REVENUE
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Sphera Franchise Group Spends RON59M or 8.2% of Revenue on Rent in 2020
Sphera Franchise Group (SFG.RO), one of the major actors on the restaurant market in Romania by sales and number of restaurants, paid some RON58.59 million rent in 2020, RON9.3 million less...
Medical Lab Divisions of MedLife and Medicover Generate 20% to 50% of Group Revenue
The private medical labs of two leading health care providers in Romania – market leader MedLife and Medicover, the third leading operator, generated significant revenue for the groups they...
Furniture Maker Sortilemn Gherla Revenue Shrinks 6% to RON154M in 2020
Gherla (Cluj County) based furniture manufacturer Sortilemn posted RON154 million (EUR32 million) revenue in 2020, 6% lower than in 2019, largely due to the decline in orders during the lock...
Carrier Gebrüder Weiss’ Home Delivery Unit Sees 85% Rise in Revenue in 2020
Home Delivery, the residential freight delivery unit of carrier Gebrüder Weiss, posted 85% increase in revenue in Romania year-on year in 2020. The number of shipments was 123% higher or mor...
Chip Shortage Wipes Out EUR260M of Local Automotive Industry Revenue
Dacia will stop working for two days in March, in addition to the three in February, the company said. The plant will therefore make 6,500 cars less, which will cost it almost EUR100 million...
Constructii Erbasu Owner: Construction Sector to Suffer Effects of Pandemic in 2021
The construction industry, too, will suffer the effects of the pandemic in 2021, after having been relatively safe so far, believes Cristian Erbasu, owner of Constructii Erbasu, the largest...
Wood Industry Company Egger Romania Revenue Shrinks 9% to EUR299M in 2020
Egger Romania, part of the Austrian supplier of wood-based material for furniture industry and interior decorations, construction and flooring Egger, posted about EUR299 million revenue in 2...
Builder CON-A Returns to Growth in 2020
Sibiu-based builder CON-A of entrepreneur Mircea Bulboaca ended 2020 with EUR101 million revenue, the corporate website says. This is 13% higher than in 2019 and is the first growth after tw...
Kastamonu Romania Revenue Rises 7% to More Than EUR136M in 2020
Kastamonu Romania (formerly Prolemn), held by Turkey’s wood processing group Kastamonu Entegre, posted EUR136 million revenue in 2020, an increase of 7% year-on-year.