REVENUE
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Apparel Manufacturer Artifex Expects 25% Growth This Year
Apparel manufacturer Artifex, which works for major fashion brands like Hugo Boss, Massimo Dutti, Lacoste Premium and COS, expects revenue to reach 150 million lei (EUR34 million) this year,...
Natural Gas Price Hike For Households Boosts Romgaz’ Revenues
The recently announced natural gas price hikes for household consumers could mean an of 1.4 billion lei (EUR315 million) for the revenue of Romania’s main natural gas producer Romgaz (SNG.RO...
IKEA Sofa Supplier Taparo Saw EUR67m Revenue In 2014
Furniture manufacturer Taparo, based in Maramures (northern Romania), posted EUR67 million revenue last year, an increase of 2% on 2013, generated by almost 1,000 employees.
Adecco’s 2014 Revenue Touches Record High In Romania
HR company Adecco, leader of the Romanian recruitment and temporary workforce market, registered revenue of 240 million lei (EUR54 million) in Romania last year, up 15% from 2013, the compan...
Diverta Sales Down 9% In 2014
Diverta, the bookstore chain held by businessman Octavian Radu that exited insolvency in 2013, ended last year with 9% lower sales than in 2013, EUR9 million, and closed three stores so it n...
Top Five FMCG Distributors Posted 9% Growth In 2014
The five largest fast moving consumer goods distribution businesses in Romania posted overall growth of almost 9% in revenue to more than 2.5 billion lei (EUR563 million) last year, ZF has f...
Rising Exports Took Frigoglass Revenue To Over RON400M In 2014
Frigoglass Romania, a company part of the Greek refrigerating equipment manufacturer Frigoglass, posted 405.8 million (EUR91.4 million) revenue last year, an increase of 4% on 2013 driven by...
Lidl: EUR1B Mark Not That Far Away
German-held retailer Lidl, which officially entered Romania in 2011, is spending EUR20 million to EUR30 million a year on the expansion that took its business to more than EUR700 million in...
E.ON Energie Romania Expects Revenue To Drop To 2013 Level
Integrated electricity and natural gas supplier E.ON Energie Romania, a unit of Germany’s E.ON, is bearish about 2015 and expects 9% lower operating revenue of 4.8 billion lei (a little more...