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Profit Tax Revenue Doubled In Ten Years, Shrank As Percentage Of GDP
Companies

Profit Tax Revenue Doubled In Ten Years, Shrank As Percentage Of GDP

The state budget revenue from profit tax has doubled in the past ten years, going from 10 billion lei (over EUR2 billion) to more than RON19 billion estimated for 2020.

Loredana Frățilă-Cristescu · 10.02.2020 · 00:00 · 1 min
Daw Benta Sees Revenue Up 10% To EUR30M In 2019
Companies

Daw Benta Sees Revenue Up 10% To EUR30M In 2019

Paint, coatings and other construction materials manufacturer Daw Benta, held by entrepreneur Remus Aurel Benta, posted consolidated revenue of EUR29.3 million in the three countries it oper...

Loredana Frățilă-Cristescu · 10.02.2020 · 00:00 · 1 min
Winemaker Jidvei Sees Double-Digit Growth In 2019
Companies

Winemaker Jidvei Sees Double-Digit Growth In 2019

Winemaker Jidvei, one of the largest in Romania, ended last year with about 10% higher revenue, its officials said.

Loredana Frățilă-Cristescu · 06.02.2020 · 09:00 · 1 min
Adeplast Sees Revenue Up 5% To RON500M In 2019
Companies

Adeplast Sees Revenue Up 5% To RON500M In 2019

Construction materials manufacturer AdePlast, whose sale to Switzerland’s Sika was announced in 2019, posted 500 million lei (more than EUR100 milion) revenue last year, an increase of 5% ov...

Loredana Frățilă-Cristescu · 04.02.2020 · 09:32 · 1 min
Sika Sees Double-Digit Growth To Over RON170M In Romania In 2019
Companies

Sika Sees Double-Digit Growth To Over RON170M In Romania In 2019

Switzerland’s Sika group, the owner of the construction materials manufacturer AdePlast, increased its revenue in Romania at a double-digit rate in 2019, its officials say, to at least 170 m...

Loredana Frățilă-Cristescu · 30.01.2020 · 00:00 · 1 min
Dropping Income Tax Exemption for IT Employees Would Translate into RON1B State Budget Revenue a Year
Social/Politics

Dropping Income Tax Exemption for IT Employees Would Translate into RON1B State Budget Revenue a Year

Prime Minister Ludovic Orban continues to say that dropping the income tax exemption some IT employees currently get is a good thing and that equal fiscal treatment for all citizens and comp...

Loredana Frățilă-Cristescu · 29.01.2020 · 07:00 · 1 min
Mineral Water Bottler Apemin Tusnad Sees 12% in Revenue to RON64M in 2019
Companies

Mineral Water Bottler Apemin Tusnad Sees 12% in Revenue to RON64M in 2019

Apemin Tusnad, a top ten natural mineral water bottler, ended 2019 with growth of about 12% year-on-year to 64.3 million lei (more than EUR13 million) revenue, the data supplied by the compa...

Loredana Frățilă-Cristescu · 21.01.2020 · 10:27 · 1 min
Cristian Erbasu Targets Over RON1B Revenue from Construction Business in 2020
Companies

Cristian Erbasu Targets Over RON1B Revenue from Construction Business in 2020

Cristian Erbasu, owner of construction company Constructii Erbasu, has budgeted 1.03 billion lei (EUR217 milion) revenue for 2020, over 20% more than last year’s level.

Loredana Frățilă-Cristescu · 20.01.2020 · 00:00 · 1 min
Food Supplements Distributor Secom Expects Double Digit Growth in 2020
Companies

Food Supplements Distributor Secom Expects Double Digit Growth in 2020

Food supplements importer and distributor Secom ended the first ten months of 2019 with EUR19 milion revenue, 12% more than in the year-earlier period, its officials say.

Loredana Frățilă-Cristescu · 17.01.2020 · 10:18 · 1 min