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Online Payments In Romania Up 24% In 2011 To EUR158.9M
Online card payments in Romania in 2011 grew 24% on the year to EUR158.9 million, according to the data of card payment processor Romcard, cited by e-commerce solutions provider ePayment in...
Most “Inexpensive” Stocks On Bucharest Bourse
The start of the year is a time when investors usually arrange their portfolios, trying to find and buy those stocks that are best positioned for growth over that year.
Mecanica Ceahlau 2011 Net Profit Triples To RON7.3M
Romanian agricultural machinery producer Mecanica Ceahlau (MECF.RO) Friday said its net profit more than tripled to 7.27 million lei (EUR1.7 million) in 2011, fueled by higher sales, accordi...
Mobexpert Sees 3% Rise In 2011 Sales
Furniture maker Mobexpert on Wednesday reported a 3% year-on-year rise in sales this year, and it expects sales to rise by another 2%-3% in 2012, from some EUR115 million in 2010.
McDonald's Romania Sees 2011 Sales At Over EUR100M
Fast food chain McDonald's Romania expects sales to top EUR100 million this year, after reporting a turnover of some EUR99 million in 2010.
Local Food Maker Sees Tough Year Ahead, Still Plans Large Investment
Although 2011 was a good year for agriculture and food producers, 2012 might not be as good, because of economic uncertainty and the droughts seen this year in Romania, a local food maker sa...
Meda Keeps Sales Steady But Profit Drops
Meda Prod 98, one of the top 20 cold cuts producers in Romania set 101 million lei (EUR23.4 million) as its revenue target in 2011, the same as last year. Costs will increase, though, bringi...
Marfin Bank Romania Posts EUR4.3M Net Profit In First Nine Months
Marfin Bank, controlled by the Cypriot group of the same name, reported a net profit of EUR4.3 million in the first nine months, under international financial reporting standards (IFRS). Thi...
Sortilemn Gherla To End 2011 With EUR30M Turnover
Romanian IKEA supplier Sortilemn said it will conclude this year with a turnover of EUR30 million, up 36% from EUR22 million in 2010.