Translator RO-EN
Loredana Frățilă-Cristescu
- Fields
- Companies, Capital Market, Retail&Consumer
- Writing for ZF since
- 2011
- Articles
- 9.761
Nuclearelectrica Ends H1 With RON3.7B Operating Revenue
Nuclear power producer Nuclearelectrica, which operates the nuclear power plant in Cernavoda, ended the first half with RON3.7 billion operating revenue and RON1.28 billion net profit, 5.6%...
Accommodation Industry Makes Record RON2B Net Profit In 2022
The accommodation market made a record profit of RON2 billion in 2022, which means a profit margin of 20%, a very high level for an industry where costs are quite high. Few industries manage...
Electrical Cable Maker Iproeb Bistrita Sees Net Profit Up 18% To RON5.7M In H1
Iproeb Bistrita (IPRU.RO), one of the largest local manufacturers of electrical cables and conductors, ended the first six months of 2023 with RON5.74 million net profit, up 18.1% compared w...
OTP Bank Ends H1 With RON183M Consolidated Net Profit
OTP Bank Romania recorded a consolidated net profit of RON183 million in the first half of 2023, driven by an increase in operating profit and positive credit risk costs, as the bank posted...
5 To Go Opens Coffee Shop In HILS Pallady Bucharest
Local café network 5 to go opened a shop in the HILS Pallady residential complex in the east side of Bucharest early in August.
Alro Slatina Revenue Shrinks 25% To RON1.55B In H1
Aluminum producer Alro Slatina (ALR.RO) ended the first half of 2023 with RON1.55 billion consolidated revenue, down 25% on the year-ago period and RON164 million loss, compared with a RON15...
Bucharest Residential Developer Makes EUR70M Investment In Five-Star Hotel Project In Poiana Brasov
Real estate development company Rock Development Holding will invest EUR70 million in the development of the first five-star hotel project in Poiana Brasov. The new luxury project will consi...
Romania’s Trade Deficit Shrinks To RON13.3B In H1, 2023
Romania's trade balance posted a deficit of EUR13.3 billion in January-June 2023, lower by 14% compared with January-June 2022, data from the country's statistics board INS showed on Wednesd...
Travel Agencies See RON5B Revenue In 2022, RON1B More Than in 2019
Travel agencies ended 2022 with RON5 billion revenue, a record high for the local market, Trade Register data show.
Lego Overshoots RON200M Sales Mark In Romania In 2022
Toy retailer Lego posted more than RON200 million sales in Romania in 2022, an increase of 28% year-on-year, public Finance Ministry data show.
DTEK Renewables Installs Largest Wind Turbine In Romania Near Iasi
DTEK Renewables International, a company owned by Rinat Akhmetov, Ukraine's richest businessman, has completed the installation of the largest wind turbine ever in Romania this month, a 125-...
Argus Constanta Borrows RON160M From Banca Transilvania
Vegetable oil producer Argus Constanta (UARG.RO) on Tuesday evening announced on the Bucharest Stock Exchange the conclusion of a RON160 million financing agreement with Banca Transilvania (...