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Nidec Oradea Triples Profit in 2020
Companies

Nidec Oradea Triples Profit in 2020

Electric motor plant Nidec in Oradea, held by Japan’s Nidec group, posted RON134.6 million (EUR27.9 million) revenue in 2020, 17% lower than the RON163.6 million (EUR34.5 million) in 2019, F...

Loredana Frățilă-Cristescu · 13.10.2021 · 08:00 · 1 min
Evergent Investments Makes RON8.6M Profit From Selling Half Of Its Stake In Nuclearelectrica
Energy

Evergent Investments Makes RON8.6M Profit From Selling Half Of Its Stake In Nuclearelectrica

Following the sale of half of its ownership stake in state-run nuclear power producer Nuclearelectrica (SNN.RO), in June 2021, EVERGENT Investments cashed dividends on the entire position an...

Ecaterina Craciun · 22.09.2021 · 15:45 · 4 min
Agroland Business Systems Ends H1 with RON128M Revenue
Capital Market

Agroland Business Systems Ends H1 with RON128M Revenue

Agroland Business Systems (AAB.RO), which operates a chain of farm and garden supplies stores, ended the first half with RON128 million revenue, an increase of 5% on the year-ago period, as...

Loredana Frățilă-Cristescu · 20.09.2021 · 13:43 · 1 min
Automotive Parts Manufacturer Oechsler Romania Revenue Down 21% in 2020
Automotive

Automotive Parts Manufacturer Oechsler Romania Revenue Down 21% in 2020

Automotive plastic parts and subassembly manufacturer Oechsler Romania, the local subsidiary of Germany’s Oechsler group, posted about RON154.8 million (EUR32.1 million) revenue in 2020, a d...

Loredana Frățilă-Cristescu · 16.09.2021 · 08:00 · 1 min
Simtel Team Posts 30% Rise in Revenue to RON18.5M in H1
Capital Market

Simtel Team Posts 30% Rise in Revenue to RON18.5M in H1

Romanian engineering and technology company Simtel Team (SMTL.RO), listed on the AeRO market of the Bucharest Stock Exchange, posted record high revenue of RON18.5 million in the first half...

Loredana Frățilă-Cristescu · 15.09.2021 · 20:05 · 1 min
Heraeus Romania Ends 2020 with 31% Higher Profit
Companies

Heraeus Romania Ends 2020 with 31% Higher Profit

Heraeus Romania, a maker of adhesives for the electronics industry and the local subsidiary of Germany’s Heraeus group, ended last year with RON227.6 million (EUR47.2 million) revenue, an in...

Loredana Frățilă-Cristescu · 15.09.2021 · 08:00 · 1 min
Apparel Manufacturer Secuiana Returns to Profit in 2020
Companies

Apparel Manufacturer Secuiana Returns to Profit in 2020

Apparel manufacturer Secuiana in Targu Secuiesc, Covasna, posted RON23.7 million (EUR4.9 million) revenue in 2020, a decline of 30% from the RON34 million (EUR7.2 million) of 2019, Finance M...

Loredana Frățilă-Cristescu · 15.09.2021 · 08:00 · 1 min
Marisan Cold Cuts Producer Saw Profit Double in 2020 to Over RON1.7M
Companies

Marisan Cold Cuts Producer Saw Profit Double in 2020 to Over RON1.7M

Maribo Prodcarn, producer of cold cuts Marisan, owned by Anghel family, doubled its profit in 2020, to over RON1.7 million (EUR365,000) from a net gain of over RON798,000 (EUR168,000) in 201...

Laurentiu Cotu · 10.09.2021 · 09:49 · 1 min
Cybersecurity Company SafeTech Innovations Posts RON1.3M Profit and RON13.2M Revenue in H1
Capital Market

Cybersecurity Company SafeTech Innovations Posts RON1.3M Profit and RON13.2M Revenue in H1

SafeTech Innovations (SAFE.RO), a Romanian cybersecurity service provider, posted RON13.2 million operating revenue in the first half, an increase of 120% on the year-ago period, while the n...

Loredana Frățilă-Cristescu · 06.09.2021 · 19:32 · 1 min