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Arabesque 2013 Revenue Down 3% On Year To EUR340M
Companies

Arabesque 2013 Revenue Down 3% On Year To EUR340M

Romanian construction material distributor Arabesque held by businessman Cezar Rapotan posted revenue of EUR340 million on its home market last year, 3% lower from 2012, while its net profit...

Loredana Frățilă-Cristescu · 15.05.2014 · 07:34 · 1 min
How Google Explains Low Revenue In Romania
Technology &Telecoms

How Google Explains Low Revenue In Romania

The difference between lower revenue reported by Google on several European markets, including Romania, and the amounts paid by companies in those countries, according to advertising agencie...

Loredana Frățilă-Cristescu · 13.05.2014 · 18:00 · 3 min
Dacia Overtakes Petrom With Almost EUR4.2B Revenue in 2013
Companies

Dacia Overtakes Petrom With Almost EUR4.2B Revenue in 2013

Automobile Dacia posted 18.4 billion lei (EUR4.15 billion) revenue in 2013, an increase of 45% on 2012 and the best result ever for the automaker in Mioveni, southern Romania, which saw a re...

Loredana Frățilă-Cristescu · 13.05.2014 · 00:25 · 2 min
Ikea Becomes Highest-Grossing Restaurant In Romania
Retail&Consumer

Ikea Becomes Highest-Grossing Restaurant In Romania

Ikea Food, the division that includes the restaurant, the bistro and Swedish deli operating inside the company’s store in Baneasa, northern Bucharest, ended fiscal 2013 with almost 33 millio...

Loredana Frățilă-Cristescu · 13.05.2014 · 00:17 · 1 min
Orsova Shipyard Switches To Profit In 1Q/2014
Automotive

Orsova Shipyard Switches To Profit In 1Q/2014

Romanian shipyard Santierul Naval Orsova (SNO.RO) Monday said it registered profit of nearly 1.2 million (EUR263,000) in the first quarter of 2014, compared to loss of RON2.3 million in the...

Ecaterina Craciun · 12.05.2014 · 13:16 · 1 min
Online Computer And Electronics Retailer Cel.ro Expects EUR40M Sales In 2014
Technology &Telecoms

Online Computer And Electronics Retailer Cel.ro Expects EUR40M Sales In 2014

Corsar Online, the company behind cel.ro, one of the largest computer and electronics retailers in Romania, expects a 60% surge in sales to EUR40 million this year, after adding mandatory ca...

Loredana Frățilă-Cristescu · 12.05.2014 · 07:28 · 1 min
Mega Image Joins Major League With Over EUR500M Revenue
Retail&Consumer

Mega Image Joins Major League With Over EUR500M Revenue

Belgian-held retailer Mega Image ended last year with about EUR530 million revenue in Romania, an increase of almost 35% on 2012.

Loredana Frățilă-Cristescu · 12.05.2014 · 01:02 · 1 min
Cigarette Manufacturer BAT Sees EUR90M Profit In 2013
Retail&Consumer

Cigarette Manufacturer BAT Sees EUR90M Profit In 2013

British American Tobacco (BAT), the maker of the Kent cigarettes, posted EUR90 million net profit last year, slightly up on 2012, which means each of its 300 employees generated EUR300,000 n...

Loredana Frățilă-Cristescu · 08.05.2014 · 00:00 · 1 min
MOL Headed To Over EUR1B Revenue In Romania After Buying Gas Stations From ENI
Energy

MOL Headed To Over EUR1B Revenue In Romania After Buying Gas Stations From ENI

The takeover of the ENI (Agip) gas stations in central Europe will take Hungarian oil and gas group MOL’s revenue on the Romanian market to more than one billion euros. The takeover, however...

Loredana Frățilă-Cristescu · 08.05.2014 · 00:00 · 1 min