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Mega Image Revenue Grew 12-Fold, Network 25-Fold In Past Decade
Retail&Consumer

Mega Image Revenue Grew 12-Fold, Network 25-Fold In Past Decade

Belgian-held Mega Image group, the most aggressive retailer in terms of expansion in Romania, reached about 400 stores by the end of last year, 25 times more than a decade ago. The expansion...

Loredana Frățilă-Cristescu · 21.05.2015 · 10:56 · 2 min
AFI Europe Rental Revenue In Romania Neared EUR9M In 1Q
Real Estate

AFI Europe Rental Revenue In Romania Neared EUR9M In 1Q

AFI Europe Romania had net operating revenue of nearly EUR9 million in the first quarter, 8.1% higher than in the first quarter of 2014, mainly driven by its two new office buildings in Buch...

Oana Gavrila · 20.05.2015 · 11:53 · 1 min
Porsche Romania Revenue Up 18% In 2014
Automotive

Porsche Romania Revenue Up 18% In 2014

Porsche Romania, the largest auto importer on the local market, posted almost 1.8 billion lei (EUR405 million) revenue last year, an increase of 18% on 2013, the company said. The sales of t...

Loredana Frățilă-Cristescu · 20.05.2015 · 00:00 · 1 min
Technology &Telecoms

Vodafone Romania Revenue Down To EUR164.7M In January-March

Vodafone Romania service revenue fell 5.8% in the fourth quarter of the financial year 2014-2015 (January-March ) on organic basis to GBP122 million (EUR164.7 million), from GBP143 million i...

Gabriela Stan · 19.05.2015 · 12:16 · 1 min
NEPI 1Q Revenue Up 52% To RON22M
Real Estate

NEPI 1Q Revenue Up 52% To RON22M

South African property investment fund New Europe Property Investments (NEPI) reported rental income and other operating revenues worth EUR22.3 million in the first quarter, according to una...

Gabriela Stan · 15.05.2015 · 13:28 · 1 min
Petrotel-Lukoil Cuts Losses To RON308M In 2014
Energy

Petrotel-Lukoil Cuts Losses To RON308M In 2014

Petrotel refinery in Ploiesti, owned by Russia’s Lukoil group, ended last year with 308 million lei (EUR69 million) losses.

Loredana Frățilă-Cristescu · 15.05.2015 · 00:00 · 1 min
Brise Group Close To EUR300M Revenue From Agribusiness
Companies

Brise Group Close To EUR300M Revenue From Agribusiness

Brise Group, of Constanta entrepreneur Marius Bucur, ended last year with EUR289 million revenue, 10% above the 2013 level and its highest ever.

Loredana Frățilă-Cristescu · 13.05.2015 · 00:00 · 1 min
ArcelorMittal Galati Posted Almost EUR1B Losses In 2009-2014
Energy

ArcelorMittal Galati Posted Almost EUR1B Losses In 2009-2014

Steel plant ArcelorMittal Galati posted 3.59 billion lei (EUR805 million) revenue last year, 3.2% lower than in 2013 and RON480 million loss. The plant’s business was hurt by the drop in ste...

Loredana Frățilă-Cristescu · 13.05.2015 · 00:00 · 2 min
Softronic’s Exports Reach RON11M In 2015
Automotive

Softronic’s Exports Reach RON11M In 2015

Craiova-based Softronic, held by Romanian entrepreneurs sold its 20th locomotive made in Craiova abroad and expects to export one more by yearend.

Loredana Frățilă-Cristescu · 12.05.2015 · 00:00 · 1 min