REVENUE
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Builder Arcada Company Triples Profit in 2020
Builder Arcada Company almost tripled profit from the RON41.1 million of 2019 to RON110.6 milion in 2020, Finance Ministry data show.
Italsofa Exported RON236M Worth of Furniture in 2021
Armchair and sofa manufacturer Italsofa Romania, subsidiary of Italy’s Natuzzi group, made 98% of its revenue from exports last year.
Construction Material Manufacturer Baumit Romania Revenue Up 12% to RON335M in 2020
Mortar, paint and base coat manufacturer Baumit, held by Austria’s Schmid Industrie Holding, saw its revenue increase 12% to RON335 million in 2020, Finance Ministry data show. The profit st...
Pandemic Caused 30% Decline in Food and Drink Service Sector Revenue in 2020
The restaurant, cafe and bar market reached RON13.2 billion at the end of 2020, 30% lower than in 2019. These are the first official data about the impact of the pandemic on the bar and rest...
Window and Door Solution Manufacturer Rehau Revenue Up 14% in Q1
Window and door solutions manufacturer Rehau posted growth of 14% in sales in the first quarter of 2021 and intends to keep the same growth rate for the rest of the year.
Tire Maker Michelin Revenue Shrinks 9% in Romania in 2020
Michelin Romania, part of France’s Michelin group, one of the largest tire markers in the world, posted RON3.18 billion (EUR660.3 million) revenue in 2020, a decline of more than 9% from the...
Mazars Romania Revenue Rises 25% to RON43.7M in 2020
Audit, tax and advisory services company Mazars Romania posted RON43.7 million revenue last year, an increase of 25% year-on-year from the RON34.9 million of 2019, the company said in a repl...
Grain Trader Ameropa Grains Revenue Shrinks 19% to RON3B in 2020
Ameropa Grains, one of the largest grain traders in Romania, posted RON3 billion revenue in 2020, down 19% on the previous year, ZF has calculated from the data the company supplied.
Ten Largest Companies to Go Insolvent in 2021 Posted Almost RON2B Revenue Last Year
The ten largest companies in Romania to go insolvent in 2021 posted almost RON2 billion revenue last year and four of them even made profit.