TURNOVER
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Meat Processor Vanbet Generated Over EUR48M in Turnover in 2020
Vaslui-based meat processor Vanbet, controlled by entrepreneur Fanel Bogos, in 2020 reached turnover worth above RON233 million (EUR48.3 million), up 6% from 2019, when the company raked in...
Liberty Galati Hits Turnover Worth RON2.4B (EUR492M) in 2Q/2021, Up 37% From 1Q/2020
Steel mill Liberty Galati, Romania’s only integrated steel producer, reported turnover worth RON2.4 billion (EUR492 million) at the end of the second quarter of this year, 37% higher than in...
Phoenicia Hotel Group, Controlled by Businessman Mohammad Murad, in 2020 Hit RON95M Turnover, Down 26%
Phoenicia hotel group, controlled by businessman Mohammad Murad, last year generated turnover worth RON95 million, 26% lower than in 2019, when the group’s turnover got close to RON130 milli...
Rolling Stock Manufacturer Astra Rail Industries Saw Turnover Drop by 7.5% in 2020, to RON675M
Astra Rail Industries, Romania’s largest rolling stock maker by turnover, for 2020 reported turnover worth RON675.6 million (over RON140 million), down 7.5% from 2019, when the company hit R...
E.ON Energie Targets 27% Higher Turnover In 2021, Above EUR1B Threshold
E.ON Energie Romania targets a turnover of RON5.35 billion (nearly EUR1.1 billion) in 2021, 27% higher than the level reported in 2020. This year’s optimistic business forecasts come after a...
Romcab Reports EUR62M Turnover in 1Q, Targets EUR240M for Full Year
Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO), recently returned to trading after being suspended since February 2017 following its insolvency, said Tuesday it had a turno...
CGS Romania: Personnel Turnover Down 20% in 2020
The year 2020 came with good things, too, one of which was the decline in personnel turnover in the local outsourcing industry, says Vladimir Sterescu, country manager of CGS Romania, a prov...
FintechOS Aims To Double Its Turnover, Expand Into Markets In U.S., Middle East, North Africa In 2021
FintechOS, which specializes in the development of digital transformation solutions for the financial industry, ended 2020 with annual recurring revenue, an important indicator for the compa...
Keysfin: Romania Private Medical Services Market Up 18% YoY To Nearly RON14B In 2019
Romania’s private medical services market reported an increase of 18% in turnover on the year to nearly RON14 billion in 2019, and a surge of nearly 330% compared with 2010, per a Keysfin su...