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Ericsson’s Romanian Division Reports Net Profit Of Nearly RON22M For 2021, Up 45% YoY
Technology &Telecoms

Ericsson’s Romanian Division Reports Net Profit Of Nearly RON22M For 2021, Up 45% YoY

The Romanian subsidiary of Sweden’s Ericsson, one of the world’s biggest suppliers of equipment, software and services for telecom operators, had a net profit of RON21.7 million in 2021, up...

Ecaterina Craciun · 27.06.2022 · 13:20 · 1 min
Photosetup Turnover Soars 63% In 2021, Overshoots RON12M Mark
Retail&Consumer

Photosetup Turnover Soars 63% In 2021, Overshoots RON12M Mark

Simus Trading, the company operating photo and video equipment store Photosetup, saw its turnover surging by 63% in 2021 to RON12.1 million, in line with finance ministry data.

Ecaterina Craciun · 27.06.2022 · 12:03 · 1 min
Latvia’s ELKO Reports Record Turnover Of $105M In Romania In 2021
Technology &Telecoms

Latvia’s ELKO Reports Record Turnover Of $105M In Romania In 2021

ELKO Romania, a company member of Latvia’s ELKO Group, one of the largest regional wholesalers of IT and consumer electronics products, had a turnover of $105 million in 2021, up 28% from 20...

Ecaterina Craciun · 24.06.2022 · 17:11 · 1 min
Burger King Romania’s Turnover More Than Doubles YoY To RON54M In 2021
Retail&Consumer

Burger King Romania’s Turnover More Than Doubles YoY To RON54M In 2021

US Burger King group, one of the most famous fast-food chains in the world, reported a turnover of RON54 million in 2021 in Romania, more than double the level reported in 2020.

Ecaterina Craciun · 24.06.2022 · 11:49 · 1 min
Raffaello Shoes Factory Sees Net Profit Growing Tenfold In 2021 To Over RON7M
Retail&Consumer

Raffaello Shoes Factory Sees Net Profit Growing Tenfold In 2021 To Over RON7M

Raffaello Shoes Factory, the largest footwear manufacturer in Romania, held by Italy’s Grisport, reported for 2021 a net profit of nearly RON7.3 million (EUR1.5 million), tenfold higher than...

Ecaterina Craciun · 23.06.2022 · 21:27 · 1 min
France’s Lagardère Travel Retail Plans to Open 30 New Stores in Romania By Yearend
Companies

France’s Lagardère Travel Retail Plans to Open 30 New Stores in Romania By Yearend

French group Lagardère, present in Romania via Travel Retail, Lagardère Travel Retail, active in the travel retail sector, plans to open 30 new spaces in Romania by the end of this year, mai...

Alina-Elena Vasiliu · 23.06.2022 · 11:37 · 1 min
Apcom Distribution, Sole Apple Authorized Distributor in Romania, Sees Turnover Boom in 2021
Technology &Telecoms

Apcom Distribution, Sole Apple Authorized Distributor in Romania, Sees Turnover Boom in 2021

One of the oldest companies present on Romania’s IT market, Apcom IT Distribution, previously operating under the name of IRIS, which stands out on the market by being the sole authorized di...

Adrian Seceleanu · 23.06.2022 · 10:26 · 1 min
Albalact 2021 Turnover Up 11% To RON848M YOY
Companies

Albalact 2021 Turnover Up 11% To RON848M YOY

Albalact, the largest company in Romania’s dairy sector and part of Lactalis Romania group, in 2021 reached RON848.7 million turnover, up 11% year-on-year.

Mădălina Dediu Panaete · 23.06.2022 · 09:58 · 1 min
Four-Star Nyota Hotel of Mamaia Projects 10% Turnover Growth in 2022
Companies

Four-Star Nyota Hotel of Mamaia Projects 10% Turnover Growth in 2022

Four-star Nyota Hotel & Conference Center of Mamaia, with a capacity of 73 accommodation places, has budgeted 10% higher turnover for this year.

Mirabela Tiron · 23.06.2022 · 09:51 · 1 min