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Budget Revenue Growth Slows Down in Jan-Nov
Macroeconomics

Budget Revenue Growth Slows Down in Jan-Nov

The consolidated budget revenue growth slowed down in November, the budget execution report of the Finance Ministry shows.

Loredana Frățilă-Cristescu · 27.12.2022 · 18:09 · 1 min
DHL to End 2022 with 20% Growth in Revenue
Companies

DHL to End 2022 with 20% Growth in Revenue

DHL, one of the largest actors in the courier service market, will end the year with a rise of 20% in revenue compared with last year, when its revenue stood at RON417 million, Finance Minis...

Loredana Frățilă-Cristescu · 19.12.2022 · 23:12 · 1 min
UiPath Sees 19% Increase in Q3 Revenue to $262.7M
Technology &Telecoms

UiPath Sees 19% Increase in Q3 Revenue to $262.7M

UiPath (NYSE: PATH), the first Romanian company listed on Wall Street, announced $262.7 million revenue in the third quarter of its 2023 fiscal year ended October 31, a 19% increase year-ove...

Loredana Frățilă-Cristescu · 02.12.2022 · 13:44 · 1 min
Builder Fapaco Revenue Rises 36% to RON161M in 2021
Companies

Builder Fapaco Revenue Rises 36% to RON161M in 2021

Fapaco, a Bucharest-based construction company owned by the Fleancu family, increased its revenue by 36% to RON160.9 million in 2021, which makes it one of the fastest-growing businesses yea...

Loredana Frățilă-Cristescu · 30.11.2022 · 00:00 · 1 min
Apex Alliance Expects EUR25M-EUR30M Revenue from Hotels in Romania
Companies

Apex Alliance Expects EUR25M-EUR30M Revenue from Hotels in Romania

Lithuania’s Apex Alliance Group, which owns several hotels in Romania, expects to end 2022 with EUR25 million to EUR30 million revenue, its officials say.

Loredana Frățilă-Cristescu · 28.11.2022 · 22:56 · 1 min
Romania VAT Revenue Up Only 3% in October, Much Lower Than Inflation Rate
Macroeconomics

Romania VAT Revenue Up Only 3% in October, Much Lower Than Inflation Rate

VAT revenue, the second most important resource of the state budget and a barometer for consumer spending increased by 3% in October 2022 compared with October 2021, according to the budget...

Loredana Frățilă-Cristescu · 28.11.2022 · 22:11 · 1 min
Prospectiuni Bucuresti Goes from Loss to RON9.5M Profit in Jan-Sep
Capital Market

Prospectiuni Bucuresti Goes from Loss to RON9.5M Profit in Jan-Sep

Prospectiuni Bucuresti (PRSN.RO), a geological prospecting company owned by businessman Ovidiu Tender, announced a net profit of RON9.5 million in January-September 2022, compared with a RON...

Loredana Frățilă-Cristescu · 25.11.2022 · 17:15 · 1 min
Builder Conim Partners Revenue Rises 40% to RON161M in 2021
Companies

Builder Conim Partners Revenue Rises 40% to RON161M in 2021

Builder Conim Partners (Arges County) saw its revenue increase 40% in 2021 compared with the previous year, which made it one of the construction companies with the highest growth year on ye...

Loredana Frățilă-Cristescu · 25.11.2022 · 00:00 · 1 min
Rompetrol Rafinare Posts Almost $5B Revenue in Jan-Sep 2022
Capital Market

Rompetrol Rafinare Posts Almost $5B Revenue in Jan-Sep 2022

Rompetrol Rafinare (RRC), which operates the Petromidia Navodari and Vega Ploiesti refineries, posted gross revenue of $4.87 billion in January-September 2022, 48.5% above the previous year'...

Loredana Frățilă-Cristescu · 15.11.2022 · 20:47 · 1 min