REVENUE
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Perla Majestic Group Expects 8% Higher Revenue From In 2012
Lebanese-born businessman Mohammad Murad, the chairman of the Perla Majestic tourism group, says he expects his hotels to generate EUR20 million this year, up 8% on 2011.
Top Ten Private Universities Make EUR121 Million Revenue A Year
An analysis of the balance sheets of Romania’s ten largest private universities shows that they made EUR121 million in revenue from the tuition and other fees paid by their students.
Finance Ministry: Budget Revenue Down To 32.3% Of GDP
The share of budget revenues in the gross domestic product has been adjusted as part of the budget revision from 33.9% to 32.3%, according to information sent by the Finance Ministry.
Iproeb Bistrita Revenues Drop 20% In 1H To RON45.7M, Net Profit Fells Ten Times
Romanian cable maker Iproeb Bistrita (IPRU.RO) said Monday its revenues dropped 20% in the first semester, to 45.7 million lei (EUR10.2 million) from RON57.6 million in the similar interval...
IT Solutions Provider Wizrom 1H Revenue Up 7.6% On Year, At EUR3.2M
Romanian Wizrom group, provider of integrated software solutions for business management, on Wednesday reported a 7.6% increase in revenue on year to EUR3.23 million in the first half of 201...
UNIQA Asigurari's Portfolio Shrunk 8.6% In 2011, RCA Segment Down By Half
The portfolio of Romanian insurer UNIQA Asigurari included 551,244 contracts at the end of 2011, down 8.6% on 2010, as the number of auto civil liability policies (RCA) halved to 187,752.
Kiabi To Close All Its Stores By End-August
French retailer Kiabi will leave Romania by the end of the month, after closing the six stores in has in Bucharest (4), Constanta and Cluj.
AFI Palace Cotroceni Head Says Mall Still Far From Reaching Peak Traffic And Revenue Potential
The sales of stores in shopping center AFI Palace Cotroceni in Bucharest, owned by AFI Europe, rose by 9% in the first half to EUR91 million. Calculated in lei, the sales of the mall went up...
Dascalu Collects EUR1 From Tenants For Every Person Going Into Iulius Malls
Businessman Iulian Dascalu, the biggest owner of shopping centers on the Romanian market, collected revenue of EUR20 million in the first six months of the year from rent at his Iulius Malls...