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Railroad Car Maker Astra Rail Industries Sees Revenue Up 37% To RON824M In 2022
Rolling stock manufacturer Astra Rail Industries, which controls the railroad car manufacturers Astra Vagoane Arad, Romvag (Caracal) and Meva (Turnu Severin), with a history of over 100 year...
BT Capital Partners Posts RON5.7M Net Profit And RON35M Revenue In 2022
BT Capital Partners, the brokerage division of the Banca Transilvania (TLV.RO) financial group, recorded a net profit of RON5.7 million last year, 42.6% below the RON10 million of 2021, acco...
Furniture Maker Sortilemn Gherla Close To EUR40M Revenue In 2022
Sortilemn (Gherla, Cluj County, NW Romania), one of the most important suppliers of Sweden’s IKEA, posted RON195.3 million (EUR39.6 million) revenue in 2022, an increase of 6.5% on 2021, ZF...
Microsoft Romania Posts Lowest Profit In Romania In 20 Years In 2022
Microsoft Romania posted its lowest profit in 20 years in 2022 – RON1.57 million, a decline of 96% on the previous year.
Intesa Sanpaolo Romania Posts EUR2M Net Profit In Q1
Intesa Sanpaolo Romania, the local subsidiary of Italy’s banking group by the same name, posted EUR2 million net profit in the first quarter of 2023, a report of its parent group shows.
Paval Holding Posts RON1.7B Revenue And RON1.5B Net Profit In 2022
Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, posted RON1.7 billion revenue and RON1.52 billion net profit in 2022. In comparison, the company, which its ow...
Huawei Revenue Up 31% To RON1.9B In Romania In 2022
China’s Huawei saw growth in Romania in 2022 despite the restrictions it is facing on the 5G technology segment and the decline of the smartphone business due to being denied access to hardw...
Therme Nord Bucuresti Posts 140% Growth In Revenue To RON175.3M In 2022
Therme Nord Bucuresti, the operator of the relaxation complex Therme on the outskirts of Bucharest, posted RON175.3 million revenue in 2022, an increase of 140% on 2021, Finance Ministry dat...
Tire Maker Pirelli Overshoots RON4B Revenue Mark In Romania In 2022
Tire maker Pirelli Tyres Romania, the local subsidiary of Italy’s Pirelli, currently owned by state-run China National Chemical, posted RON4.388 billion (EUR889.8 million) revenue in 2022, a...