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Automotive Component Manufacturer Preh Romania Ends 2019 with EUR21M Investments
Automotive

Automotive Component Manufacturer Preh Romania Ends 2019 with EUR21M Investments

Automotive component manufacturer Preh Romania, a supplier of Porsche, Mercedes, Audi and BMW, conducted a EUR21 million investment program this year to buy new equipment and expand manufact...

Loredana Frățilă-Cristescu · 14.11.2019 · 00:00 · 1 min
Telekom Romania Group Revenue Up 7.4% YoY To EUR244M In Q3/2019
Companies

Telekom Romania Group Revenue Up 7.4% YoY To EUR244M In Q3/2019

Telekom Romania group, consisting of the former Cosmote and Romtelecom, reported 7.4% higher revenues, of EUR243.5 million, year-over-year in the third quarter of 2019, against the backdrop...

Ecaterina Craciun · 07.11.2019 · 14:30 · 2 min
Gral Medical Posts 12% Higher Revenue, Of RON120M, YoY In Jan-Sept 2019
Companies

Gral Medical Posts 12% Higher Revenue, Of RON120M, YoY In Jan-Sept 2019

Gral Medical, the sixth largest player on the Romanian private healthcare services market, held by entrepreneur Robert Serban, registered revenue of RON120 million in the first nine months o...

Ecaterina Craciun · 04.11.2019 · 19:13 · 1 min
PowerNet Consulting Expects RON11M Revenue by Yearend
Technology &Telecoms

PowerNet Consulting Expects RON11M Revenue by Yearend

Romanian-owned PowerNet Consulting, which specializes in providing IT security services and solutions, expects to end the year with more than 11 million lei (EUR2.3 million) revenue, more th...

Loredana Frățilă-Cristescu · 04.11.2019 · 07:00 · 1 min
Dairy Market Leader Albalact Sees RON620M Sales in 2018
Companies

Dairy Market Leader Albalact Sees RON620M Sales in 2018

Albalact, the largest actor on the 5 billion lei (EUR1.2 billion) dairy market in Romania, ended 2018 with RON620 million revenue, up 5% on the previous years, Finance Ministry data show. Th...

Loredana Frățilă-Cristescu · 22.10.2019 · 10:00 · 1 min
Ark Insaat, Builder of Arctic’s Ulmi Plant, Triples Revenue to RON170M in 2018
Companies

Ark Insaat, Builder of Arctic’s Ulmi Plant, Triples Revenue to RON170M in 2018

Ark Insaat (Ark Construction), the construction company that built the washing machine plant of Turkish-held home appliances manufacturer Arctic, posted 170 million lei (EUR38 million) reven...

Loredana Frățilă-Cristescu · 16.10.2019 · 10:08 · 1 min
Construction Materials Distributor Temad Revenue up 10% in Jan-Aug
Companies

Construction Materials Distributor Temad Revenue up 10% in Jan-Aug

Construction and industrial auxiliary materials distributor Temad, based in Brasov, posted 10% growth in revenue in the first eight months of the year, compared with the same time last year.

Loredana Frățilă-Cristescu · 30.09.2019 · 07:00 · 1 min
Rohatyn Makes RON200M Revenue from Maxi Pet and Animax Pet Shops
Retail&Consumer

Rohatyn Makes RON200M Revenue from Maxi Pet and Animax Pet Shops

Private equity firm Rohatyn got 200 million lei (EUR42 million) revenue from its pet shop business in Romania, following 20% growth in 2018. The investor owns the Animax network it bought la...

Loredana Frățilă-Cristescu · 23.09.2019 · 00:00 · 1 min
Ice Cream Producer Betty Ice Revenue Up 15% to RON146M in 2018
Companies

Ice Cream Producer Betty Ice Revenue Up 15% to RON146M in 2018

Betty Ice, the largest ice cream producer in Romania, ended 2018 with 146 million lei (more than EUR31 million) revenue, up 15% compared with 2017, Finance Ministry data show.

Loredana Frățilă-Cristescu · 18.09.2019 · 10:06 · 1 min