REVENUE
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Cismigiu Hotel Budgets 3% Growth In 2024
The four-star Cismigiu Hotel in Bucharest, one of landmark buildings of the city, held by Spain’s Hercesa, has budgeted for 3% higher revenue for 2024, up from EUR1.9 million in 2023, which...
Pipe Maker TehnoWorld Sees Revenue Up 5% To RON434.4M In 2023
TehnoWorld, a Suceava-based company that manufactures polyethylene pipes, increased its revenue by 5% to RON434.4 million in 2023 compared with the previous year, latest data available on th...
Sheraton Hotel In Bucharest Expects Revenue To Increase 10% To 15% In 2024
The five-star, 270-room Sheraton Hotel in Bucharest expects revenue to increase 10% to 15% in 2024 compared with 2023, when the results were close to the 2019 level, a reference year in tour...
MedLife Budgets RON2.6B Revenue In 2024
MedLife (M.RO), the largest private medical operator in Romania, has outlined its main directions for 2024 and wants to achieve a consolidated revenue target of more than RON2.6 billion, up...
Electrical Equipment Distributor Promelek XXI Posts EUR44M Revenue In 2023
Electrical equipment distributor Promelek XXI in Cluj-Napoca, part of the Spanish group Elektra, posted about EUR44 million revenue for 2023, up 10% compared with the previous year, when its...
Ambulance Maker Deltamed Sees 88% YoY Increase In Revenue To EUR36M In 2023
Cluj-based Ambulance and special vehicle maker Deltamed ended 2023 with about EUR36 million revenue, an increase of 88% on the previous year, as a result of higher number of projects and a f...
Electromagnetica Slips Into The Red In 2023 With RON32M Loss
Electricity and electrical equipment producer Electromagnetica (ELMA.RO) made a net loss of RON31.7 million for 2023, from a profit of RON23 million in 2022, the company said in a report to...
Aerostar Bacau Profit Up 3% To RON93M In 2023
Aerostar Bacau (ARS.RO), a supplier of aerostructures, components, assemblies for hydraulic systems for global manufacturing programs, posted RON93 million net profit in 2023, 3% higher than...
Transilvania Broker De Asigurare Ends 2023 With RON7.6M Net Profit
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, ended 2023 with a net profit of RON7.6 million, down 34.3% compared with 2022, on operating revenu...