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20 Largest Companies To Go Insolvent In 2016 Posted RON6B Revenue In 2015
Companies

20 Largest Companies To Go Insolvent In 2016 Posted RON6B Revenue In 2015

The 20 largest companies that went insolvent last year posted 6 billion lei (EUR1.33 billion) revenue and more than RON10 billion debt in 2015, according to the latest publicly available dat...

Loredana Frățilă-Cristescu · 07.02.2017 · 11:00 · 2 min
Miele Plant In Brasov Close To EUR50M Revenue
Companies

Miele Plant In Brasov Close To EUR50M Revenue

Germany’s Miele group plant in Brasov will be operating at peak capacity by mid-2017. The plant opened in the fall of 2009 and the home appliances manufacturer has invested EUR36 million in...

Loredana Frățilă-Cristescu · 03.02.2017 · 10:00 · 1 min
FAN Courier: There Is Still Room For Growth On The Market
Companies

FAN Courier: There Is Still Room For Growth On The Market

FAN Courier has budgeted growth in revenue by 10% to 15% for this year, says Adrian Mihai, one of its founders and shareholders. There is still room for growth on the courier service market...

Loredana Frățilă-Cristescu · 25.01.2017 · 00:00 · 1 min
Furniture Manufacturer Larix Mobila Gets 70% Of Revenue From Exports
Companies

Furniture Manufacturer Larix Mobila Gets 70% Of Revenue From Exports

Furniture manufacturer Larix Mobila based in Reghin, Mures County (central Romania) gets about 70% of its EUR17 million revenue from exports to Netherlands, Germany, Belgium, France, Luxembo...

Loredana Frățilă-Cristescu · 23.01.2017 · 00:00 · 1 min
International Projects Generated 10% Of Elsaco Group Revenue In 2016
Energy

International Projects Generated 10% Of Elsaco Group Revenue In 2016

Last year was quite a challenging year for the Elsaco group in Botosani (northern Romania), which specializes in energy projects and energy efficiency solutions, because of the lack of inves...

Loredana Frățilă-Cristescu · 20.01.2017 · 11:00 · 1 min
Help Net Revenue Up 12% To EUR114M In 2016
Health

Help Net Revenue Up 12% To EUR114M In 2016

Help Net, the fourth leading pharmaceutical retailer, has grown past 200 pharmacies in Romania and its revenue went up 12% to EUR114 million in 2016 year-on-year. The owner of Help Net is Ov...

Loredana Frățilă-Cristescu · 19.01.2017 · 10:00 · 1 min
Romelectro Expects Significant Rise In Revenue In 2017
Energy

Romelectro Expects Significant Rise In Revenue In 2017

Romelectro, one of the largest energy project contractors in Romania, expects a significant rise in revenue this year because of the contracts it won in 2016, when it estimates its revenue r...

Loredana Frățilă-Cristescu · 18.01.2017 · 00:00 · 1 min
Metro Cash & Carry Returns To Growth Despite Closing One Store
Retail&Consumer

Metro Cash & Carry Returns To Growth Despite Closing One Store

Metro Cash & Carry revenue increased by 2.7% to EUR911 million in the financial 2015/2016, as shown in its financial report.

Loredana Frățilă-Cristescu · 15.12.2016 · 10:00 · 1 min
FAN Courier Expects Growth To Slow Down In 2017
Companies

FAN Courier Expects Growth To Slow Down In 2017

FAN Courier, the largest courier service company in Romania, expects an increase of no more than 15% in revenue to 600 million lei (EUR135 million) revenue next year. The growth pace is lowe...

Loredana Frățilă-Cristescu · 15.12.2016 · 00:00 · 1 min