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Aro-Palace Brasov Net Turnover Up 8.7% To RON31.7M, Net Profit Plunges 64.8% To RON696,700 In 2019
Aro-Palace Brasov, which owns one of the largest five-star hotels outside capital Bucharest, ended 2019 with a net profit of RON696,700, down 64.8% on the year, and a net turnover of RON31.7...
Agricover Credit Net Profit Grows 21% YoY To RON40M In 2019
Agricover Credit IFN, the financing arm of Agricover group, controlled by Iranian businessman Jabbar Kanani and the EBRD, on Tuesday said it ended 2019 with a net profit of RON40.1 million,...
TED'S Coffee Eyes 43% Higher Turnover, Of EUR5M, In 2020; Expansion To 40 Coffee Shops
Coffee shop chain TED'S Coffee Co, owned by Romanian entrepreneur Vasi Andreica, expects a turnover of EUR5 million in 2020, up 43% on the year, and targets to expand its coffee shop chain t...
Vrancart Net Profit Up 30% To RON23M, Turnover Up 2% To RON301M YoY In 2019
Paper and cardboard maker Vrancart Adjud (VNC.RO) on Monday said its net profit grew 30% to RON23 million and its turnover grew 2% to nearly RON301 million on the year in 2019.
SIF Banat-Crisana Assets Grow 19.3% To RON2.9B, Net Profit Doubles To RON159M YoY In 2019
Regional investment fund SIF Banat-Crisana (SIF1.RO), had total assets of RON2.9 billion end-2019, 19.3% higher than at the end of 2018, and a net profit of RON159 million, 106% higher than...
Impact Bucuresti Posts RON164M Net Profit In 2019, Eightfold Higher Than In 2018
Real estate developer Impact Developer & Contractor (IMP.RO), owned by businessman Gheorghe Iaciu, reported a net profit of RON164.694 million for 2019, compared with RON20.8 million in 2018...
Erste Pleased With BCR Results, Stays Committed To Romanian Market, CEO Says
Austria’s Erste Group’s new CEO Bernhard Spalt said in Vienna during the presentation of the financial results on Friday that BCR, whose main shareholder the Austrian group is, did a very go...
iHunt Technology 2019 Net Profit Up 31.3% To RON633,510, Turnover Up 1% To RON24.9M
Ploiesti-based iHunt Techonology (HUNT.RO), a manufacturer and supplier of mobile telephones and hi-tech gadgets, on Friday said it ended 2019 with a net profit of RON633,510, up 31.3% on th...
Compa Sibiu Ends 2019 With RON772M Revenue, Close To 2018 Level
Romanian car parts manufacturer Compa Sibiu (CMP.RO) on Friday said it ended 2019 with revenue of RON772 million, close to 2018 level of RON767 million, the company said in its preliminary f...