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The war in Ukraine has caused entrepreneurs in major industries to reduce production and sales forecasts for the next two years, according to international rating agency Standard&Poor’s (S&P) Global more

09.21.2022

The pet food and accessories market in Romania appears to be immune to the looming economic crisis, as specialist retailers continue development, even doing it at a fast clip, and when it comes to more

09.15.2022

Romanians spent 7.7% more on fast moving consumer goods (FMCG) in the first half compared with the year-ago period, but the increase was solely because of inflation, data of the GfK Consumer Panels & more

09.15.2022

Romania’s drug production is based on 158 companies, which generated RON48 billion turnover in 2021, up 6% year-on-year. Yet, the number of companies operating on this market dropped and current more

09.12.2022

Dacia and Ford in the first eight months 2022 churned out almost 330,400 cars, up 15.5% from the year-earlier period, with the growth pace speeding up from the 1H/2022 one. This is the highest more

09.08.2022

Three out of four companies worldwide expect to see sales growth in 2022 and 2023, reveals the "CxO Priorities 2022” study by Horvath, a management consulting company with more than 40 years of more

09.07.2022

Over the last five years, the share of online sales in Central and Eastern Europe (CEE) grew by nine pp to 15%, and in four years’ time is bound to amount to 20% – according to forecasts by real more

09.07.2022

Harmut Jenner, CEO of cleaning equipment manufacturer Kärcher, believes the business has the potential to double sales in coming years, to EUR50 million, amid business-to-business segment more

08.30.2022

Sipex (stock symbol SPX), a construction materials and finishes distribution company, ended the first six months of 2022 with a net profit of RON8.4 million, up 49.6% compared with the first half of more

08.30.2022

Real estate developer Impact Developer&Contractor in the first six months of 2022 posted revenues from property sales worth RON90 million, up 31%, and net profit of RON14 million, compared with RON2.7 more

08.23.2022

Sales of green cars, i.e., hybrids, BEVs/electrics and PHEVs/plug-in hybrids, in Europe's top ten car markets - Germany, France, Italy, Spain, the UK, Sweden, Norway, the Netherlands, Switzerland and more

08.18.2022

Romanian pharmaceutical manufacturer Antibiotice (ATB.RO) Iasi’s total revenue from sales reached RON248.1 million in the first half of 2022, up 54% on the RON161.4 million in the year-ago period, more

08.04.2022

Private labels developed by retailers, ever more present on shelves in recent years, are likely to “steal” sales of EUR1-2 billion from major brands in 2022, as Romanians are ever more more

08.02.2022

Nestlé Romania plans to keep in 2022 the growth pace of the first half of the year and thus end the year with an increase of over 10% in sales compared to 2021, according to Silvia Sticlea, Nestlé more

07.28.2022

Nestlé Romania, one of the largest companies on the local market of sweets, beverages and pet food, saw a 12.6% increase in sales in the first half of 2022. more

07.22.2022

Freshful, one of the newest online hypermarkets on Romania’s market, a project developed by eMAG, leader of the local virtual retail sector, has reached the threshold of 15,000 clients per month, more

07.21.2022

Nordis Group, a real estate developer of premium hotel and residential complexes, posted sales of RON123.7 million in the first half, as a result of the sale of 255 apartments in its four projects more

07.13.2022

Insurer Euroins Romania sold 1.2 million policies for all its insurance products in the first quarter of 2022, compared with 900,000 in the year-ago period and the number of customers increased by more

07.12.2022

Romanian carmaker Automobile Dacia, owned by French group Renault, saw a 5.9% increase in its worldwide sales up to 277,885 vehicles in the first half of 2022 as compared to the same period of 2021, more

07.04.2022

2Performant, the main player on Romania’s affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange (2P.RO), in the second quarter of 2022 posted 12,281 single users in more

06.30.2022

Romania recorded EUR6.2 billion in e-commerce sales last year, which is about half the level achieved by retailers in Eastern Europe, estimated at EUR14 billion, according to the European E-Commerce more

06.21.2022

Polish-held retailer of products for children Smyk All for Kids Romania posted RON90.5 million sales in 2021, 70% higher than in 2020 and expects the trend to continue in 2022, says general manager more

06.07.2022

Most retailers in Romania (almost 60%) reported rising sales since the onset of the COVID-19 pandemic until March 2022, with the online segment surging by 57%, as per a survey by VTEX, an e-commerce more

06.06.2022

Travel agency Accent Travel plans to exceed the EUR100 million sales volume threshold in 2022, as per data from company representatives. more

06.06.2022

Retail sales volume (excluding the trade with motor vehicles and motorcycles), in unadjusted data, grew by 3.7% in April 2022 versus April 2021 due to increases recorded by the retail of automotive more