REVENUES
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One United Properties Sees Revenues Soar by 105% to RON1.1B in 2021 YOY
Real estate developer One United Properties reported revenues worth RON1.1 billion in 2021, up 105%, and net profit of RON506 million, from RON176 million in 2020.
Iproeb Bistrita 2021 Operating Revenue Up 52% to RON158M YOY
Romanian cable maker Iproeb Bistrita ended last year with operating revenue worth RON158 million, up from RON104 million in 2020.
Antibiotice Iasi Eyes RON448M Revenues and RON32M Net Profit in 2022
Antibiotice Iasi (ATB.RO), the biggest local Romanian-held drug producer, projects total revenues worth RON448 million in 2022, up 15% on the year and net profit of RON32 million, 6% higher...
Romania’s Tourism Sector Hit $1.1B Revenues in 2021
Romania’s tourism sector in 2021 generated revenues worth $1.1 billion, with the biggest receipts recorded by operators that sold holiday packages, namely travel agencies, and by hotel owner...
BCR 2022 Budget: 7.7% Higher Revenues, around 11% Lending and Profit Growth
BCR, the second biggest bank in Romania by assets, expects operating revenues, profit and assets to increase in 2022, amid stronger lending.
Rin Grand Hotel Shuts Down for Tourists, Set to be Converted into Apartments
Rin Grand Hotel, the hotel of southern Bucharest, a EUR60 million investments, which stirred controversies at its launch in 2017, when the “biggest hotel of Europe” was announced, closed dow...
Romania, Among Countries Where Poland’s Solaris May Build Production Units
Solaris plants are located in Poland, but the company, one of the largest public transportation electric vehicle manufacturers, considers developing new production units and Romania is on th...
Patria Bank Hits RON7.2M Net Profit in Jan-Sept 2021, Up 20% from Year-Earlier Period
Patria Bank ended the first nine months of 2021 with net profit worth RON7.2 million, up 20% from the same period of 2020, mainly supported by the favorable trend of operating revenues and t...
Intesa Sanpaolo Romania Revenues Go Down 5.2% in First 9 Months of 2021, to EUR29M, From Year-Earlier Period
Intesa Sanpaolo Romania, the domestic subsidiary of the Italian bank of the same name, for the first nine months of 2021 reported revenues worth EUR29 million, down 5.2% against the same per...