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ArcelorMittal Galati Sees Revenue Up to EUR1.1B in 2018
Companies

ArcelorMittal Galati Sees Revenue Up to EUR1.1B in 2018

ArcelorMittal Galati, the largest steel mill in Romania, ended last year with 9% increase in revenue to almost EUR1.1 billion and switched from loss to EUR40.5 million profit, Finance Minist...

Loredana Frățilă-Cristescu · 27.05.2019 · 09:00 · 1 min
Automobile Dacia Profit Up 40% to Record High of EUR162M in 2018
Automotive

Automobile Dacia Profit Up 40% to Record High of EUR162M in 2018

Automobile Dacia, the largest company in Romania, posted EUR5.3 billion revenue in 2018, 5% higher than in 2017 and its highest ever. Profit was up 40% to EUR162 million last year, again its...

Loredana Frățilă-Cristescu · 27.05.2019 · 08:00 · 1 min
Top Five Banks in Romania See Almost RON1.4B Profit in Q1
Banks-Insurance

Top Five Banks in Romania See Almost RON1.4B Profit in Q1

The largest five actors on the Romanian banking market, Banca Transilvania, BCR, BRD-SocGen, UniCredit and Raiffeisen Bank remained profitable in the first quarter of 2019, and their cumulat...

Loredana Frățilă-Cristescu · 17.05.2019 · 10:08 · 1 min
Zara Owner Inditex Makes Five Times Higher Pretax Profit in Romania Than in Germany
Retail&Consumer

Zara Owner Inditex Makes Five Times Higher Pretax Profit in Romania Than in Germany

Spanish-held Inditex group, the owner of Zara, posted five times higher pre-tax profit in Romania than in Germany in 2018, despite the net average monthly wage ratio being the exact opposite...

Loredana Frățilă-Cristescu · 15.05.2019 · 09:04 · 1 min
Sensiblu Pharmacies and Wholesaler Mediplus See RON5.6B Revenue in 2018
Health

Sensiblu Pharmacies and Wholesaler Mediplus See RON5.6B Revenue in 2018

Sensiblu retail pharmacy chain and pharmaceutical wholesaler Mediplus, part of the A&D Pharma group, posted 5.6 billion lei (EUR1.2 billion) revenue in 2018, up 2% over 2017, ZF has found fr...

Loredana Frățilă-Cristescu · 14.05.2019 · 09:00 · 1 min
Builder Strabag Sees Profit up 50% in 2018
Companies

Builder Strabag Sees Profit up 50% in 2018

Austrian-held construction group Strabag increased its revenue in Romania by 10% to 688 million lei (EUR145 million) in 2018, according to the Finance Ministry website. Profit went up, too,...

Loredana Frățilă-Cristescu · 14.05.2019 · 00:00 · 1 min
NN Asigurari Net Profit Grows 60% in 2018, to RON55.2M
Companies

NN Asigurari Net Profit Grows 60% in 2018, to RON55.2M

NN Asigurari, the biggest life insurer on the Romanian market, reported a net profit of RON55.2 million in 2018, up 60% on the year, it said on its website.

Oana Gavrila · 13.05.2019 · 13:11 · 1 min
Frigotehnica 2018 Profit At Decade High Of RON7.5M
Companies

Frigotehnica 2018 Profit At Decade High Of RON7.5M

Refrigeration solutions manufacturer Frigotehnica, acquired by investment fund ROCA, reported a profit of RON7.5 million in 2018, over fourfold higher than the level reported in 2017, the bi...

Ecaterina Craciun · 10.05.2019 · 15:14 · 1 min
MaxBet Sees RON145M Profit In 2018
Companies

MaxBet Sees RON145M Profit In 2018

Gaming company MaxBet ended 2018 with 571 million lei (EUR120 million) revenue, 20% higher than in 2017, Finance Ministry data show. The company also posted 44% higher net profit, RON145 mil...

Loredana Frățilă-Cristescu · 25.04.2019 · 09:30 · 1 min