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Chimcomplex Expects RON80.5M Net Profit And RON1.7 Operating Revenue In 2024
Capital Market

Chimcomplex Expects RON80.5M Net Profit And RON1.7 Operating Revenue In 2024

Chemicals producer and supplier Chimcomplex Borzesti (CRC.RO) has budgeted RON80.5 million net profit for 2024, up 7.3% compared with last year, when it shrank from RON266 million to RON75 m...

Loredana Frățilă-Cristescu · 30.04.2024 · 22:52 · 1 min
Baneasa Shopping City Generates 60% Profit Margin In 2023
Retail&Consumer

Baneasa Shopping City Generates 60% Profit Margin In 2023

Baneasa Developments, the company that manages the Baneasa Shopping City mall in the northern part of Bucharest, has reached a record profit margin of more than 60% after ending 2023 with a...

Loredana Frățilă-Cristescu · 30.04.2024 · 07:00 · 1 min
Teilor Holding Ends 2023 With 11% Growth In Revenue To RON413M
Companies

Teilor Holding Ends 2023 With 11% Growth In Revenue To RON413M

Teilor Holding SA, a group of companies that includes the Teilor luxury jewelry chain, the non-bank financial company Invest Intermed GF IFN, Invest Intermed Gold, a company that sells gold...

Loredana Frățilă-Cristescu · 29.04.2024 · 23:31 · 1 min
Meta Estate Trust Shareholders Approve Distribution Of 2023 Profit
Capital Market

Meta Estate Trust Shareholders Approve Distribution Of 2023 Profit

Meta Estate Trust, (MET.RO), a holding company in the real estate sector, has secured shareholder approval for distributing the 2023 profits as bonus shares to investors through a capital in...

Loredana Frățilă-Cristescu · 29.04.2024 · 22:53 · 1 min
Builder CON-A Operations Doubles Profit To RON55.6M In 2023
Companies

Builder CON-A Operations Doubles Profit To RON55.6M In 2023

Construction company CON-A Operations in Sibiu, the main entity of the CON-A Group of entrepreneur Mircea Bulboaca, ended 2023 with about RON772.6 million (EUR156.2 million) revenue, an incr...

Loredana Frățilă-Cristescu · 18.04.2024 · 21:58 · 1 min
Three Most Profitable Banks In Romania Account For About 50% Of Entire Banking System Profit In 2023
Banks-Insurance

Three Most Profitable Banks In Romania Account For About 50% Of Entire Banking System Profit In 2023

The largest banks in Romania posted higher profits in 2023 compared with 2022, as lending and income increased. Profits were largely driven by the high interest rates and low risk costs and...

Loredana Frățilă-Cristescu · 17.04.2024 · 23:56 · 1 min
GLS Romania Posts 5.5% Growth In Revenue To RON365M In 2023
Companies

GLS Romania Posts 5.5% Growth In Revenue To RON365M In 2023

GLS General Logistics Systems Romania, part of the group of the same name, held by UK’s Royal Mail, posted RON365.4 million (EUR73.9 million) revenue in 2023, up 5.5% compared with the previ...

Loredana Frățilă-Cristescu · 17.04.2024 · 23:23 · 1 min
Maspex Sees Net Profit Up 34% To RON153M In 2023
Companies

Maspex Sees Net Profit Up 34% To RON153M In 2023

Maspex Romania, producer of such brands as Tymbark, Salatini, Bucovina and Arnos, ended 2023 with RON1.15 billion (EUR234 million) revenue, up more than 12% from the previous year, Finance M...

Loredana Frățilă-Cristescu · 17.04.2024 · 22:49 · 1 min
Air Claim Almost Doubles Profit To RON3M In 2023
Capital Market

Air Claim Almost Doubles Profit To RON3M In 2023

Air Claim (CLAIM.RO), a company that helps people get compensations for delayed or canceled flights, posted RON3.15 million net profit in 2023, an increase of 93.2% from the RON1.63 million...

Loredana Frățilă-Cristescu · 17.04.2024 · 17:32 · 1 min