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Largest Insolvency Firms In Romania Posted Over RON100M Revenue In 2012
Companies

Largest Insolvency Firms In Romania Posted Over RON100M Revenue In 2012

In almost five years of decline for the local business sector the likes of which it has not seen in decades, a new kind of consultants has established itself on the market.

Manuela Panescu · 28.03.2013 · 00:00 · 2 min
Cismigiu Hotel On Track To Reach Yearly Target
Real Estate

Cismigiu Hotel On Track To Reach Yearly Target

Cismigiu Hotel in Bucharest, a 1912 landmark building of the city, is on schedule with its revenue target for the year, general manager Georgeta Grecu says.

Tudor Ioana Raluca · 28.03.2013 · 00:00 · 1 min
Euroweb Romania Eyes 10% Higher Revenue In 2013, From EUR8.2M In 2012
Technology &Telecoms

Euroweb Romania Eyes 10% Higher Revenue In 2013, From EUR8.2M In 2012

Telecom operator Euroweb Romania estimates a 6% to 10% increase in revenue in 2013 from EUR8.2 million in 2012, the company’s general manager Stuart Evers said Wednesday.

Ecaterina Craciun · 27.03.2013 · 13:46 · 1 min
CFR Eyes RON50M Extra Revenue By Capitalizing On Assets, Scrap Metal
Automotive

CFR Eyes RON50M Extra Revenue By Capitalizing On Assets, Scrap Metal

Romania’s state-owned railway company CFR on Friday said it plans to obtain extra revenue of over 50 million lei (EUR11.3 million) this year by capitalizing on its assets and selling scrap m...

Ecaterina Craciun · 22.03.2013 · 12:33 · 1 min
UNIQA Asigurari's 2012 Loss Narrowed 74% To RON19.2M
Banks-Insurance

UNIQA Asigurari's 2012 Loss Narrowed 74% To RON19.2M

Romanian insurer UNIQA Asigurari on Wednesday said its loss narrowed 74% to 19.2 million lei (EUR4.3 million) in 2012, but revenue from underwritten premiums rose 32% to RON504.9 million, wh...

Ecaterina Craciun · 20.03.2013 · 12:35 · 1 min
Former Banker Earns EUR1 Million From Two Subway Restaurants
Retail&Consumer

Former Banker Earns EUR1 Million From Two Subway Restaurants

A Romanian entrepreneur who had worked in the banking industry for more than two decades expects revenues of about EUR1 million from the two Subway restaurants he got a franchise for with a...

Tudor Ioana Raluca · 27.02.2013 · 00:00 · 1 min
Orange CEO: As Revenues Decline, Company Must Boost Efficiency
Technology &Telecoms

Orange CEO: As Revenues Decline, Company Must Boost Efficiency

Orange improved its financial results every month in 2012 and the upward trend will continue in 2013, but as long as revenues decline, the company needs to find ways to increase efficiency,...

Ecaterina Craciun · 25.02.2013 · 00:00 · 3 min
Berroeta, Vodafone: Most of Revenue Decline Was Due to Termination Rate Cuts
Technology &Telecoms

Berroeta, Vodafone: Most of Revenue Decline Was Due to Termination Rate Cuts

The reduction of mobile termination rates in 2012 by almost 40% against the preceding year weighed heavily on the financial results of telecom operators, Vodafone Romania chief executive tol...

Neagu Bogdan Mircea · 13.02.2013 · 12:18 · 2 min
Medicover Expects Hospital Revenue To Double In 2013
Companies

Medicover Expects Hospital Revenue To Double In 2013

Medicover, one of the largest operators in the private medical service business expects revenue for its hospital in Bucharest to “at least” double this year compared with 11.7 million (EUR2....

Manuela Panescu · 29.01.2013 · 00:00 · 1 min