Results 226 - 250 from 1894 for "growth"
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Sheraton Hotel In Bucharest Expects Revenue To Increase 10% To 15% In 2024
04.08.2024
The five-star, 270-room Sheraton Hotel in Bucharest expects revenue to increase 10% to 15% in 2024 compared with 2023, when the results were close to the 2019 level, a reference year in tourism. more
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One United Properties Wants to Reach Portfolio of 11,000 Completed Apartments, Offices for almost 28,000 Corporate Workers and Three Hotels by 2030
04.08.2024
Real estate developer One United Properties during this year’s Capital Markets Day event announced its plan for 2030 envisages its expansion in three key fields: housing, office and retail and more
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Romania Insurance Market Up 10% To RON18.2B Gross Written Premiums In 2023
04.02.2024
Romania’s insurance market ended 2023 with gross written premiums of RON18.2 billion, an increase of 10% on 2022, of which general insurance premiums accounted for RON15.2 billion and life insurance more
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Moody’s Estimates Romania 2024 Economic Growth at 3%, Expects Fiscal Gap of 5.7% of GDP, Marginally Improved vs 2023
04.01.2024
Rating agency Moody’s estimates Romania economy will grow by 3% in 2024 and 3.5% in 2025, supported by consumption, but also by public and private investment, while the government will further face more
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Electrical Equipment Distributor Promelek XXI Posts EUR44M Revenue In 2023
03.27.2024
Electrical equipment distributor Promelek XXI in Cluj-Napoca, part of the Spanish group Elektra, posted about EUR44 million revenue for 2023, up 10% compared with the previous year, when its revenue more
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CFA Analysts Anticipate 5.5% Budgetary Gap, 2.5% GDP Growth in 2024. Inflation Projected to Average 5.46%, Leu to Reach 5.0500 Units/Euro in Next 12 Months
03.27.2024
Financial analysts part of the CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0500 units/Euro in the next 12 months, while the inflation rate will more
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Romania Private Lending Up 4.9% YoY To RON383B In February 2024
03.26.2024
Private lending in Romania went up 4.9% to RON383 billion in February 2024 compared with February 2023, central bank data showed on Tuesday (March 26, 2024). more
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Ambulance Maker Deltamed Sees 88% YoY Increase In Revenue To EUR36M In 2023
03.21.2024
Cluj-based Ambulance and special vehicle maker Deltamed ended 2023 with about EUR36 million revenue, an increase of 88% on the previous year, as a result of higher number of projects and a five-fold more
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iBanFirst Expects Romania Economy to Grow by 2.7% in 2024, Exchange Rate to Fluctuate within RON4.99-5,02/EUR Range, Sees Inflation at 5%
03.21.2024
The evolution of Romania economy in 2024 will be in line with the tendencies registered in the rest of Europe, set to mark modest growth, below potential, of just 2,7%, slightly above the 2% pace of more
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Asbis Romania Sees Revenue Up 20% To $61.63M In 2023
03.20.2024
Asbis Romania, the local subsidiary of Cyprus-based ASBIS, a developer and provider of ICT and IoT products, solutions and services for the Europe, Middle East and Africa (EMEA) markets, posted a 20% more
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PayPoint Romania Processes Over 100 Million Transactions Worth RON13.6B In 2023
03.20.2024
PayPoint Romania processed more than 100 milion transactions worth a total of RON13.6 billion via its 25,000 partner stores and the 24pay app saw a 60% increase in the number of payments in 2023. more
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Fryday Chain Grows To Nine Restaurants, RON28.6M Revenue In 2023
03.20.2024
Romanian fast food chain Fryday, established by Suceava entrepreneur Lucian Florea, has grown to nine restaurants and ended last year with RON28.6 million (EUR5.7 million) revenue, double as much as more
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Construction Sector Generated Almost Half Of Romania's 2023 GDP Growth Of 2.1%
03.20.2024
Romania's economic growth of 2.1% in 2023 was generated almost 50% by the construction sector, which ended up accounting for 8% of the country's GDP, compared to 6% in 2018. more
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Inditex Group Sees 23% Increase In Pre-tax Profit In Romania In 2023
03.18.2024
Spain’s Inditex Group, one of the largest actors in world’s fashion industry, which owns such brands as Zara, Bershka and Massimo Dutti, posted pre-tax profit of EUR92 million in Romania in 2023. more
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The Six Entrepreneurial Companies Part of Morphosis Capital Fund I End 2023 with EUR100M Combined Turnover, Up 49%
03.14.2024
The six entrepreneurial companies part of Morphosis Capital Fund I portfolio in 2023 ended the year with overall turnover worth EUR100 million, up 49% from 2022. more
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Statistics Board Revises Romania’s 2023 Economic Growth To 2.1% From 2%
03.08.2024
Romania's gross domestic product (GDP) estimated for 2023 amounted to RON1,598 billion current prices, increasing in real terms by 2.1% compared to 2022, provisional (1) estimates from the country's more
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Online Store Neakaisa.Ro Counts on EUR6.8M Turnover in 2024
03.07.2024
Neakaisa.ro, an online store specializing in the sale of bathroom sanitary ware, expects its business to maintain the growth pace of 2023, when turnover went up by 10% to EUR6.2 million. more
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Nestlé Romania Sees 18.8% Organic Growth In 2023
02.23.2024
Nestlé Romania posted organic growth in sales of 18.8% in 2023 compared with the previous year, the company said. more
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La Mama Restaurant Chain Ends 2023 With 15% Growth In Revenue
02.21.2024
La Mama restaurant chain started by entrepreneur Catalin Mahu 25 years ago ended 2023 with 15% higher revenue than in 2022. Trotter Restaurant, the operator of the business ended 2022 with RON22.7 more
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Corteva Agriscience Ends 2023 With 23% Growth In Revenue In Romania And Republic Of Moldova
02.20.2024
Corteva Agriscience, a producer of agricultural seeds and plant protection products saw its business in Romania and the Republic of Moldova increase by 23% in 2023 compared with 2022. more
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European Commission Revises Romania' Economic Growth Forecast Down To 2.9% In 2024, Expects 5.8% Annual Inflation
02.16.2024
The European Commission, in its Winter Forecast on February 15, revised downwards its forecast for Romania’s economic growth to 2.9% for 2024 and 3.2% for 2025, lower by 0.2 percentage points (pp) more
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Erste Group Revises Romania's 2024 GDP Growth Forecast Down To 2.6% From 3.3% Previously
02.15.2024
Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has revised downwards its forecast on Romania’s economic growth to 2.6% for 2024 from a previous estimate of 3.3%, after more
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OTP Bank Analysis: Romania's GDP Growth To Accelerate To 2.8% In 2024, Budget Deficit To Stay Close To 6% Of GDP
02.14.2024
Romania's economy may accelerate in 2024 up to nearly 2.8%, driven by household expenditures and a gradual rebound in exports, while investment growth will remain solid, in line with an analysis by more
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Romania's Economy Grows 2% In 2023, Half The 4.1% Growth Rate In 2022
02.14.2024
Romania's economy increased at a 2% annualized pace in 2023 in real terms (in unadjusted data), which is half the 4.1% growth rate reported in 2022, and way below the increase of 5.7% reported in more
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Entrepreneur Mihai Miron Targets over 12% Growth in 2024
02.09.2024
For Rohparma, one of the five largest pharma groups in Romania, and Sf. Constantin Hospital of Brasov, also almost the ten largest private healthcare groups, 2023 topped expectations, amid a high more