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Results 1 - 25 from 1118 for "growth"

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  • Life Insurance Up 28% to RON2.22B in Romania in Past Decade

    02.23.2021

    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, however, went more

  • Builder CON-A Returns to Growth in 2020

    02.22.2021

    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 two years of more

  • Mid Europa Partners Expects 2021 to Be Better

    02.19.2021

    The year 2021 will be a better year both overall and for Romania’s economy, believes Matthew Strassberg, comanaging partner of buyout investor Mid Europa Partners. more

  • Kastamonu Romania Revenue Rises 7% to More Than EUR136M in 2020

    02.18.2021

    Kastamonu Romania (formerly Prolemn), held by Turkey’s wood processing group Kastamonu Entegre, posted EUR136 million revenue in 2020, an increase of 7% year-on-year. more

  • Retail Pharmacy Chain Help Net Sales Up 25% to EUR209M in 2020

    02.17.2021

    Help Net, the third leading pharmaceutical retailer by number of pharmacies in Romania, posted EUR209 million (some RON1 billion) sales in 2020, the company said in a release. more

  • Health Insurance Market Almost Triples in Five Years

    02.17.2021

    Health insurance market in Romania ended 2020 with RON451.5 million gross written premiums, Financial Supervisory Authority preliminary data show; premiums have almost tripled in the past five years. more

  • Erste, ING Raise 2021 Growth Projections for Romania after Surprisingly Positive 4Q/2020 Data

    02.16.2021

    Erste Group is revising its 2021 growth projection for Romania to 4.2% from 2.7% and ING Bank is revising its projection to 5.5% from 3.7%, citing high carryover effect from unexpected growth in the more

  • Auto Liability Insurance Market Doubled in A Decade, Comprehensive Insurance Up 26%

    02.16.2021

    Mandatory auto liability insurance (RCA) has recorded a significant increase in the past decade, as gross written premiums doubled, while comprehensive insurance (Casco) lagged behind with slower more

  • 2020 Second Best Year for Construction Sector in a Decade

    02.16.2021

    Construction sector had its second best year in a decade in 2020, despite the pandemic, National Statistics Institute data show. The volume of work increased by 15.9% year-on-year. The growth had been more

  • Preh Romania Expects 13% Rise in Revenue to EUR257M in 2021

    02.15.2021

    Automotive component manufacturer Preh Romania, a supplier of Porsche, Mercedes, Audi and BMW, has budgeted EUR257 million revenue for 2021, an increase of more than 13% on the EUR227 million of 2020. more

  • Rise in Online Commerce Volume Drives Parcel Delivery Market Towards RON5B in 2021

    02.15.2021

    Online commerce, which has been on the rise in the last few years, surged last year as the pandemic made people order and buy more products over the Internet. The parcel delivery industry, one of the more

  • Parcel Delivery Company Sameday Doubles Revenue in 2020

    02.12.2021

    Parcel delivery company Sameday held by online retailer eMAG, last year saw its revenue double both because of the rise in online commerce and because of the investments it has made in the last few more

  • Parcel Delivery Company Cargus Sees 20% Rise in Sales Volume in 2020

    02.11.2021

    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. more

  • Romania's GDP Growth Seen At 4.3%, Investments At Up To RON61B In 2021, PM Says

    02.10.2021

    Prime Minister Florin Citu said Wednesday that Romania’s economic growth is estimated at 4.3% and investments are expected to grow up to RON61 billion, per the 2021 state budget draft put up for more

  • Romania's Exports Up 5% in December

    02.10.2021

    Romania’s exports rose 5.1% in December compared with the year-ago month, which shows the economy is slowly starting to recover. more

  • Pharmacy Chain Tinos Farm Sees 25% Growth in Revenue in 2020

    02.10.2021

    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 RON47 more

  • Elefant.Ro Book Sales Up More Than 30% in 2020

    02.09.2021

    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. more

  • DPD Romania Ends 2020 with Over EUR50M Revenue

    02.08.2021

    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. more

  • Home Delivery Market to Overshoot EUR1B Mark In 2021

    02.02.2021

    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 slower, more

  • Online Furniture Retailer Vivre Sales Rise 45% in 2020

    02.01.2021

    Online furniture and home décor retailer Vivre posted growth of 45% in sales to more than EUR60 million in 2020. more

  • Mortgage Loans Up 10% in 2020

    01.29.2021

    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 home. more

  • Electrolux Optimistic About Market Growth in 2021

    01.28.2021

    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. more

  • Deliveries Generate Over 20% of Restaurant Revenue in 2020

    01.28.2021

    Deliveries contributed more than 20% to the revenue of restaurants, coffee and cake shops, so Romanian consumers spent about EUR500 million in 2020 to get the food, coffee and cakes they would more

  • Consumers and Companies Saved More Than They Borrowed in 2020

    01.28.2021

    The loan volume was lower than the savings consumers and companies kept in banks in 2020, as the loan growth rate slowed down, and the speed of deposits is more than double the increase in loans. more

  • Cosmetics Manufacturer Farmec Cluj-Napoca Budgets Small Growth in Revenue for 2021

    01.21.2021

    Farmec Cluj-Napoca, the largest local cosmetics manufacturer, has budgeted small growth in revenue for this year, but higher than the overall market’s. more

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