REVENUE
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Nestle: Food VAT Cut Drove Romanians’ Purchasing Power Up
The food VAT cut as of June was a good step and helped improve the purchasing power of Romanian consumers and the sales of Nestle, says Herve de Froment, who is in charge of the local operat...
Cold Cuts And Canned Food Company Vascar Aims For RON130M Revenue In 2017
Cold cuts and canned meat producer Vascar based in Vaslui County (eastern Romania), which also owns retail operations, says it plans to continue expansion by five stores a year and one of th...
Carrefour Romania Sees Revenue Up 15% In H1
Carrefour Romania, the largest company of the French group on the local market, ended the first half with 2.3 billion lei (EUR521 million) revenue, 15% higher than in the same time in 2014.
Romania Tax Collection Rises 7.8% on Year in Jan-Sept, RON146.58B
Romania's tax authority collected revenues of RON146.58 billion in January-September, 7.8% higher than in the same period last year and 0.8% higher than planned, due to improved collections...
Heidi Aims For EUR30M Revenue In Five Years
Heidi’s chocolate factory in Pantelimon, near Bucharest, should reach almost EUR30 million revenue by 2020, an increase of 50% on the current level.
Stefanel Expects Almost EUR6M Revenue This Year
Italian fashion brand Stefanel, which arrived in Romania in the early nineties, will come close to EUR6 million revenue this year, following a two-digit growth rate and the opening of three...
Olympus Sees 2015 Revenue At EUR75M
Fabrica de Lapte Brasov, the local producer of the Olympus, Oly and Familia Brasoveanu dairy brands, set out to attain EUR75 million revenue this year, after a first half with 11% growth.
Zitec Eyes Half Of Revenues From Large Corporate Clients By 2017
Romanian online applications provider Zitec eyes revenue of EUR5 million (nearly 22 million lei) in 2015, while planning that half of its turnover be generated from projects for medium and l...
Immofinanz Romania’s Assets Make 13% Of Group’s Revenue
Austrian developer Immofinanz posted revenue from rents worth EUR11.8 million on the local market in the first quarter of financial year 2014-2015 ended July 31, similar with the same period...