Results 126 - 150 from 1807 for "growth"
-
Kearney: Romanian Banks Registered Above Average Income Growth Vs European Peers In 2023
04.24.2024
Romanian banks registered above average income growth versus European peers in 2023, but they still need to catch-up (even with some CEE peers) in productivity metrics like profit per customer or more
-
Romania Private Lending Up 4.7% YoY To RON387B In March 2024
04.24.2024
Private lending in Romania went up 4.7% to RON387 billion in March 2024 compared with March 2023, central bank data showed on Wednesday (April 24, 2024). more
-
Cosmetics Manufacturer Farmec Sees Revenue Up 20% To Almost RON360M In 2023
04.23.2024
The Cluj-based cosmetics manufacturer Farmec ended 2023 with about 20% growth in revenue to RON358 million (more than EUR71 million), after entering new market segments, expanding its retail chain and more
-
Maspex Sees Net Profit Up 34% To RON153M In 2023
04.17.2024
Maspex Romania, producer of such brands as Tymbark, Salatini, Bucovina and Arnos, ended 2023 with RON1.15 billion (EUR234 million) revenue, up more than 12% from the previous year, Finance Ministry more
-
Air Claim Almost Doubles Profit To RON3M In 2023
04.17.2024
Air Claim (CLAIM.RO), a company that helps people get compensations for delayed or canceled flights, posted RON3.15 million net profit in 2023, an increase of 93.2% from the RON1.63 million of 2022. more
-
Deltaica Seafood Expects 20% Growth In Revenue In 2024
04.16.2024
Deltaica Seafood, which sells canned and prepared fish, ended 2023 with RON40 million revenue, a slight increase over 2022 and has budgeted a 20% increase for this year, its officials say. more
-
IMF Sees Romania’s GDP Growth At 2.8% And Inflation At 6% In 2024
04.16.2024
International Monetary Fund (IMF) has revised its actual economic growth forecast for Romania downwards to 2.8% in 2024 from the 3.8% estimated in the October 2023 forecast, its latest “World more
-
Farmacia Tei And Bebe Tei To Overshoot RON2B Revenue Mark Together In 2024
04.15.2024
Farmacia Tei and Bebe Tei, one of the most dynamic businesses on the local market, will overshoot the RON2 billion revenue mark in 2024, company officials say, who budgeted a 20% increase over 2023. more
-
Romania Average Net Salary Up 14.2% in February 2024 vs February 2023
04.12.2024
The average net salary in Romania increased by 14.2% in February 2024 compared with February 2023 to RON4,876, data from the country’s statistics board INS showed on Friday, April 12, 2024. more
-
Builder SSAB AG Posts 51% Growth In Revenue To RON600M In 2023
04.11.2024
Builder SSAB AG of Bacau, which built the Ikea store in Timisoara and several plants and warehouses, posted 51% growth in revenue to RON599.7 million in 2023, the latest data on the Finance Ministry more
-
Astra Vagoane Calatori Ends 2023 With Over RON600M Revenue
04.11.2024
Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, held by Valer Blidar, ended last year with over RON600 million revenue, more than double the previous year. more
-
Online Florist Floria See Sales Up 5% In Q1, Expects 15% Growth Over Orthodox Palm Sunday And Easter
04.10.2024
Floria.ro, one of the largest online flower stores in Romania, posted sales of more than EUR900,000 in the first quarter of this year, up 5% compared with the same period in 2023. more
-
Statistics Board's Final Data: Romania's Economy Grows 2.1% In 2023 vs 2022
04.09.2024
Romania ended 2023 with gross domestic product (GDP) of RON1,605 billion (EUR321 billion), higher by 2.1% compared to 2022, in line with data reconfirmed on April 9, 2024 by the country's statistics more
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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