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Construction Material Maker Macofil Targu Jiu Ends H1 with RON4.9M Profit
Capital Market

Construction Material Maker Macofil Targu Jiu Ends H1 with RON4.9M Profit

Construction material manufacturer Macofil Targu Jiu (MACO.RO), a company with a market capitalization of RON45 million, ended the first half with RON4.9 million net profit and RON26.6 milli...

Loredana Frățilă-Cristescu · 10.08.2021 · 11:56 · 1 min
COFCO Sees Five-Fold Profit Rise in 2020
Companies

COFCO Sees Five-Fold Profit Rise in 2020

Grain trader COFCO International Romania (formerly Nidera), part of China’s largest agri-food group COFCO, posted its highest profit ever, almost RON60 million, in 2020, five times higher th...

Loredana Frățilă-Cristescu · 10.08.2021 · 11:18 · 1 min
Tea Maker Fares Almost Doubles Profit in 2020
Companies

Tea Maker Fares Almost Doubles Profit in 2020

Romanian-held Laboratoarele Fares Bio Vital, posted almost RON102.7 million (EUR21.3 million) revenue in 2020, an increase of 25% year-on-year from the RON81.9 million (EUR17.3 million) of 2...

Loredana Frățilă-Cristescu · 06.08.2021 · 09:00 · 1 min
Cersanit Headcount Down by 100 in 2020, Revenue Up 8% to RON177M
Companies

Cersanit Headcount Down by 100 in 2020, Revenue Up 8% to RON177M

Sanitary ware manufacturer Cersanit Romania, held by Poland’s Rovese group, ended last year with 603 employees, 117 fewer than in 2019, Finance Ministry data show.

Loredana Frățilă-Cristescu · 05.08.2021 · 09:00 · 1 min
Damen Galati Shipyard Posts 70% Higher Revenue in 2020
Companies

Damen Galati Shipyard Posts 70% Higher Revenue in 2020

Damen Galati shipyard, one of the largest in Romania, posted 70% higher revenue year-on-year, RON806 million in 2020, Finance Ministry data show.

Loredana Frățilă-Cristescu · 05.08.2021 · 09:00 · 1 min
Rasnov Dino Parc Hit RON5.4m Revenue in 1H, 2021, Almost Flat on 1H, 2019
Companies

Rasnov Dino Parc Hit RON5.4m Revenue in 1H, 2021, Almost Flat on 1H, 2019

Dino Parc of Rasnov, the largest dinosaur themed park in south-eastern Europe, generated revenue worth RON5.4 million in the first half of 2021, close to the level in the first half of 2019,...

Loredana Frățilă-Cristescu · 03.08.2021 · 16:25 · 1 min
Romania’s Top 20 Builders Post RON657M Profit in 2020
Companies

Romania’s Top 20 Builders Post RON657M Profit in 2020

Romania’s 20 largest builders posted RON657 million profit together last year, almost double the 2019 level, ZF has found from the data centralized for the 2021 edition of the “Cei mai mari...

Loredana Frățilă-Cristescu · 30.07.2021 · 09:00 · 1 min
Romania’s VAT Collections Hit Record High, Of RON36B, In 1H/2021
Macroeconomics

Romania’s VAT Collections Hit Record High, Of RON36B, In 1H/2021

Romania’s value-added tax (VAT) collections stood at RON36 billion in the first half of 2021, a record high in nominal terms, according to the budget execution released by the finance minist...

Ecaterina Craciun · 29.07.2021 · 17:45 · 1 min
Dalli Detergent Plant in Timisoara Sees EUR90M Revenue in 2020
Companies

Dalli Detergent Plant in Timisoara Sees EUR90M Revenue in 2020

Dalli Production Romania, the local subsidiary of Germany’s Dalli group, which owns a detergent plant in Timisoara, posted more than RON434.3 million (more than EUR90 million) revenue in 202...

Loredana Frățilă-Cristescu · 29.07.2021 · 09:00 · 1 min