appliances manufacturer Electrolux, which owns a plant in Satu Mare in Romania, posted growth again in 2020, despite the Covid-19 pandemic that wreaked havoc in the economy.