earnings
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Purcari Wineries Rakes in RON81.6M Revenues in Q1/2024, Up 11%, Net Profit Drops 15% To RON10.8M
Wine maker Purcari Wineries in the first three months 2024 generated RON81.6 million revenues, up 11%, while net profit shrank by 15% to RON10.8 million amid a high base of the same period o...
Transgaz Q1/2024 Net Profit Doubles To RON262M from Q1/2023
Romania’s state-run natural gas transmission company Transgaz in the first quarter of 2024 posted consolidated operating revenue from the balancing and construction activity, according to IF...
Telecom Operator Digi Reports EUR26M Net Profit in Q1/2024 amid EUR445M Sales
Telecom operator Digi reported EUR25.6 million net profit in the first quarter of 2024, against EUR10.8 million in Q1/2023, while sales climbed to EUR445 mllion.
Sphera Franchise Group Net Profit Triples To RON21M in Q1/2024
Sphere Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, in the first quarter of 2024 posted the best Q1 profit in the group’s history, of RON21 mil...
Alu Menziken Sees 2023 Profit Rise 46.5% in 2023, to over RON62M
Alu Menziken, a company part of Montana group founded by Austrian entrepreneur Michael Tojner, for 2023 reported turnover worth RON477.6 million (EUR96.6 million), down 6.7% from 2022.
Eco Clean Ends Q1/2024 with 5% Lower Turnover on Retail Segment
Bucharest-based Eco Clean, a business founded in 2000 by two Romanian entrepreneurs, which owns 12 green laundries and cleaners, ended the first quarter of this year with 5% lower turnover o...
Promateris Switches To RON10.6M Net Profit In Q1/2024 vs Nearly RON920,000 Loss In Q1/2023
Biodegradable and compostable packaging manufacturer Promateris (PPL.RO) ended the first quarter of 2024 with net profit of RON10.6 million, compared to loss of nearly RON920,000 in the same...
Alro Slatina's Net Loss Shrinks To RON15M In Q1/2024 vs RON52M In Q1/2023
Aluminum producer Alro Slatina (ALR.RO) reported net loss of RON14.8 million for the first quarter of 2024, compared to a negative result of RON52.4 million in the same period of 2023, as pe...
Turbomecanica Switches To RON1.3M Profit In Q1/2024 vs RON33,000 Loss In Q1/2023
Turbomecanica, a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, reported net profit of RON1.3 million for the first quarter of 2024, compared to loss of RO...