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Arctic Headed Towards EUR300 Million Revenue
Retail&Consumer

Arctic Headed Towards EUR300 Million Revenue

Arctic, the largest local home appliances producer might end the year with EUR300 million sales, if the growth pace of the first half maintains in the second semester.

Cristina Roșca · 20.07.2012 · 00:00 · 2 min
Air France-KLM Official: Our Planes Are Full This Summer
Automotive

Air France-KLM Official: Our Planes Are Full This Summer

Alexandru Dobrescu, general manager of the Romanian subsidiary of Air France-KLM, one of the largest traditional airlines, said this year’s target is to increase revenues by 8% after a 10% r...

Mirabela Tiron · 19.07.2012 · 00:00 · 2 min
McDonald’s Business At Four-Year Low
Retail&Consumer

McDonald’s Business At Four-Year Low

McDonald’s, the largest competitor on the local restaurant market, posted EUR93.9 million revenue in 2011, down 5.5% on 2010 and almost 15% on 2008, its best year on the Romanian market.

Cristina Roșca · 16.07.2012 · 00:00 · 1 min
Oil Companies’ Revenue Rose In 2011 Due To 25% Higher Prices On A Nearly Frozen Market
Energy

Oil Companies’ Revenue Rose In 2011 Due To 25% Higher Prices On A Nearly Frozen Market

Oil companies saw a new year of growth in 2011, mainly due to significant price hikes despite the fact that the Romanian market continued to be affected by low purchasing power.

Ecaterina Craciun · 02.07.2012 · 00:00 · 3 min
ArcelorMittal Galati Struggling To Sell As Much As It Used To In 2008
Companies

ArcelorMittal Galati Struggling To Sell As Much As It Used To In 2008

The management of the largest plant in Romania, ArcelorMittal Galati, whose annual revenue stands at about EUR1 billion, said it needs to make steady efforts to sell less than half of the pr...

Adrian Cojocar · 25.06.2012 · 00:00 · 2 min
Exports Generate EUR87M In Revenue For Egger
Companies

Exports Generate EUR87M In Revenue For Egger

Egger Romania, one of the largest companies on the local wood processing market, posted 553.57 million lei (EUR130 million) in revenue last year, up almost 30% on the RON431.25 million in 20...

Ioana David · 12.06.2012 · 00:00 · 1 min
Companies

Romstrade Plans To Double Revenue This Year

Romanian construction company Romstrade, controlled by businessman Nelu Iordache, has budgeted 140% growth of its revenue to some 1.25 billion lei (approximately EUR290 million) for this yea...

Radu Bostan · 05.06.2012 · 00:00 · 1 min
Drought Helps Thermal Power Plants Post Record Revenue
Energy

Drought Helps Thermal Power Plants Post Record Revenue

Romanian thermal power producer Turceni, Rovinari and Craiova ended last year with record revenue, as the drought that hurt Hidroelectrica was a real boost for the business of the three plan...

Roxana Petrescu · 04.06.2012 · 00:00 · 2 min
Tinmar-Ind Posts Over EUR320M In Revenue In 2011, Prepares EUR100M Worth Of Solar Power Projects
Energy

Tinmar-Ind Posts Over EUR320M In Revenue In 2011, Prepares EUR100M Worth Of Solar Power Projects

Tinmar-Ind, an energy trader controlled by businessman Augustin Oancea, almost doubled its revenue last year, to more than EUR324 million.

Roxana Petrescu · 04.06.2012 · 00:00 · 4 min