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Automotive Component Manufacturer VCST Alba Revenue Down 18% in 2020
Automotive

Automotive Component Manufacturer VCST Alba Revenue Down 18% in 2020

Automotive component manufacturer VCST Automotive Production Alba, the local subsidiary of Belgium’s BMT group, posted RON122.4 million (EUR25.4 million) revenue in 2020, a decline of 18% fr...

Loredana Frățilă-Cristescu · 12.08.2021 · 10:30 · 1 min
Mars Romania Revenue and Profit Down in 2020
Companies

Mars Romania Revenue and Profit Down in 2020

Sweets producer Mars Romania, part of the Mars group, one of the largest foods businesses in the world, ended 2020 with RON568 million revenue, 3.4% lower year-on-year, data from financial a...

Loredana Frățilă-Cristescu · 11.08.2021 · 10:31 · 1 min
Construction Material Maker Macofil Targu Jiu Ends H1 with RON4.9M Profit
Capital Market

Construction Material Maker Macofil Targu Jiu Ends H1 with RON4.9M Profit

Construction material manufacturer Macofil Targu Jiu (MACO.RO), a company with a market capitalization of RON45 million, ended the first half with RON4.9 million net profit and RON26.6 milli...

Loredana Frățilă-Cristescu · 10.08.2021 · 11:56 · 1 min
COFCO Sees Five-Fold Profit Rise in 2020
Companies

COFCO Sees Five-Fold Profit Rise in 2020

Grain trader COFCO International Romania (formerly Nidera), part of China’s largest agri-food group COFCO, posted its highest profit ever, almost RON60 million, in 2020, five times higher th...

Loredana Frățilă-Cristescu · 10.08.2021 · 11:18 · 1 min
Tea Maker Fares Almost Doubles Profit in 2020
Companies

Tea Maker Fares Almost Doubles Profit in 2020

Romanian-held Laboratoarele Fares Bio Vital, posted almost RON102.7 million (EUR21.3 million) revenue in 2020, an increase of 25% year-on-year from the RON81.9 million (EUR17.3 million) of 2...

Loredana Frățilă-Cristescu · 06.08.2021 · 09:00 · 1 min
Banca Transilvania Plans to Pay RON500M Cash Dividends from 2019 and 2020 Profits
Capital Market

Banca Transilvania Plans to Pay RON500M Cash Dividends from 2019 and 2020 Profits

Banca Transilvania (TLV.RO) on Friday evening notified the Bucharest Stock Exchange of its plans to distribute cash dividends from 2020 profit and net profit reserves of 2019.

Loredana Frățilă-Cristescu · 30.07.2021 · 20:39 · 1 min
Romania’s Top 20 Builders Post RON657M Profit in 2020
Companies

Romania’s Top 20 Builders Post RON657M Profit in 2020

Romania’s 20 largest builders posted RON657 million profit together last year, almost double the 2019 level, ZF has found from the data centralized for the 2021 edition of the “Cei mai mari...

Loredana Frățilă-Cristescu · 30.07.2021 · 09:00 · 1 min
Dalli Detergent Plant in Timisoara Sees EUR90M Revenue in 2020
Companies

Dalli Detergent Plant in Timisoara Sees EUR90M Revenue in 2020

Dalli Production Romania, the local subsidiary of Germany’s Dalli group, which owns a detergent plant in Timisoara, posted more than RON434.3 million (more than EUR90 million) revenue in 202...

Loredana Frățilă-Cristescu · 29.07.2021 · 09:00 · 1 min
Linde Gaz Romania Posts 8.5% Rise in Net Profit to RON163.8M in 2020
Companies

Linde Gaz Romania Posts 8.5% Rise in Net Profit to RON163.8M in 2020

Linde Gaz Romania, the local subsidiary of the Linde Plc. group, the largest supplier of industrial gasses in the world, posted RON660.9 million (EUR137.1 million) revenue, 3% lower than the...

Loredana Frățilă-Cristescu · 27.07.2021 · 09:00 · 1 min