TURNOVER
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Tenaris Silcotub 2018 Turnover Up 18% YOY To $555M
Romanian steel pipes manufacturer Tenaris Silcotub registered a turnover of $555 million in 2018, up 18% versus $470 million in 2017, Tenaris Silcotub President Mihaela Popescu told an event...
Senior Software Eyes 20% Higher Turnover, Of Nearly RON29M, In 2019
Business software solutions provider Senior Software plans to boost its turnover by 20% in 2019, to nearly RON29 million. In 2018, the company’s turnover grew 28% to over RON24 million, agai...
Energy Regulator: 2% Turnover Tax To Be Used For Energy Efficiency Projects
The 2% tax on turnover which energy companies must pay to energy regulator ANRE, under emergency decree 114 of December 2018, could be used for energy efficiency projects, ANRE vice-presiden...
Romania Hotel Industry Turnover At EUR1.2B In 2018; Bucharest, Among Most Dynamic European Markets
The number of tourists in Romania grew 6.7% in 2018 and the turnover generated by the hotel industry is estimated at EUR1.2 billion, according to an analysis by real estate consulting firm C...
RE/MAX 2018 Turnover Up Nearly 50% To EUR3M, Eyes 40% Growth In 2019
Real estate agency franchise RE/MAX Romania brokered more than 2,500 transactions in 2018, in the amount of EUR155 million, which brought fees of over EUR3 million to affiliated offices, up...
Dona Group 2018 Turnover Up 11% YOY To RON985M
Dona Group, controlled by businessman Eugen Banciu, the third largest player on the local pharmaceutical retail market, reached a turnover of RON985 million in 2018, up 11% versus 2017.
Vrancart Adjud 2018 Turnover Up 13% To RON295M, Profit Down 21.4% To RON17M
Paper and cardboard maker Vrancart Adjud (VNC.RO) on Friday said its turnover grew 13% to RON294.4 million and its profit fell 21.4% to RON17.5 million year-on-year in 2018, due to expenses...
La Mama Restaurant Chain 2018 Turnover Up 6% On Year To EUR4.4M
La Mama chain, which currently operates six restaurants in Bucharest, reported a turnover of over EUR4.4 million in 2018, up nearly 6% year-on-year, and seeks to expand its restaurant chain...
Farmec Eyes 15% Higher Turnover In 2019, Works On Franchising Its Business
Farmec Cluj-Napoca, Romania’s leading cosmetics manufacturer, also active on the retail market, ended 2018 with a turnover of RON236.5 million (EUR50.8 million), up 10% year-on-year, and tar...