PROFITABILITY
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PwC: Just 53% Of CEE Executives Expect Profitability Growth And Just 21% Ponder New M&A To Drive Growth
One year after the WHO declared COVID-19 a pandemic, 76% of global CEOs believe global economic growth will improve in 2021. In Central and Eastern Europe (CEE), optimism is also the order o...
Fashion Days Aims For Higher Than Market Average Growth, Profitability
Online fashion retailer Fashions Days held by local company Dante International, which also operates eMAG, plans to grow sales at a higher rate than the rest of the market this year 7% to 8%...
Study: Just 5.6% of Companies in Romania Are Financially Stable, Pay Debts on Time
Only 5.6% of companies in Romania are strong, financially stable and pay their debts on time and together they generated over 86% of profit made by Romanian businesses and over 40% of total...
Vel Pitar: Romanian Bakery Industry Profitability EU’s Lowest
Average bread price in Romania is the lowest in the European Union, while costs (power, flour etc.) are the same as in the EU countries, which hurts the bottom line, says Dan Trifu, vice-pre...
Banca Transilvania, Most Profitable Lender In Romania In 2015
Romanian banks were among the most profitable lenders in Europe by return on assets indicator (ROA) in 2015, while Banca Transilvania was the most profitable lender in Romania, with a RON2.4...
Romanian Banking System Profitability Seen Recovering This Year On Lower Risk Costs
The local banking system could return to profit this year, with a return on equity estimated at 2.7% this year and 3.9% in 2016, as risk costs and non-performing loan rates will be lowered t...
Banks, Still Unable To Take Firm Steps To Restore Profitability
Romanian banks have left the crisis behind, but moves to reduce paperwork and streamline operations with a view of slashing costs and luring new clients are still scarce and unevenly applied...
Leonardo Starts Selling Clothes And Home Care Products To Improve Profitability
Romania’s largest footwear retailer Leonardo will start selling clothes, cosmetics and home care products in its too large, non-profitable stores in a move to optimize its financial results...
Business Profitability Ratio In Romania Down To 0.5% In 2011 - Report
Business profitability ratios in Romania fell to 0.53% on average in 2011, from 1.6% a year earlier, a report from advisory firm Expense Reduction Analysts (ERA) Romania showed Tuesday.