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Telekom Romania Group 1Q Revenue Down 2% To EUR230M, Operating Profit Down 5% To EUR37M
Technology &Telecoms

Telekom Romania Group 1Q Revenue Down 2% To EUR230M, Operating Profit Down 5% To EUR37M

The revenue of Telekom group, formed of former companies Cosmote and Romtelecom, fell 1.7% to EUR230 million in January-March 2017, and its operating profit (EBITDA) fell 5.1% to EUR37 milli...

Ecaterina Craciun · 11.05.2017 · 12:29 · 1 min
Baneasa Shopping City Operator Baneasa Developments Profit  Margin At Over 30% In 2016
Retail&Consumer

Baneasa Shopping City Operator Baneasa Developments Profit Margin At Over 30% In 2016

Baneasa Developments, the company that operates Baneasa Shopping City in northern Bucharest, posted 6% increase in revenue to 221 million lei (EUR49.1 million) last year.

Loredana Frățilă-Cristescu · 11.05.2017 · 00:00 · 1 min
Oil Product Wholesaler Artoil Plans To Double Revenue To RON400M In 2017
Energy

Oil Product Wholesaler Artoil Plans To Double Revenue To RON400M In 2017

Artoil, an oil product wholesaler based in Timisoara has seen its revenue go up from 5 million lei (EUR1.1 million) to RON200 million in five years and plans to double it to RON400 million i...

Loredana Frățilă-Cristescu · 10.05.2017 · 08:05 · 1 min
The Body Shop: 2017 Started Unusually Well
Retail&Consumer

The Body Shop: 2017 Started Unusually Well

Cosmetics retail chain The Body Shop, which has been in Romania for about 18 years, has budgeted double-digit growth for this year, the highest growth in the last few years.

Loredana Frățilă-Cristescu · 10.05.2017 · 00:00 · 1 min
UPC Romania Revenue Grows 6% in 1Q
Technology &Telecoms

UPC Romania Revenue Grows 6% in 1Q

Cable TV and telecom operator UPC Romania, member of Liberty Global, on Monday reported revenue of RON168.6 million for the first quarter, nearly 6% higher compared with the same period last...

Oana Gavrila · 08.05.2017 · 10:39 · 1 min
ETA2U Revenue Up 7.6% To RON165M In 2016
Technology &Telecoms

ETA2U Revenue Up 7.6% To RON165M In 2016

Timisoara-based ETA2U, the largest IT integrator outside Bucharest, ended last year with 165 million lei (EUR36.7 million) revenue, up 7.6% on the previous year, according its Finance Minist...

Loredana Frățilă-Cristescu · 03.05.2017 · 09:47 · 1 min
Macromex Revenue Up To Almost EUR140M In 2016
Companies

Macromex Revenue Up To Almost EUR140M In 2016

Food distributor Macromex SRL, indirectly held by Romanian entrepreneur Dan Minulescu, posted 627 million lei (more than EUR139 million) revenue in 2016, an increase of 20% on the previous y...

Loredana Frățilă-Cristescu · 03.05.2017 · 00:00 · 1 min
Aqua Carpatica Bottler Revenue Up 55% In 2016
Companies

Aqua Carpatica Bottler Revenue Up 55% In 2016

Carpathian Springs, the bottler of the natural mineral water brand Aqua Carpatica, posted 154.8 million lei (about EUR34 million) revenue last year, an increase of 55% on 2015, publicly avai...

Loredana Frățilă-Cristescu · 26.04.2017 · 09:51 · 1 min
ANAF Revenues 1.3% Higher YoY In January-March, 2% Lower Than Planned
Companies

ANAF Revenues 1.3% Higher YoY In January-March, 2% Lower Than Planned

The revenues collected by Romanian tax authority ANAF in January–March are 1.3% higher compared with the year-earlier period, but 2% lower (RON1.1 billion) compared with the planned amount,...

Gabriela Stan · 13.04.2017 · 14:35 · 1 min