earnings
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Simba Invest 2022 Turnover Up 16% To RON666.7M
Bacau-based Simba Invest, a major consumer goods wholesaler in Romania, in 2022 generated turnover worth around RON666.7 million (EUR135.2 million), up 16% from the previous year, in line wi...
TeraSteel Wants to Near RON400M Turnover in 2023; Budgets RON50M Investment
TeraSteel, a company part of Irish group Kingspan, aims to reach RON396 million turnover in 2023, up 4% from last year.
Diverta Bookstore Chain Projects 25% Turnover Growth in 2023
Augustin Dragan, owner of Diverta bookstore chain, expects a 25% turnover increase this year, but final results will also depend on the school season.
Bucharest’s Hotel Cismigiu Sees Revenues Rise 15% in 1H/2023 from 1H/2019
Bucharest’s four-star hotel Cismigiu, one of the city’s monument buildings, controlled by Spain’s Hercesa, ended the first half of this year with 15% higher revenues than in the first six mo...
Albalact Crosses RON1B Mark in Turnover in 2022
Albalact, part of French group Lactalis, has become the first billionaire company in Romania’s dairy market.
COFCO International Romania Rakes in All-Time High RON122M Profit in 2022
COFCO International, a company owned by Chinese investors and formerly known as Nidera, switched from RON68 million losses in 2021 to RON122 million profit in 2022. Moreover, this profit is...
Ericsson Romanian Unit Posts 12% Turnover Growth in 2022
The local subsidiary of Swedish company Ericsson, a major global supplier of equipment, software and services for telecom operators, in 2022 registered RON32 million net profit, up 48% from...
Rehau Ends 2022 with 12% Higher Turnover, at RON282M
Germany’s Rehau Group, a provider of solutions for windows, building and furniture and automotive, in 2022 posted turnover worth RON282 million, up 12% from 2021. The almost RON30 million pr...
Paint Manufacturer Sentosa Sees 2022 Turnover Inch Up to RON76M
Sentosa Impex, a paint manufacturer of Salaj county owned by Boca family, saw its turnover go up by only RON1 million in 2022, to RON76 million, while profit dropped by 4%.