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Sipex Company Ends Q1, 2024 With RON1.1M Loss And 10% Growth In Revenue To RON69.3M
Capital Market

Sipex Company Ends Q1, 2024 With RON1.1M Loss And 10% Growth In Revenue To RON69.3M

SIPEX (SPX.RO), one of the largest distributors of building materials and finishes in Romania, with 27 years in business on this segment, posted RON69.3 million revenue in the first quarter...

Loredana Frățilă-Cristescu · 14.05.2024 · 21:44 · 1 min
Grand Hotel Italia In Cluj Expects Growth In Revenue To RON40M In 2024
Companies

Grand Hotel Italia In Cluj Expects Growth In Revenue To RON40M In 2024

Five-star Grand Hotel Italia in Cluj, part of the Italian Select Hotels Group chain, is aiming for RON40 million revenue in 2024, up from RON35 million in 2023, following the opening its spa...

Loredana Frățilă-Cristescu · 13.05.2024 · 22:33 · 1 min
Lensa Revenue Up 54% To More Than RON207M In 2023
Companies

Lensa Revenue Up 54% To More Than RON207M In 2023

Lensa, one of the most important players in the Romanian eyewear market, recorded last year revenues of more than RON207 million, up 54%, and reached a network of 81 stores, after opening 47...

Loredana Frățilă-Cristescu · 08.05.2024 · 21:56 · 1 min
AAylex ONE Cuts Losses Down To Half In 2023
Companies

AAylex ONE Cuts Losses Down To Half In 2023

AAylex ONE of Buzau, the company behind the Cocorico poultry brand, posted RON43 million net loss in 2023, 60% lower than in 2022, Finance Ministry data show.

Loredana Frățilă-Cristescu · 07.05.2024 · 22:30 · 1 min
Chimcomplex Expects RON80.5M Net Profit And RON1.7 Operating Revenue In 2024
Capital Market

Chimcomplex Expects RON80.5M Net Profit And RON1.7 Operating Revenue In 2024

Chemicals producer and supplier Chimcomplex Borzesti (CRC.RO) has budgeted RON80.5 million net profit for 2024, up 7.3% compared with last year, when it shrank from RON266 million to RON75 m...

Loredana Frățilă-Cristescu · 30.04.2024 · 22:52 · 1 min
Baneasa Shopping City Generates 60% Profit Margin In 2023
Retail&Consumer

Baneasa Shopping City Generates 60% Profit Margin In 2023

Baneasa Developments, the company that manages the Baneasa Shopping City mall in the northern part of Bucharest, has reached a record profit margin of more than 60% after ending 2023 with a...

Loredana Frățilă-Cristescu · 30.04.2024 · 07:00 · 1 min
Teilor Holding Ends 2023 With 11% Growth In Revenue To RON413M
Companies

Teilor Holding Ends 2023 With 11% Growth In Revenue To RON413M

Teilor Holding SA, a group of companies that includes the Teilor luxury jewelry chain, the non-bank financial company Invest Intermed GF IFN, Invest Intermed Gold, a company that sells gold...

Loredana Frățilă-Cristescu · 29.04.2024 · 23:31 · 1 min
Builder Autotehnorom Revenue Shrinks 25.5% To RON200.9M In 2023
Companies

Builder Autotehnorom Revenue Shrinks 25.5% To RON200.9M In 2023

Autotehnorom, a construction company in Suceava owned by the Ripan family, posted about RON200.9 million (EUR40.6 million) revenue in 2023, down 25.5% from the previous year’s RON270 million...

Loredana Frățilă-Cristescu · 25.04.2024 · 22:53 · 1 min
Romanian Restaurant Chain Spartan Ends 2023 With EUR48M Revenue
Retail&Consumer

Romanian Restaurant Chain Spartan Ends 2023 With EUR48M Revenue

Romanian restaurant chain Spartan posted EUR48 million revenue in 2023 and plans to expand with up to 50 locations in the near future, even abroad.

Loredana Frățilă-Cristescu · 24.04.2024 · 14:49 · 1 min