Companies
COS Targoviste 1H Loss Down To RON19.3M
Romanian steel maker COS Targoviste, former Mechel Targoviste, narrowed its loss to 19.3 million lei (EUR4.35 million) in the first half of 2013, from RON59.5 million in the similar interval...
Artego 1H Net Profit Rises 65% On Year To RON5M
Romanian rubber bands maker Artego Targu Jiu (ARTE.RO) Wednesday said its turnover fell 8.2% on the year to 84.28 million lei (EUR19.2 million) in the first half of 2013, but its net profit...
AFI Palace Retailers Registered Sales Of EUR95.5M In 1H
Retailers hosted by AFI Palace Cotroceni Bucharest registered sales of EUR95.5 million in the first half of the year, up 4.1%, while revenues from rents increased 7.6%, to EUR14.1 million.
Carrefour Opens Two More Franchised Proximity Stores
Carrefour Romania has added two more franchised units to its Express proximity store network in Bucharest, in collaboration with Traditional Ecologic, the retailer said Wednesday.
Prodplast 1H Turnover Down 63.3%, Company Stays Profitable
Romanian plastic items maker Prodplast Bucuresti (PPL.RO), owned by businessman Florin Pogonaru, posted a turnover of RON8,45 million in the first half of the year, down 63.3%, and a profit...
Lemet Invests RON1.5M In Furniture Store In Curtea De Arges, S Romania
Furniture producer Lemet will open a store in Curtea de Arges, southern Romania, following an investment of around RON1.5 million.
Electroarges 1H Turnover Up 16.4%, Profit Down 12.2%
Romanian home appliance manufacturer Electroarges (ELGS.RO) posted a turnover of RON84.71 million (EUR19.28 million) in the first half of the year, up 16.4% on the year, and a net profit of...
Six Years On The Romanian Market, Ikea Has Yet To Find Spot For Second Store
Ikea’s store in Baneasa, northern Bucharest, will remain the only store of the company in Romania at least until the end of 2014, even though Ikea had announced plans for a second store upon...
Emag Expands Into Hungary
Romania’s largest online computer and electronics retailer eMag, controlled by South Africa’s Naspers, is looking for people to supervise its business in Hungary. The company started operati...