Railway Operator Grampet Raises Stake in Polisano Pharmaceuticals to 74%
09.17.2018
Grampet, the largest private railway and logistics operator in Romania, will take over the management of medicines producer Polisano Pharmaceuticals by raising its stake to 74% from 20%.
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evoMAG Targets EUR25M Sales in 2018 08.03.2018
Evolution Prest Systems, which operates online retailer evoMAG, one of the top ten online retailers in Romania, seeks to raise its sales by 40%... more
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Euler Hermes: Rural Areas On Modern Retailers’ Radar: Over 350 Stores Opened In 2017 08.01.2018
Large international retailers present on the Romanian market have started to focus more and more on rural areas, namely, townships with fewer than... more
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Nearly Half of Romanians Buying Online Prefer Payment on Delivery 07.30.2018
Romanians, as most Europeans, are more and more attracted to online payments, but nearly half of Romanians (46%) making online purchases prefer to... more
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Carrefour Sales in Romania Grow 8.1% in 1H/2018, to EUR993 07.30.2018
French retail chain Carrefour registered gross sales (with value-added tax) of EUR993 million in Romania in the first half of the year, 8.1% higher... more
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Boromir Majority Holder Seeks to Buy Out Minority Holders for RON3.56M 07.27.2018
Boromir IND, the company that owns 97.6% of the share capital of milling and bakery company Boromir Prod Buzău (SCPU.RO), offers RON3.56 million... more
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Dairy Producer Olympus Invests EUR20M in New Production Line 07.26.2018
Greek dairy producer Olympus, which owns a dairy factory in Brasov county, central Romania, has invested over EUR20 million in a new production... more
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Inditex Opens Zara Home and Oysho Stores in Timisoara, Western Romania 07.26.2018
Spanish group Inditex will open the first Zara Home and Oysho stores in Timisoara, western Romania, in the Openville project, and the group's five... more
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Dedeman Gets Antitrust Clearance to Buy Cemacon 07.23.2018
The takeover of brick manufacturer Cemacon and its real estate division Cemacon Real Estate SRL by Dedeman and PIF Industrial, companies that are... more
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Ploiesti Shopping City Invests EUR1M in Food Court Remodel 07.23.2018
Ploiesti Shopping City, developed by Carrefour Property Romania and NEPI Rockcastle, will invest EUR1 million to remodel its food court area, which... more
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Fashion Days Aims For Higher Than Market Average Growth, Profitability 07.20.2018
Online fashion retailer Fashions Days held by local company Dante International, which also operates eMAG, plans to grow sales at a higher rate... more
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Romania Becomes Kaufland’s Second Biggest Market 07.19.2018
German-held retailer Kaufland, which has 119 hypermarkets in Romania, posted 10.1 billion lei (EUR2.2 billion) revenue in the country in 2017,... more
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Profi Expects 25% Growth In H2 07.18.2018
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... more
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Vola.ro 1H/2018 Turnover up 18.5%, to EUR4.2M 07.17.2018
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... more
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Schweighofer Still Driving Destruction of Ancient Forests in Romania, EIA Investigation Finds 07.17.2018
A new investigation from the Environmental Investigation Agency (EIA) shows Austrian timber giant Holzindustrie Schweighofer, one of the largest... more
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Danone Romania Turnover Grows 3% in 2017, to RON497M 07.17.2018
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... more
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Top Five Pharmaceutical Retailers Account For 24% Of Market In Romania 07.17.2018
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... more
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Footwear Retailer And Manufacturer Musette Considers New Plant 07.17.2018
Footwear manufacturer Musette, which also owns retail operations, saw its revenue up about 5% last year, the lowest growth in the last few years,... more
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BestKids Invests EUR100,000 in Opening Two Stores This Year 07.16.2018
Toy retailer BestKids will invest EUR100,000 this year to open two stores, in Bistrita and Baia Mare, after opening its first store, in... more
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CTP Seeks to Expand CTPark Bucharest West to 1 Million Sqm 07.13.2018
CTP, the largest developer of logistical and industrial spaces in Romania, plans to expand CTPark Bucharest West up to 1 million square meters,... more
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EIB Supports Construction of Arctic White Goods Factory in Romania 07.13.2018
The European Investment Bank (EIB) is lending EUR68 million to white goods producer Arctic to finance the construction of a large-scale washing... more
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower
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Hotels, pensions, lodges and motels in Bucharest and in the Constanta and Brasov counties posted more than 2.5 billion lei (EUR538
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Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in
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Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment,
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The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about
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The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the
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The Bucharest Stock Exchange increases the maximum number of companies in its BET index and its total return version BET-TR from 15 to
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value of EUR530 million, according to Cushman & Wakefield Echinox calculations and estimates.
