REVENUE
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67 Companies Went From EUR7.7B To EUR25B Revenue In 2008-2013
Although 2008-2013 was one of the darkest times in Romania's economy after 1989, with more than 100,000 companies going belly up and an overnight surge in non-performing loans from 0% to 20%...
Frigoexpres Ends H1 With RON21M Revenue
Oradea-based freight shipping company Frigoexpres, which went insolvent last August, ended the first half of the year with 21 million lei (EUR4.8 million) revenue, down 36% in lei on the yea...
Insurance Brokerage Brings Good Profits
Insurance brokers posted an aggregated net profit of 114 million lei (EUR26 million) last year, and the margins of the 15 largest of them ranged from as low as 3% to as much as 75% of the to...
Seroussi Plants’ Revenue Up 30% Since 2008
The apparel plants of the Sudanese-born businessman Joseph Seroussi saw their revenue increase by 30% during the crisis to 130.8 million lei (EUR29.8 million) last year, while the number of...
Rapeseed Harvest Expected To Generate EUR300M Revenue
The 1 million ton rapeseed harvest, the highest in Romania’s history, will generate EUR300 million revenue in the next few months when farmers sell it to processors and traders.
20 Most Debt-Laden Malls Owe EUR2B
The 20 most debt-laden shopping centers in Romania owe EUR1.9 billion together, ten times the revenue they posted last year, due to the high loans they took out during the boom days of the l...
UTI Expects EUR130M Revenue This Year
The UTI group that operates in the field of security and defense systems, information technology and communications, installations and constructions and facility management, is aiming for EU...
ASF: Damage Claims Up 1%, Underwritten Premiums Down 3.4% In 1Q/2014
Insurance companies in Romania paid damage claims of RON1.31 billion in the first three months of 2014, up 0.93% on the year, while revenues from underwritten premiums fell 3.4% to RON2.05 b...
Google Reports To Local Authorities Only 1 In 7 Euros Collected From Romanian Companies
Google Bucharest SRL, the local subsidiary of the US online company, reported only EUR2.9 million revenue to Romania’s Finance Ministry last year, almost seven times lower than it actually c...