earnings
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Inditex Boasts Record High EUR75M Gross Profit in Romania in 2022
Spanish group Inditex, a major global fashion player, owning brands such as Zara and Massimo Dutti, in 2022 generated EUR75 million gross profit in Romania, up 13.6% from 2021 and more than...
Germany’s Optibelt Budgets EUR11.7M Investments in 2023 at Maramures Plant
Car parts producer Optibelt Power Transmission, the local subsidiary of German group Arntz Optobelt, has for 2023 budgeted investments worth EUR11.7 million to develop the conveyor belt plan...
Credit Europe Bank Romania Ends 2022 with RON34.5M Net Profit, Down from RON70M in 2021
Credit Europe Bank Romania in 2022 generated net profit worth RON34.5 million, down from RON70 million in 2021, amid ongoing digitalization investments.
Prevent 2022 Turnover Up 50% To RON2.4M
Prevent brand, which includes a clinic in Alba Iulia and one in Turda, reached RON2.4 million turnover in 2022, up 50% from 2021.
BVB Aims for RON18M Profit, RON46.2M Operating Revenues in 2023
For 2023, the Bucharest Stock Exchange has budgeted RON18 million net profit at individual level, 63% above 2022 figure, in line with the company’s business and budget plan. Also, BVB aims t...
Symmetrica Ends 2022 With RON210M Turnover, Up 16% YoY
Suceava-based paving stone manufacturer Symmetrica, owned by Stanciu family, ended 2022 with a turnover of RON210 million (some EUR42.5 million), compared to RON180 million (nearly EUR36 mil...
TotalSoft Reports Turnover Of Over EUR31M For 2022, Up 26% YoY
TotalSoft, one of Romania’s biggest software producers, ended 2022 with a turnover of over EUR31 million, up over 26% from 2021, company representatives said in a statement.
International Lazar 2022 Turnover Hits EUR41.2M, Slightly Down from 2021
International Lazar, a company specializing in freight transportation, controlled by entrepreneur Ion Lazar, in 2022 generated EUR41.2 million turnover, slightly below the EUR42 million leve...
City Grill Saw Revenues Rise by 53% in First Two Months of 2023 vs 2019
Dragos Petrescu, founder of restaurant chain City Grill, says the first two months of this year brought the group a 53% revenue increase from the same period of 2019, the last year before th...