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Hidroelectrica Approves Downward Revision Of 2026 S&R Budget, Profit Target Down To RON3B
Capital Market

Hidroelectrica Approves Downward Revision Of 2026 S&R Budget, Profit Target Down To RON3B

State-run Hidroelectrica (H2O.RO) shareholders approved this year’s spending and revenue budget in the meeting on October 23, confirming a 16.5% reduction in the profit target to approximately RON3 billion.

Loredana Frățilă-Cristescu · 23.10.2026 · 22:32 · 1 min
Flanco CEO: We’re Aiming For EUR1B Revenue By 2033
Retail&Consumer

Flanco CEO: We’re Aiming For EUR1B Revenue By 2033

Computer and electronics retailer Flanco, one of the largest actors in this sector by both store chain size and sales, set out to reach EUR1 billion revenue by 2033.

Loredana Frățilă-Cristescu · 07.03.2025 · 07:00 · 1 min
Salt Bank Aims To Overshoot 700,000 Customer Mark In 2025
Banks-Insurance

Salt Bank Aims To Overshoot 700,000 Customer Mark In 2025

Salt Bank, the first 100% digital Romanian bank, held by the Banca Transilvania Group, has more than 400,000 customers after ten months from its launch, and the target is to overshoot the 70...

Loredana Frățilă-Cristescu · 24.02.2025 · 19:47 · 1 min
Inter Computer Romania Achieves 2024’s EUR3M Revenue Target In Nine Months
Technology &Telecoms

Inter Computer Romania Achieves 2024’s EUR3M Revenue Target In Nine Months

Inter Computer Romania, part of Hungary's Inter Computer Group (IC Group), posted EUR3 million revenue in the first nine months of 2024, achieving its full-year target as early as in the thi...

Loredana Frățilă-Cristescu · 12.11.2024 · 20:56 · 1 min
Maspex Romania Aims For 7% Growth In Revenue In 2024
Companies

Maspex Romania Aims For 7% Growth In Revenue In 2024

Maspex Romania, a producer of beverages, snacks and foods, part of Poland’s Maspex, has budgeted 7% growth in revenue this year, after having posted 12% growth to RON1.153 billion in 2023.

Loredana Frățilă-Cristescu · 08.07.2024 · 10:02 · 1 min
Penny Market Owner Rewe Aims For EUR2B Sales In Romania
Retail&Consumer

Penny Market Owner Rewe Aims For EUR2B Sales In Romania

Germany’s Rewe Group, one of the most powerful retailers in Europe, which owns discount store chain Penny Market in Romania, is aiming for EUR2 billion sales a year on this market soon, CEO...

Loredana Frățilă-Cristescu · 14.09.2023 · 22:18 · 1 min
Agroserv Mariuta Expects to Return to Profit in 2023 after 2022 Loss
Capital Market

Agroserv Mariuta Expects to Return to Profit in 2023 after 2022 Loss

Agroserv Mariuta (MLK.RO) a local agribusiness company and the owner of the Laptaria cu Caimac brand, is aiming for RON2.1 million net profit in 2023, its spending and revenue budget shows.

Loredana Frățilă-Cristescu · 07.04.2023 · 16:59 · 1 min
Zentiva Seeks RON100M Profit and RON850M Sales in 2023
Capital Market

Zentiva Seeks RON100M Profit and RON850M Sales in 2023

Zentiva (SCD.RO), the largest pharmaceutical company listed on the Bucharest Stock Exchange, though with a low free float of merely 4%, is aiming for net sales of RON856 million and RON101.7...

Loredana Frățilă-Cristescu · 06.04.2023 · 07:00 · 1 min
Parcel Delivery Company DPD Expects at Least 20% Growth in 2021
Companies

Parcel Delivery Company DPD Expects at Least 20% Growth in 2021

Parcel delivery company Dynamic Parcel Distribution (DPD), one of the largest such companies in Romania, budgeted growth of 20% year-on-year in 2021 and so far it has met its target. However...

Loredana Frățilă-Cristescu · 19.10.2021 · 08:00 · 1 min