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Biofarm 2017 Turnover Up 12% At RON170M; Net Profit Up 24% At RON36M
Companies

Biofarm 2017 Turnover Up 12% At RON170M; Net Profit Up 24% At RON36M

Romanian pharmaceutical producer Biofarm (BIO.RO) registered 12% higher sales revenue, of RON170 million, and 24% higher net profit, of RON36 million, in 2017. Its debts rose from RON42 mill...

Ecaterina Craciun · 31.01.2018 · 20:14 · 1 min
Number Of People Working In Modern Office Buildings In Bucharest Reaches 250,000
Real Estate

Number Of People Working In Modern Office Buildings In Bucharest Reaches 250,000

The number of corporate employees in Bucharest has gone up by 70,000 to 250,000 in the past five years, so now there are more corporate employees in Bucharest than the entire population of t...

Loredana Frățilă-Cristescu · 29.01.2018 · 00:00 · 1 min
Autoliv Romania Number Of Employees Reaches 11,300
Automotive

Autoliv Romania Number Of Employees Reaches 11,300

Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of Sweden’s Autoliv group, has grown to 11,300 employees in its local plants and centers and plans to hire anothe...

Loredana Frățilă-Cristescu · 24.01.2018 · 00:00 · 1 min
Cocktail Holidays 2017 Turnover Up 10% At EUR18M
Companies

Cocktail Holidays 2017 Turnover Up 10% At EUR18M

Travel agency Cocktail Holidays ended 2017 with a turnover of EUR18 million, up 10% on the year.

Ecaterina Craciun · 23.01.2018 · 14:26 · 1 min
Ford Steps Up Production In  Craiova
Automotive

Ford Steps Up Production In Craiova

Ford Romania, the owner of the Craiova automobile plant, could assemble more than 10,000 EcoSport vehicles this month as the plant steps up production

Loredana Frățilă-Cristescu · 15.01.2018 · 11:20 · 1 min
Three-Month Robor Ends 2017 At 2.05%, Double Vs 0.9% End-2016
Banks-Insurance

Three-Month Robor Ends 2017 At 2.05%, Double Vs 0.9% End-2016

The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, ends 2017 at 2.05%, compared with 2.08% a day before, but double the level of 0.9% at the end...

Ecaterina Craciun · 29.12.2017 · 13:27 · 1 min
UniCredit Bank Seeks To Raise Share Capital By RON76M
Banks-Insurance

UniCredit Bank Seeks To Raise Share Capital By RON76M

UniCredit Bank, the fifth largest bank in Romania by assets, plans to increase its share capital by RON76 million at the most, by cash inflow, up to RON455 million, and the measure is to be...

Ecaterina Craciun · 27.12.2017 · 12:10 · 1 min
GfK: Romania FMCG Industry Up Nearly 6% By Value In January-September 2017
Companies

GfK: Romania FMCG Industry Up Nearly 6% By Value In January-September 2017

Romania’s fast moving consumer goods (FMCG) industry rose nearly 6% by value in the first nine months of 2017, in the context of an increase in shopping by value, but the store visit frequen...

Ecaterina Craciun · 14.12.2017 · 14:28 · 1 min
Eurolines Group Posts 20% Higher Turnover, Of EUR150M, In 2017
Companies

Eurolines Group Posts 20% Higher Turnover, Of EUR150M, In 2017

The turnover of Romanian tourism group Eurolines, which includes 22 firms, rose 20% in 2017, to EUR150 million.

Ecaterina Craciun · 07.12.2017 · 12:59 · 1 min