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Gersim Revenue Down 10% to EUR150M in 2018
Technology &Telecoms

Gersim Revenue Down 10% to EUR150M in 2018

Gersim Impex, the largest mobile phone and tablet distributor in Romania, ended 2018 with EUR150 million revenue, 10% lower than in 2017, which owner and CEO Dan Stefanescu deems as a good r...

Loredana Frățilă-Cristescu · 05.02.2019 · 10:13 · 1 min
Cheese Producer Hochland’s Revenue Up 18% in 2018
Companies

Cheese Producer Hochland’s Revenue Up 18% in 2018

Hochland Romania, the largest actor on the local cheese market ended 2018 with almost 400 million lei (some EUR87 million) revenue, up 18% on the previous year, the company said.

Loredana Frățilă-Cristescu · 04.02.2019 · 07:00 · 1 min
Romania's Automotive Industry Revenue Up to EUR28B in 2018
Automotive

Romania's Automotive Industry Revenue Up to EUR28B in 2018

The revenue of the local auto industry, which includes the Automobile Dacia and Ford’s revenue, as well as that of more than 400 component manufacturers rose 20% to EUR28 billion last year,...

Loredana Frățilă-Cristescu · 04.02.2019 · 00:00 · 1 min
Metro Cash & Carry Revenue Up 10% in 2018
Retail&Consumer

Metro Cash & Carry Revenue Up 10% in 2018

German-held Metro Cash & Carry, which entered Romania more than two decades ago, saw its revenue up 10% to EUR1.08 billion in 2018. This is the highest increase in the past 12 years.

Loredana Frățilă-Cristescu · 30.01.2019 · 11:14 · 1 min
Construction Materials Distributor Temad Seeks 7% Growth In 2019
Companies

Construction Materials Distributor Temad Seeks 7% Growth In 2019

Brasov-based construction supplies manufacturer and distributor Temad held by businessman Florin Madar aims to boost revenue by 7% in 2019 and develop its paint distribution division.

Loredana Frățilă-Cristescu · 30.01.2019 · 10:32 · 1 min
Vodafone Romania Service Revenue Down 0.8% In 4Q/2018 Due To Negative Impact Of Termination Rates
Companies

Vodafone Romania Service Revenue Down 0.8% In 4Q/2018 Due To Negative Impact Of Termination Rates

Telecom operator Vodafone Romania on Friday said its service-generated organic revenue inched down 0.8% in the quarter ended on December 31, 2018, compared with the same period a year before...

Ecaterina Craciun · 25.01.2019 · 11:45 · 1 min
Hidroconstructia Revenue Down 25% in 2018
Companies

Hidroconstructia Revenue Down 25% in 2018

Hidroconstructia, a company among the top ten builders in Romania, saw its revenue drop by 25% in 2018, due to the decline in public sector investment. The business therefore shrank to 250 m...

Loredana Frățilă-Cristescu · 17.01.2019 · 00:00 · 1 min
Cris-Tim Expects EUR175M Revenue In 2019
Companies

Cris-Tim Expects EUR175M Revenue In 2019

Cold cuts and dairy group Cris-Tim expects to see revenue up 14% in 2019 compared with last year to about EUR175 million, ZF has calculated from the information Cris-Tim chairman Radu Timis...

Loredana Frățilă-Cristescu · 16.01.2019 · 09:41 · 1 min
Farmacia Tei Close To EUR100M Sales With Only 5 Pharmacies
Retail&Consumer

Farmacia Tei Close To EUR100M Sales With Only 5 Pharmacies

Retail pharmacy chain Farmacia Tei of entrepreneur Roxana Maftei ended last year with EUR96 million sales, up 45% on the previous year, the company officials say.

Loredana Frățilă-Cristescu · 10.01.2019 · 00:00 · 1 min