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Vimercati East Europe Posts 2% Decline In Revenue, 48.5% Decline In Profit In 2022
Vimercati East Europe, which makes electromechanical and electronic components in a factory in Bacau County, posted RON328.4 million (EUR66.6 million) revenue in 2022, down 2% from the previ...
Medical Laboratory Network Clinica Sante Revenue Shrinks 5% To RON240M In 2022
Clinica Sante, a network of medical laboratories with 300 collection centers in Romania, generated RON240 million revenue in 2022, down 5% from 2021, public data from the Finance Ministry sh...
Beer Sales in Romania Down 9% in Jan-May 2023
Beer sales in Romania in the first five months of 2023 slid by 9% from the year-earlier period, maintaining the 2022 downward trend, at a faster pace, in line with data provided by the Roman...
OMV Petrom’s Hydrocarbon Production Shrinks 5.3% In Q2
OMV Petrom’s (SNP.RO) total hydrocarbon production shrank by 5.3% from 120,100 barrel of oil equivalent per day to 113,700 in the second quarter of 2023 compared with the year ago period, fo...
Domeniile Ostrov Sees 10% Decline In Cherry Production In 2023
Domeniile Ostrov, one of the largest fruit producers in Romania and South-East Europe, now during peak summer fruit harvesting season, estimates a cherry production of 500 tons, down 10% fro...
Romania's RCA Market Steps Back In Q1/2023, With 8% Sales Decline, Down To RON2.14B
Romania's third-party liability insurance RCA seems to be entering a downward trend after seeing significant increases both at the level of the entire segment and at the level of each compan...
Broker Goldring Revenue Shrinks 25% To RON5.6M In 2022
Brokerage firm Goldring, one of the largest brokers on the Bucharest Stock Exchange, posted about RON5.6 million revenue in 22%, 24.6% lower than 2021’s RON7.4 million, Finance Ministry data...
Electrolux Romania Revenue Shrinks 18% To RON883.9M In 2022
Household appliances manufacturer Electrolux Romania, the local subsidiary of Swedish group Electrolux, posted about RON883.9 million (EUR179.2 million) revenue in 2022, down 18% from the RO...
Romania Forex Reserves Shrink To EUR53.08B On Month In May 2023
Romania's foreign exchange reserves stood at EUR53.08 billion in May 2023, lower than the EUR53.34 billion in April, central bank data showed on Friday (June 2).