Companies
Top Five Sporting Goods Retailers See RON550M Sales
Sporting goods retailers Decathlon, Intersport, Hervis, Nike and Adidas have reached more than 100 stores in Romania, and 550 million lei (EUR124 million) revenue in 2012, up 9% year-on-year...
State Companies Pay Their Employees Better Than Private Firms
Highest-paid employees in Romanian state-run companies earn net wages of EUR640 to EUR1,500 per month.
Scrap Metal Processors Report Cumulated Sales Of EUR1B For 2012
Scrap metal processors in Romania reported cumulated sales of EUR1 billion in 2012 and total profit of around EUR6.6 million.
Impact Developer&Contractor Wants To Double Share Capital To RON39.57M
Administrators of Romanian realty developer Impact Developer&Contractor (IMP.RO) have proposed shareholders to double the company’s share capital to 39.57 million lei (EUR8.94 million) from...
Intercontinental Bucuresti Loss Down 5.4% In 1H, To RON1.56M
Romanian hotel operator Compania Hoteliera Intercontinental Bucuresti (RCHI.RO) Tuesday said its loss fell 5.4% on the year to 1.56 million lei (EUR0.3 million) in the first half of 2013.
Cosmote, Orange, RCS&RDS and Vodafone Want To Rethink Termination Rates
Mobile operators Cosmote, Orange, RCS&RDS and Vodafone Romania want to bring to similar levels charges for calls made in different networks and for same-network calls.
Ropharma 1H Sales Flat On Year, At RON206M
Romanian generic drugs wholesaler Ropharma Brasov (RPH.RO) reported flat sales on the year at 206.3 million lei (EUR47 million) in the first half of 2013, while its profit fell 6% to RON3 mi...
ALB: Leasing Market Fell 16% On Year To EUR546M In 1H
The Romanian financial leasing market shrank 16% on the year to EUR546 million in the first half of 2013 due mainly to lower new car sales, according to association of financial companies AL...
Astra Asigurari 1H Underwritings Up 16%, To RON601.7M
Romanian insurer Astra Asigurari reported revenues from underwritten premiums of RON601.7 million in the first half of the year, up 16% compared to the first half of last year, the insurer s...