Companies
New Energy Company Prepares To Join Billionaires Club
State-run energy company Complexul Energetic Oltenia, which was created last summer by the merger of major thermal power stations in Oltenia (S Romania) with the coal mines managed by Societ...
Kenvelo Takes Advantage Of Competitors’ Exit, Opens 30 Stores
Kenvelo, Lee Cooper, Tom Tailor and TimeOut will see growth this year as a result of the exit of several brands in the fashion business, says Philippe Besadoux, the French executive who runs...
UCM Resita’s Turnover Up 24% In 2012, To RON152M
Romanian insolvent engine manufacturer UCM Resita (UCM.RO) Friday reported turnover of 152.2 million lei (EUR34.1 million) for 2012, up 24% from RON123 million in 2011.
Transilvania Constructii Revenues Down 40% In 2012, To RON33M
Romanian construction company Transilvania Constructii Cluj-Napoca (COTR.RO) Friday said its revenues fell 40% on the year to 33.1 million lei (EUR7.5 million) in 2012, from RON55.5 million...
Electroarges Sales Up 10% In 2012 To RON138M
Romanian home appliance manufacturer Electroarges (ELGS.RO) Friday reported turnover of 138.11 million lei (EUR30.9 million) for 2012, up 10% on the year.
THR Marea Neagra’s Turnover Up 15% In 2012, To RON30.3M
Romanian company THR Marea Neagra (EFO.RO) Friday said its turnover increased 15% on the year to 30.3 million lei (EUR6.8 million) in 2012, from RON26.4 million in 2011.
Prodplast Switches To Loss In 2012, Sales Down 57%
Romanian plastic items maker Prodplast Bucuresti (PPL.RO) Friday reported turnover of 23 million lei (EUR5.2 million) last year, down 57% from RON53.8 million in 2011, and switched to losses...
Turbomecanica’s Revenue Up 22.5% In 2012, To RON60.4M
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Friday said its revenues rose 22.5% last year to 60.4 million lei (EUR13.7 million), from RON49.3 million in 2011.
Remedia Deva Bets On Cosmetics And Partnerships For Profit
The management of pharmaceuticals wholesaler Farmaceutica Remedia Deva (RMAH.RO) controlled by businessman Valentin Norbert Tarus, expects pressure on profitability margins to continue in th...