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Automotive Component Manufacturer Helbako Electronica Up 88% in 2019
Automotive

Automotive Component Manufacturer Helbako Electronica Up 88% in 2019

Helbako Electronica, the local subsidiary of Germany’s Helbako GmBH, posted 87.9 million lei (EUR18.6 million) revenue, an increase of 88% on the previous year, according to ZF’s calculation...

Loredana Frățilă-Cristescu · 16.11.2020 · 10:10 · 1 min
Schaeffler Expects 10% Drop in Revenue for Its Plant Near Brasov in H1
Companies

Schaeffler Expects 10% Drop in Revenue for Its Plant Near Brasov in H1

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, expects 10% decline in revenue in the second half compared with the year-ago period, due to the decline in orders from...

Loredana Frățilă-Cristescu · 13.11.2020 · 10:33 · 1 min
Kärcher Expects Rise in Revenue in Romania Despite Sales Decline During Lockdown
Companies

Kärcher Expects Rise in Revenue in Romania Despite Sales Decline During Lockdown

Kärcher Romania, the company handling sales for the German vacuum cleaner and cleaning equipment manufacturer to local customers, will end the year with an over EUR22 million revenue, higher...

Loredana Frățilă-Cristescu · 13.11.2020 · 10:05 · 1 min
Iulius Malls See RON453M in Revenue from Rent in 2019
Retail&Consumer

Iulius Malls See RON453M in Revenue from Rent in 2019

Iulius Group’s retail properties generated 453 million lei revenue together in 2019, an increase of 14% on the previous year, ZF has calculated from the data the Iulius Group officials suppl...

Loredana Frățilă-Cristescu · 09.11.2020 · 09:57 · 1 min
Teva’s Sindan Pharma Revenue Reaches RON160M in 2019
Health

Teva’s Sindan Pharma Revenue Reaches RON160M in 2019

Israeli Teva group owned Sindan Pharma pharmaceutical plant in Bucharest posted 160 million lei revenue in 2019, an increase of RON64 million on the previous year, Finance Ministry data show...

Loredana Frățilă-Cristescu · 02.11.2020 · 10:15 · 1 min
December Make-Or-Break Month, Veranda Mall Owner Says
Retail&Consumer

December Make-Or-Break Month, Veranda Mall Owner Says

December could be a make-or-break month for the shopping centers in Romania, badly hurt by the pandemic, considering this is a time when people buy presents and usually generates higher sale...

Loredana Frățilă-Cristescu · 29.10.2020 · 10:47 · 1 min
Romania Construction Sector Revenue Up to RON107B in 2019
Analysis

Romania Construction Sector Revenue Up to RON107B in 2019

The companies in the construction sector in Romania posted more than 107 billion lei revenue in 2019, ZF has calculated from the country’s National Statistics Institute. The revenue grew by...

Loredana Frățilă-Cristescu · 28.10.2020 · 10:44 · 1 min
Chipita Romania Posts Double-Digit Growth in Revenue to Over RON500M in 2019
Companies

Chipita Romania Posts Double-Digit Growth in Revenue to Over RON500M in 2019

Chipita Romania, the largest actor on the croissant market in the country, ended 2019 with almost 501 million lei (EUR105.7 million) revenue, 10% more than in 2018, ZF’s calculations from Fi...

Loredana Frățilă-Cristescu · 27.10.2020 · 10:38 · 1 min
Axa Trans Construct Revenue Rises 71% To RON73M in 2019
Companies

Axa Trans Construct Revenue Rises 71% To RON73M in 2019

Builder Axa Trans Construct, which is now working on the Colosseum Mall in NW Bucharest, posted 73 million lei revenue in 2019, an increase of 71% on 2018, Finance Ministry data show. The pr...

Loredana Frățilă-Cristescu · 27.10.2020 · 10:27 · 1 min