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Companies

Multinationals Made RON2.5B Profit In Romania In 2008-2014, Local Entrepreneurs 22 Times More

Foreign owned companies in Romania posted merely 2.5 billion lei (EUR565 million) net profit (calculated by deducting net losses from net profit posted) in 2008-2014. Romanian entrepreneur-o...

Loredana Frățilă-Cristescu · 18.09.2015 · 07:48 · 1 min
Radox Heir Wants To Take Business To EUR8.5M Revenue This Year
Companies

Radox Heir Wants To Take Business To EUR8.5M Revenue This Year

Cristiana Rosu, chief executive officer of heating, ventilation and air conditioning company Radox she took over from her father, says she is ready to take it further and create new lines of...

Loredana Frățilă-Cristescu · 16.09.2015 · 07:00 · 1 min
Companies

Top Ten Processing Industry Companies Posted RON58B Revenue In 2014

The top ten foreign investors in Romania’s processing industry posted more than 58 billion lei (EUR13 billion) revenue in 2014 and the top ten Romanian investors in the same sector posted mo...

Loredana Frățilă-Cristescu · 11.09.2015 · 00:00 · 2 min
Croco Headed Towards RON140M Revenue From Pretzel Sticks And Biscuits
Companies

Croco Headed Towards RON140M Revenue From Pretzel Sticks And Biscuits

The Croco plant in Onesti, established by former physical education teacher Damian Mereu twenty-one years ago, is now exporting biscuits and pretzel sticks to several countries in Europe suc...

Loredana Frățilă-Cristescu · 11.09.2015 · 00:00 · 1 min
Footwear Manufacturer Denis Expects 43% Rise In Revenue
Retail&Consumer

Footwear Manufacturer Denis Expects 43% Rise In Revenue

Footwear manufacturer Denis based in Suceava (NE Romania) expects 15 million sales in 2015, as estimated at the beginning of the year, 43% higher than in 2014, the company said.

Loredana Frățilă-Cristescu · 08.09.2015 · 00:00 · 1 min
Romania’s Economy No Longer Reliant On Bucharest
Analysis

Romania’s Economy No Longer Reliant On Bucharest

The revenue of the companies registered in Bucharest taken together has dropped 37% to 433 billion lei (EUR98 billion) the past seven years, so the capital city now accounts for only 37% of...

Loredana Frățilă-Cristescu · 31.08.2015 · 08:10 · 3 min
Arabesque Posts 5% Sales Growth In H1
Companies

Arabesque Posts 5% Sales Growth In H1

Construction materials distributor Arabesque of entrepreneur Cezar Rapotan posted sales growth of 5% in the first half and expects the same growth for the entire year.

Loredana Frățilă-Cristescu · 25.08.2015 · 07:00 · 1 min
Energy

Transgaz Eyes Lower Profit In 2015 On ANRE's Revenue Adjustment

Romanian natural gas transmission company Transgaz (TGN.RO) expects a lower profit in 2015 compared with a year before, on its revenues being adjusted by energy regulator ANRE in order to tr...

Manuela Panescu · 21.08.2015 · 16:00 · 2 min
Orange And Vodafone Saw Highest Rise In Revenue In Q2
Technology &Telecoms

Orange And Vodafone Saw Highest Rise In Revenue In Q2

Orange and Vodafone, the largest local telecommunications operators, posted the highest growth in revenue in the second quarter of the year, about 6%, according to the data released by the o...

Loredana Frățilă-Cristescu · 21.08.2015 · 13:37 · 2 min