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Profi Expects 25% Growth In H2
Retail&Consumer

Profi Expects 25% Growth In H2

Retailer Profi, held by buyout investor Mid Europa Partners, posted growth of 25% in sales in the first half compared with the year-ago period and budgeted the same growth pace for the secon...

Loredana Frățilă-Cristescu · 18.07.2018 · 09:14 · 1 min
Vola.ro 1H/2018 Turnover up 18.5%, to EUR4.2M
Companies

Vola.ro 1H/2018 Turnover up 18.5%, to EUR4.2M

Online travel agency Vola.ro said Tuesday it had a turnover of EUR4.2 million in the first half of the year, up 18.5% compared with the same period in 2017, and expects EUR8.6 million for th...

Oana Gavrila · 17.07.2018 · 15:48 · 1 min
Schweighofer Still Driving Destruction of Ancient Forests in Romania, EIA Investigation Finds
Social/Politics

Schweighofer Still Driving Destruction of Ancient Forests in Romania, EIA Investigation Finds

A new investigation from the Environmental Investigation Agency (EIA) shows Austrian timber giant Holzindustrie Schweighofer, one of the largest wood processors in Romania, continues to sour...

Oana Gavrila · 17.07.2018 · 14:55 · 1 min
Danone Romania Turnover Grows 3% in 2017, to RON497M
Retail&Consumer

Danone Romania Turnover Grows 3% in 2017, to RON497M

Danone Romania, leader of the Romanian yogurt market, ended 2017 with a turnover of RON497 million, around 3% higher than in 2016, the company said Tuesday.

Oana Gavrila · 17.07.2018 · 14:29 · 1 min
Top Five Pharmaceutical Retailers Account For 24% Of Market In Romania
Health

Top Five Pharmaceutical Retailers Account For 24% Of Market In Romania

The number of pharmacies held by the five largest pharmaceutical retailers in Romania tripled in 2006-2017 from 619 to 1,961, ZF has found from the “Cei mai mari jucatori din economie” (Key...

Loredana Frățilă-Cristescu · 17.07.2018 · 09:29 · 1 min
Footwear Retailer And Manufacturer Musette Considers New Plant
Retail&Consumer

Footwear Retailer And Manufacturer Musette Considers New Plant

Footwear manufacturer Musette, which also owns retail operations, saw its revenue up about 5% last year, the lowest growth in the last few years, when it had a double-digit growth rate.

Loredana Frățilă-Cristescu · 17.07.2018 · 09:00 · 1 min
BestKids Invests EUR100,000 in Opening Two Stores This Year
Retail&Consumer

BestKids Invests EUR100,000 in Opening Two Stores This Year

Toy retailer BestKids will invest EUR100,000 this year to open two stores, in Bistrita and Baia Mare, after opening its first store, in Cluj-Napoca, last year.

Oana Gavrila · 16.07.2018 · 12:10 · 1 min
CTP Seeks to Expand CTPark Bucharest West to 1 Million Sqm
Companies

CTP Seeks to Expand CTPark Bucharest West to 1 Million Sqm

CTP, the largest developer of logistical and industrial spaces in Romania, plans to expand CTPark Bucharest West up to 1 million square meters, making it the biggest logistical park in Easte...

Oana Gavrila · 13.07.2018 · 16:53 · 1 min
EIB Supports Construction of Arctic White Goods Factory in Romania
Retail&Consumer

EIB Supports Construction of Arctic White Goods Factory in Romania

The European Investment Bank (EIB) is lending EUR68 million to white goods producer Arctic to finance the construction of a large-scale washing machine production plant featuring advanced ma...

Oana Gavrila · 13.07.2018 · 15:38 · 1 min