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Sales Of Tractors And Combines Down 23% And 17% In Jan-Oct 2023
Companies

Sales Of Tractors And Combines Down 23% And 17% In Jan-Oct 2023

Romania’s tractor and combine market, which shows the prosperity of the agricultural sector, saw a 23% decline in the sales of tractors and 17% decline in the sales of combines in the first...

Loredana Frățilă-Cristescu · 22.11.2023 · 07:00 · 1 min
Cemacon Sees 27% Decline In Revenue To RON130M In Jan-Sep
Capital Market

Cemacon Sees 27% Decline In Revenue To RON130M In Jan-Sep

Construction material manufacturer Cemacon (CEON.RO) posted RON130.07 million net revenue in the first nine months, 27% lower than on September 30, 2022.

Loredana Frățilă-Cristescu · 16.11.2023 · 11:56 · 1 min
Romcab Targu Mures Losses Narrow 61% In Jan-Sep
Capital Market

Romcab Targu Mures Losses Narrow 61% In Jan-Sep

Targu Mures-based fiber optic cable manufacturer Romcab (MCAB.RO) posted RON32.6 million loss in January-September 2023, down from RON85 million in the same period in 2022, it said in its re...

Loredana Frățilă-Cristescu · 15.11.2023 · 23:12 · 1 min
Telekom Romania Mobile Sees Revenue And Profit Down In Q3
Technology &Telecoms

Telekom Romania Mobile Sees Revenue And Profit Down In Q3

Telekom Romania Mobile’s total revenue shrank 7.4% to EUR71.1 million in the third quarter of 2023 compared with the year-ago period, while adjusted EBITDA was 63.5% lower, EUR4.6 million co...

Loredana Frățilă-Cristescu · 09.11.2023 · 18:21 · 1 min
Farm Input Producer Norofert Sees Revenue Shrink 42% In Jan-Sep 2023
Capital Market

Farm Input Producer Norofert Sees Revenue Shrink 42% In Jan-Sep 2023

Organic farm input producer Norofert (NRF.RO) posted RON1.1 million consolidated net profit in the first nine months of 2023, down 85% on the same time in 2022, while revenue stood at RON30....

Loredana Frățilă-Cristescu · 06.11.2023 · 22:25 · 1 min
Romania Forex Reserves Down To EUR58.1B In October 2023
Banks-Insurance

Romania Forex Reserves Down To EUR58.1B In October 2023

Romania's foreign exchange reserves stood at EUR58.18 billion in October 2023, lower by EUR1.05 billion than in September 2023, central bank data showed on Wednesday (November 1).

Loredana Frățilă-Cristescu · 01.11.2023 · 14:42 · 1 min
Ruck Ventilatoare Revenue Shrinks 17% To RON113.5M In 2022
Companies

Ruck Ventilatoare Revenue Shrinks 17% To RON113.5M In 2022

Industrial ventilation equipment manufacturer Ruck Ventilatoare in Tarnaveni, Mures County, posted RON113.5 million (EUR23 million) revenue in 2022, down by about 17% compared with the previ...

Loredana Frățilă-Cristescu · 25.09.2023 · 23:00 · 1 min
Cargo Partner Expects EUR70M Revenue In 2023, Lower Than Last Year
Companies

Cargo Partner Expects EUR70M Revenue In 2023, Lower Than Last Year

Cargo Partner, the Romanian subsidiary of Austrian group by the same name, which provides road, rail, sea and air shipping services, is aiming for EUR70 million in 2023, lower than last year...

Loredana Frățilă-Cristescu · 18.09.2023 · 23:19 · 1 min
Prodalcom Revenue Shrinks 3% To RON27.1M In 2022
Companies

Prodalcom Revenue Shrinks 3% To RON27.1M In 2022

Prodalcom Botosani, the producer of the Voronskaya vodka brand, owned by three Romanian entrepreneurs, posted RON27.1 million (EUR5.5 million) revenue in 2022, about 3% lower than the previo...

Loredana Frățilă-Cristescu · 13.09.2023 · 23:18 · 1 min