earnings
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International Lazar Targets 20% Higher Turnover By Yearend
International Lazar, specialized in freight transportation, controlled by entrepreneur Ion Lazar, aims to generate 20% higher turnover by yearend, from the RON203.6 million (EUR42 million) l...
FAN Courier 1H/2022 Turnover Edges Up by 4-6% Vs 1H/2021
FAN Courier, leader of Romania’s courier services market, a company founded in 1998 by Felix Patrascanu, Adrian Mihai and Neculai Mihai, with RON1 billion turnover in 2021, ended the first h...
Banca Comerciala Romana Net Profit Up 51% YoY To RON1.04B In 1H/2022
Lender Banca Comerciala Romana (BCR) in the first half of this year posted net profit worth RON1.04 billion (EUR210.7 million), up 50.9% from the RON690.8 million (EUR140.9 million) reported...
Bega Turism Sees 1H/2022 Figures Match 1H/2019 Ones
Bega Turism, the biggest tourism company in Timis county, controlled by Cristescu brothers, in the first six months of this year generated results similar with those of the first half of 201...
Brico Depot Plans to Broaden Product Range, Invest Further in Online Platform in Romania
DIY network Brico Depot, with 35 stores on the Romanian market, wants to expand the range of products it sells in Romania and continue investments in the online platform.
Bucharest’s Hotel Cismigiu Heads Toward EUR1.45M Turnover in 2022
The four-star Cismigiu hotel of Bucharest, one of the city’s landmark buildings, controlled by Spain’s Hercesa, expects to reach EUR1.45 million turnover by yearend, 80% of the benchmark 201...
Grocery Retailer Annabella Wants to Step Up Expansion in Late 2022
Alexandru Soacate, deputy CEO of retailer Annabella, says the company has opened two units so far in 2022, but it wants to step up the pace and reach 10-15 opened units by yearend.
Infopress Group Set to Invest RON10M in 2022
Infopress Group, one of the largest private players on Romania’s printing house market, controlled by Spanish private equity fund GED, has budgeted RON10 million investments for 2022.
Germany’s Kromberg & Schubert Seeks to Hire 100 People at Nadab Plant
German-held car parts supplier Kromberg & Schubert currently has 100 jobs available at its plant of Nadab, located around 40 km away from Arad county.