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Arobs Posts 52% Lower Profit In H1 2024
Entrepreneurial company Arobs Transilvania Software (AROBS.RO), the largest issuer in the IT sector listed on the Bucharest Stock Exchange, ended the first half of 2024 with a net profit of...
TTS Revenue Down 32% To RON300M In H1 2024
Transport Trade Services (TTS.RO), a freight carrier on the Danube, posted RON298.7 million revenue in the first half of the year, down 32.1% compared with the same period of 2023, while net...
Printec Sees Revenue And Profit Shrink In 2023
Printec Group Romania, one of the largest providers of payment solutions for the banking industry in Romania, posted RON105.6 million (EUR21.2 million) revenue in 2023, 4% lower than in 2022...
Argus Constanta Losses Halve To RON11.6 Milion In H1 2024
Vegetable oil producer Argus Constanta (UARG.RO), 91.4% held by Infinity Capital, posted RON11.6 million loses in the first half of 2024, down from the RON22 million losses of the year-ago p...
Romania Forex Reserves Narrow To EUR63.57B In July 2024
Romania's foreign exchange reserves decreased by EUR813 million over the course of July 2024, down to EUR63.57 billion at the end of the month, compared with EUR64.39 billion at the end of J...
Olint Com Revenue Shrinks 30.7% To RON130.7M In 2023
Olint Com, based in Radauti, Suceava County, which operates in production, trade and distribution of building and interior design materials and is owned by entrepreneur Georgeta Cusiac, post...
Romania Expected To See Lowest Corn Harvest In Years in 2024
Romania’s corn production will be about 7 milion tons in 2024, lower than the USDA and European Commission’s forecasts of 10.8 million tons and 10.6 million tons, analysts say, according to...
INS: Romanian Construction Works Down 1.1% In January-May 2024
The volume of construction works increased, in unadjusted data, by 1.1% in January-May and by 2.2% when adjusted for the number of working days and seasonality, data from the Romania’s stati...
Phonetastic GSM Revenue And Profit Shrink In 2023
Phonetastic GSM a local distributor of smartphones, gadgets and other IT&C equipment, posted RON200.3 million (EUR40.3 million) revenue last year, 27% lower than in 2022, Finance Ministry da...