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Restaurants In Floreasca Area Generate EUR10m Revenue A Year
Retail&Consumer

Restaurants In Floreasca Area Generate EUR10m Revenue A Year

The Calea Floreasca – Barbu Vacarescu area (which connects the center to the north of the city) has become one of the busiest coffee shop and restaurant areas in Bucharest, with 20 to 25 suc...

Loredana Frățilă-Cristescu · 09.07.2015 · 08:05 · 2 min
Ten Largest Businesses Developed By Young Entrepreneurs Saw Over RON40m Revenue In 2014
Companies

Ten Largest Businesses Developed By Young Entrepreneurs Saw Over RON40m Revenue In 2014

The ten largest SRL-D companies (businesses started by young entrepreneurs) in Romania posted more than 43 million lei (almost EUR10 million) revenue last year.

Loredana Frățilă-Cristescu · 07.07.2015 · 00:00 · 1 min
Danish Software Developer Netop Eye 40% Higher Revenue In 2015
Companies

Danish Software Developer Netop Eye 40% Higher Revenue In 2015

Netop Tech Romania, the local unit of Danish software developer, eyes 40% higher revenue in 2015, to over EUR3,5 million, during its second year on providing software solutions on the market...

Manuela Panescu · 06.07.2015 · 14:14 · 1 min
Electrolux Revenue Drops To Less Than EUR100m In Romania
Companies

Electrolux Revenue Drops To Less Than EUR100m In Romania

Swedish home appliances manufacturer Electrolux, one of the six international giants in this sector that has plants in Romania, saw revenue drop to less than EUR100 million on this market in...

Loredana Frățilă-Cristescu · 06.07.2015 · 00:00 · 1 min
Umbrarescu’s Construction Business Down 35% In 2014
Companies

Umbrarescu’s Construction Business Down 35% In 2014

Builders Spedition UMB and Tehnostrade, of Bacau-based businessman Dorinel Umbrarescu, ended 2014 with 529 million lei (EUR118 million) revenue, 35% lower than in 2013.

Loredana Frățilă-Cristescu · 02.07.2015 · 00:00 · 1 min
Macroeconomics

VAT Revenue Up 17% In Jan-May

The value added tax revenue in the first five months of the year was 17% higher than in the year-earlier period, and the 3.5 billion lei (EUR779 million) surplus is enough to offset the decl...

Loredana Frățilă-Cristescu · 30.06.2015 · 10:23 · 1 min
Inditex Revenue Close To EUR200M In Romania
Retail&Consumer

Inditex Revenue Close To EUR200M In Romania

Spanish-held Inditex group, which operates via seven fashion brands in Romania, came close to EUR200 million (872.6 million lei) revenue last year, an increase of 12% without opening a singl...

Loredana Frățilă-Cristescu · 30.06.2015 · 00:00 · 1 min
BriseGroup Aims For 25% Growth
Companies

BriseGroup Aims For 25% Growth

Agribusiness company BriseGroup of Constanta businessman Marius Bucur targets a 25% increase in revenue to almost 1.6 billion lei (EUR359 million) this year, after climbing to fourth place a...

Loredana Frățilă-Cristescu · 29.06.2015 · 00:00 · 1 min
100 Largest Companies To Go Insolvent This Year Posted RON3.7B Revenue In 2014
Companies

100 Largest Companies To Go Insolvent This Year Posted RON3.7B Revenue In 2014

The 100 largest companies that have gone insolvent since the beginning of 2015 posted 3.7 billion lei (EUR827 million) revenue last year and had tens of thousands of employees.

Loredana Frățilă-Cristescu · 24.06.2015 · 00:00 · 2 min