REVENUES
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Compania Hoteliera Intercontinental Romania Expects 60% Lower Revenues in 2021 from 2019
Compania Hoteliera Intercontinental, the company managing Bucharest’s five-star hotel of the same name, ended 2020 with 80% lower revenues on the year and for this year forecasts a 60% drop...
Turbomecanica Revenue Drops 3% To RON52M, Net Profit Shrinks To RON863,128 1H/2021
Turbomecanica (TBM.RO), Romania’s only maker of turbojet parts and mechanical assemblies for aircraft, in the first six months of this year generated revenues of RON52 million, 3% lower than...
Medicover Revenues in Romania Grow 7.5% in 2020, to EUR128M
Swedish-held private medical service provider Medicover, present in Romania through Medicover clinics and the Synevo laboratory division, on Monday reported consolidated revenues of EUR128 m...
Vitacom Electronics Posts RON60M Turnover in 2020, Expects 10% Growth in 2021
Cluj-based importer and distributor of electronic products and accessories Vitacom Electronics registered a turnover of RON50 million in 2020 Vitacom Electronics, a quarter of which from onl...
Orange Consolidated Turnover Tops RON6B in 2019, Profit Doubles to RON358M
The consolidated turnover of France's telecom group Orange in Romania stood at over RON6 billion in 2019, up 1% on the year, while its consolidated net profit nearly doubled to RON358 millio...
FinMin: Wages, Pensions, Investments Jeopardized by Low Tax Collection
All budget spending, including pensions public sector wages and investments will depend on revenue collection, Romanian finance minister Florin Citu told TV station Realitatea Plus in an int...
Orange Posts EUR1.1B Turnover in 2019
Telecom operator Orange Romania posted a turnover of EUR1.112 billion in 2019, 1.2% lower compared with 2018, the company said Thursday.
Diamedix Turnover Grows 10% in 2019, to EUR31.7M
Diagnostic solutions supplier Diamedix, owned by Spanish equity fund GED Capital, posted a turnover of EUR31.7 million in Romania in 2019, up 10% on the year, and expects 8-9% growth in 2020...
Impact Developer & Contractor 1H Revenues From Sale Of Realty Properties Soar 90% To RON79.5M
Real estate developer Impact Developer & Contractor (IMP.RO) ended the first half of 2019 with revenues of RON79.5 million from the sale of real estate properties, up 90% from the same perio...