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Biscuit Maker Croco Doubles Profit In 2023 To RON81M
Companies

Biscuit Maker Croco Doubles Profit In 2023 To RON81M

Biscuit maker Croco, based in Onesti, Bacau County (eastern Romania), posted record high profit in 2023, RON81 milion, more than double the 2022 level, Finance Ministry data show.

Loredana Frățilă-Cristescu · 01.07.2024 · 23:38 · 1 min
IT Genetics Ends 2023 With 20% Growth In Revenue To RON70M
Technology &Telecoms

IT Genetics Ends 2023 With 20% Growth In Revenue To RON70M

Romanian group IT Genetics, a provider of equipment and software solutions for optimization and digitization of operational processes, with an international presence in Hungary, Bulgaria, Sp...

Loredana Frățilă-Cristescu · 28.06.2024 · 19:04 · 1 min
Romania Five Largest Grain Farmers See Profit Slump 2.5 Times in 2023
Companies

Romania Five Largest Grain Farmers See Profit Slump 2.5 Times in 2023

Romania’s five largest grain farmers by turnover generated RON3.5 billion in 2023, 15% less than in 2022, and their total net profit dropped 2.5 times, in line with ZF calculations based on...

Florentina Nițu · 27.06.2024 · 09:58 · 1 min
Furniture Retailer Staer Sees Profit Up 2.4 Times In 2023
Retail&Consumer

Furniture Retailer Staer Sees Profit Up 2.4 Times In 2023

Staer International, the company that owns furniture stores under the Staer brand, ended 2023 with about RON80.6 million (EUR16.3 million) revenue, 4% lower than the previous year’s RON84 mi...

Loredana Frățilă-Cristescu · 26.06.2024 · 21:52 · 1 min
Romania Central Bank's 2023 Profit Hits 14-Year High, At RON2.4B
Banks-Insurance

Romania Central Bank's 2023 Profit Hits 14-Year High, At RON2.4B

Romania's central bank reported profit of RON2.4 billion for 2023, the highest level of the last 14 years and more than double the profit recorded in 2022.

Ecaterina Craciun · 20.06.2024 · 22:21 · 1 min
Ursus Breweries Sees Revenue Up 17% In 2023, Expects Growth To Continue
Companies

Ursus Breweries Sees Revenue Up 17% In 2023, Expects Growth To Continue

Ursus Breweries, the largest brewer in Romania, ended 2023 with RON2.67 billion revenue, up 17% from the previous year, Finance Ministry data show.

Loredana Frățilă-Cristescu · 12.06.2024 · 22:26 · 1 min
Revenue Of Brokers On Bucharest Stock Exchange Up 13% To RON235M In 2023
Capital Market

Revenue Of Brokers On Bucharest Stock Exchange Up 13% To RON235M In 2023

The ten largest stockbrokers on the Bucharest Stock Exchange, i.e. those financial investment companies unaffiliated to banking groups, ended 2023 with RON235 milion revenue together, an inc...

Loredana Frățilă-Cristescu · 05.06.2024 · 22:09 · 1 min
Mairon Galati Revenue Down 26% To RON1.8B In 2023
Companies

Mairon Galati Revenue Down 26% To RON1.8B In 2023

Steel pipe and profile maker Mairon Galati, held by the Miron family, ended last year with RON1.87 billion revenue, down 26% from the previous year, Finance Ministry data and ZF’s calculatio...

Loredana Frățilă-Cristescu · 05.06.2024 · 07:00 · 1 min
Romgaz Revises Expected 2024 Figures
Energy

Romgaz Revises Expected 2024 Figures

Natural gas producer and supplier Romgaz (SNG.RO) has announced in a stock market report on Friday (May 31) that the general meeting of shareholders rectified the company's budget of revenue...

Ecaterina Craciun · 31.05.2024 · 23:12 · 1 min