REVENUE
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Cosmote Posts Revenues Of EUR116M And Pre-Tax Profit Of EUR33M In 3Q
Mobile operator Cosmote Romania had revenues of EUR116 million in the third quarter of 2013, slightly down from the same period last year, and it’s EBITDA declined 3.5%, to EUR33 million, du...
EXCLUSIVE: Romania Lowers Revenue Cap For Micro-Enterprises Exempt From Profit Tax As of 2014
The Romanian government will lower the revenue cap on micro-enterprises from EUR65,000 to around EUR50,000 (RON220,000) to get more firms into the tier of businesses that pay taxes on profit...
Aerostar 9-Month Operating Revenue Slightly Down To RON150M
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) registered operating revenue of 150.3 million lei (EUR36.8 million) in the first nine months of 2013, slightly lower fr...
Romania Got Just 25-30% Of Estimated Revenue From Additional Tax On Gas Producers
Romania has collected only 25-30% of what it estimated at the beginning of the year it would get from companies gaining additional revenue from the liberalization of gas prices, Finance Mini...
SIF Crisana-Banat Revenues Halve To RON68.8M In January-September
Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) Wednesday reported revenues of 68.83 million lei (EUR15.6 million) for the first nine months of 2013, down 51.4% from RON141.74...
Romania Posts Budget Deficit Of 1.3% Of GDP In January-September
Romania’s consolidated budget posted a deficit of 8.1 billion lei (EUR1.81 billion) in the first nine months of 2013, equal to 1.3% of the gross domestic product, Finance Ministry data showe...
Local Entrepreneurs Challenge Big Retail Pharmacy Chains
There are tens, “maybe even more than a hundred” regional retail pharmacy networks with at least five pharmacies in Romania, says Robert Popescu, chairman of the Association of Pharmaceutica...
Carrier Dunca Expeditii Expects 10% Revenue Growth, Lower Profit In 2013
Dunca Expeditii, one of the largest trucking companies in Romania, will end the year with EUR36 million revenue, up 10% on 2012, while net profit would be lower because of the fuel price hik...
OPSPI Sharply Revises Down 2013 Privatization Revenue Forecast
Romania’s state assets privatization office OPSPI sharply revised down its estimate on this year’s revenue from privatizations to 448.8 million lei (EUR101.3 million), from RON1.86 billion p...