earnings
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OMV Petrom Headed Towards RON10B Profit and RON50B Turnover, But High Prices Start Destroying Demand
With RON4.6 billion net profit and RON26 billion sales, OMV Petrom, the biggest company listed on the Bucharest Stock Exchange, had a 1H/2022 more profitable that 2020 and 2021 put together...
Orange Romania Group Reports Consolidated Turnover Of EUR766M For 1H/2022, Up 44% YoY
Orange Romania Group had a consolidated turnover of EUR766 million in the first half of 2022, up 44% from EUR532 million in the same period of 2021, the company said in its financial report.
Petrom 2Q/2022 Profit Soars 66% to Almost RON3B vs 1Q/2022
OMV Petrom (SNP.RO), the biggest company listed on the Bucharest Stock Exchange, for 2Q/2022 reported net profit worth RON2.89 billion, up 65.7% from the previous quarter and more than seven...
Pentalog Romania 2021 Net Profit Rises 6% To over EUR3M
Pentalog Romania, a French-owned provider of software development and consultancy services, present in Romania for over two decades, in 2021 saw net profit go up by over 16% in 2021, year-on...
Carturesti Has EUR1M Expansion Budget in 2022
Serban Radu, one of the two stakeholders in bookstore chain Carturesti, says the company has an almost EUR1 million budget for expansion.
Gedeon Richter 2021 Sales in Romania Up 13% to RON226M
Pharmacy network Gedeon Richter, part of Hungary’s pharmaceutical group of the same name, ended 2021 with turnover of above RON226 million, 13% higher than in the previous year.
Theta Furniture&More Set to Invest in Photovoltaic Panels to Cover 60% of Paulesti Plant Energy Needs
Theta Furniture&More, one of the largest players in the interior design and custom furniture market in Romania, is readying a photovoltaic panel investment project in a bid to cover around 6...
5 To Go Set to End 2022 with EUR25M Turnover, Double 2021 Level
Coffee shop chain 5 to go, which has reached 400 units, will end 2022 with EUR25 million, according to its founder, Radu Savopol. The 2022 figure is almost double the 2021 level.
Furniture Maker Polipol 2021 Turnover Up 13% to Almost RON185M YOY
Upholstered furniture producer Polipol Mobile of Foieni, Satu Mare, owned by the German group of the same name, for 2021 reported turnover worth around RON185 million (EUR37.6 million), 13%...