Your Space: Revolutionizing Women's Fitness in Armenia with a New Brand Identity

Located primarily in Yerevan, Armenia, Your Space is a pioneering chain of fitness centers designed

more

Serie A Expands Eastern European Reach with New AMC Broadcasting Deal and Launches RFP in Poland

Lega Serie A, Italy's premier football league, has secured a strategic five-year broadcasting agre

more

18 Gym Fitness & Beauty Expands to Agora Arad with New Facility, Marking 37th National Location

18 Gym Fitness & Beauty, one of Romania's top three largest gym networks and a dynamic player

more

Estonian Innovator Vok Bikes Raises €3.8M to Expand Eco-Friendly Cargo Bike Fleet Across Europe

Vok Bikes, an innovative Estonian company, recently secured €3.8 million to advance its electric c

more

Geis and Sport Vision Forge Strategic Transport Partnership to Boost Retail Distribution in Slovakia and Czech Republic

Geis Secures Role as Transport Partner for Sport Vision in Slovakia and Czech Republic, Enhancing Di

more

"Business Partner search for the Sports industry in Central Europe"


You are here » Home Page » CE Sports Business News » Amazon increases its business investments in Romania by 45%


Amazon increases its business investments in Romania by 45%

2018-04-30 source own
The Amazon Development Centre in Romania, the local subsidiary of US online retailer Amazon reported a turnover of RON 155.6 million (EUR 34 million) last year. This report indicated an appreciation of 45% when compared to the record for 2016, according to the data obtained from the Trade Registry Office, cited by the local Ziarul Financiar.
The company’s net profits have also risen by almost 90% to RON 9.2 million (EUR 2 million), while the employees in this industry have risen to about 850.

Amazon owns a research and development centre in Lasi, the eastern part of Romania, and recently the company leased office space to accommodate over 1,300 people in Bucharest, at the Globalworth Campus.

"Don't miss out on the latest insights and trends in Central Europe's thriving sports industry. Register now to receive Cesport's exclusive Business Report, offering valuable information on doing business in the region and an overview of the dynamic Sporting Goods market. Click here to access the report and unlock the potential of Central Europe's sports business landscape.