REVENUE
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Biodegradable Packaging Maker UrsPack Expects Revenue to Double in 2023
UrsPack, a manufacturer of biodegradable packaging for the hotel, restaurant and catering industry, has invested in process automation and expects revenue to double in 2023 from the around E...
East Group Overshoots RON1B Consolidated Revenue Mark in 2022
East Group (Cluj County), controlled by several entrepreneurs from Romania and Hungary, ended 2022 with consolidated revenue of RON1.063 billion (EUR215.7 million). Grain trader East Grain,...
Optibelt Power Transmission Budgets 22% Growth in Revenue to EUR91M for 2023
Automotive components manufacturer Optibelt Power Transmission in Tautii-Magheraus, Maramures County, the local subsidiary of the German group Arntz Optibelt, estimates about RON448.2 millio...
Builder Concelex Expects Significant Rise in Revenue in 2023
Builder Concelex focused on organizational and operational development, digitalization and team expansion in 2022, and its revenue stood at more than RON500 million, up from the previous yea...
Insurance Brokerage Market Sees 23% Growth to RON1.48B in Jan-Sep 2022
The insurance brokerage market recorded a 23% increase in revenue from insurance distribution to over RON1.48 billion at the end of the first nine months of 2022, about RON1.35 billion of wh...
Rolling Stock Maker Astra Vagoane Calatori Expects More Than RON400M Revenue in 2023
Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, ended last year with RON233 million revenue and expects to double this figur...
Winemaker Cramele Recas Ends 2022 with EUR60M Revenue
Winemaker Cramele Recas, one of the largest players in the Romanian wine market, ended 2022 with an increase of about 10% in volume, thus reaching its growth target of about 20% in value, wh...
Kastamonu Romania Ends 2022 with EUR174M Revenue
Kastamonu Romania (formerly Prolemn), held by Turkey’s Kastamonu Entegre, posted about EUR174 million revenue in 2022, up 2.65% on the previous year, according to ZF calculations based on da...
Dumagas Steps into the Black in 2022
Dumagas, one of the largest freight forwarders in Romania, controlled by the Bancroft private equity firm, ended last year with EUR37 million in revenue and in the black, after making a loss...