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Five-Star Hilton Sibiu Posts RON10M Profit and RON19M Revenue in 2018
Hilton Sibiu hotel posted almost 19 milion lei (EUR4 million) revenue and more than 50% profit margin last year, ZF has calculated from publicly available data.
Pillar II Pension Fund Managers End 2018 With Combined Net Profit Of RON168M
The seven mandatory private pension funds in Romania, known as Pillar II, ended 2018 with a combined net profit of RON168 million, 3% higher from the previous year, Finance Ministry data sho...
Construction Materials Wholesaler Arabesque Sees Drop in Sales, Rise in Profit In 2018
Romanian construction materials wholesaler Arabesque based in Galati and held by Cezar Rapotan posted slight decline in sales in 2018 to less than 1.7 billion lei (EUR360 million), after hav...
Top Asset Managers in Romania Made RON33M Profit in 2018
Erste, Raiffeisen, Banca Transilvania, BRD and NN Investment Partners, the largest investment managers in Romania, which account for 95.3% of the mutual funds market in Romania, ended 2018 w...
JW Marriott Hotel Bucharest Operator Returns to Profit in 2018
Societatea Companiilor Hoteliere Grand, which manages five-star hotel JW Marriott in Bucharest, one of the largest actors on the hotel market, as well as the Grand Avenue shopping gallery, e...
Allianz-Tiriac Sees Only 2% Growth in Q1, 2019, Below 7% Market Rate
Allianz-Tiriac, the second largest insurer in Romania, announced a 2% increase in the gross written premiums in the first quarter of 2019, below the 7% growth rate of the market in the same...
Therme Complex Revenue Up to RON114M, Profit Triples to RON9M in 2018
Therme Nord Bucuresti, the company that runs the wellness and relaxation complex Therme near Bucharest, posted 114 million lei (EUR24.6 million) revenue last year, 14% higher than in 2017, F...
Dedeman Net Profit Tops RON1B in 2018
DIY retailer Dedeman had a profit of RON1.013 billion in 2018, up 14% on the year, and its turnover stood at RON7.22 billion, up 14% compared with 2017.
Porr Construct Sees Over RON500M Revenue in 2018
The local subsidiary of Austrian construction company Porr Construct overshot the 500 million lei revenue mark in 2018, following a 35% increase year-on-year.