REVENUE
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Romtelecom 2Q Revenues Down 4.9% On Year, To EUR148.7M
Romanian telecom operator Romtelecom reported a 4.9% decline in revenues on the year to EUR148.7 million in the second quarter of 2013, while its EBITDA (earnings before interest, tax, depre...
UPC Romania 1H Revenue Slightly Up To Some $70M
Cable television operator UPC Romania reported a 4% increase in revenue to $68.9 million on the year in the first half of 2013, due to a slight advance in the number of subscriptions to 1.75...
Gothaer Asigurari Underwrote Premiums Of About RON28M In 1H
Romanian insurer Gothaer Asigurari (former Platinum) said Tuesday it underwrote premiums of 27.9 million lei (EUR6.3 million) in the first half of 2013, up 92% on the year.
Top 15 Telecom Retailers See Revenue Down 10% To EUR174M
Only seven of the 15 largest telecom retailers posted net profit and revenue growth last year, according to their 2012 filings with the Finance Ministry.
Philips Romania Sees EUR117M Revenue In 2012
Philips, which has an espresso machine plant and retail operations in Romania, posted EUR117 million revenue in this country in 2012, down about 5% year-on-year, according to Trade Registry...
Betty Ice Saw Revenues Of EUR20M In 2012
The 2013 sales of Romania’s largest ice cream producer Betty Ice will depend, as usual, on the weather, after last year they grew in single digits, says owner Vasile Armenean.
Ten Largest Oil Companies In Romania See Revenues Up EUR1B In 2012
The revenues of the 10 largest oil companies in Romania rose by over EUR1 billion last year to almost EUR14 billion, on a market where fuel demand fell by around 2%-3%.
Grup Servicii Petroliere Expects EUR300M Revenue In 2013
Grup Servicii Petroliere, the flagship company of the Upetrom group, made 143.5 million (EUR32 million) net profit in 2012, compared with RON307.3 million loss in 2011, and 2% higher revenue...
Agrana’s Romanian Profit 42 Times Lower Than In 2011
Sugar processor Agrana Romania (BETA.RO), ended last year with revenue of EUR275 million and net profit of merely EUR0.5 million, 42 times lower than in 2011, a record year for the agricultu...