earnings
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Cold Cuts Maker Elit Rakes In RON60M Net Profit in 2021, 9% Higher YOY
Elit, one of Romania’s biggest cold cuts producers, for 2021 reported net profit worth almost RON60 million (EUR12.2 million), up 9% on the year.
Car Battery Maker Rombat Bistrita 2021 Turnover Nears EUR100M
Bistrita-based car battery maker Rombat, controlled by South Africa’s Metair, for 2021 reported turnover of RON488.6 million (EUR99.3 million), up 23.6% year-on-year, in line with ZF calcula...
Holmbergs Expects 10-15% Higher Turnover in Romania in 2022
Doina Cepalis, Te-Rox Prod founder and a board member at Holmbergs, which now owns the Pascani-based company, says local turnover will range between 10% and 15% this year, with growth set to...
Workspace Studio Hits EUR6M Turnover in 1H/2022, Up 20%; Aims for EUR11M By Yearend
Workspace Studio, a company specialized in fitout solutions and office furniture oriented towards human–centered ergonomic design, registered EUR6 million turnover in the first six months of...
International Lazar 2021 Turnover Up 45% to EUR42M YOY
International Lazar, specialized in freight transportation, controlled by entrepreneur Ion Lazar, ended 2021 with total turnover worth RON203.6 million (EUR42 million), from RON140.6 million...
Global Grain International Ends 2021 with RON2.4B Turnover, 9 Times Higher YOY
Grain trader Global Grain International, which also operates the vegetal oil plant Ultex of Tandarei, Ialomita county, in 2021 generated turnover worth RON2.4 billion, nine times bigger than...
Symmetrica 1H 2022 Turnover Up 20% Vs Year-Earlier Period
Suceava-based paving stone manufacturer Symmetrica reported 20% higher turnover for the first half of 2022, as prices of raw materials went up by as much as 30%.
Cisco Reports 3% Lower 2021 Turnover in Romania
Cisco Systems Romania, the local subsidiary of the US giant of the same name, reported turnover worth RON69 million (EUR14 million) in 2021, down 3% from the previous year.
Hervis Romania Retrofits Stores, Set to Open Unit in Slatina
Hervis, a major player in sporting goods retail, with a network of around 40 units, has refurbished two stores since the start of 2022 and is remodeling a third one. The company is also due...