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MedLife Micromedica Set to Open EUR1.8M Clinic in Bacau
Health

MedLife Micromedica Set to Open EUR1.8M Clinic in Bacau

Micromedica, set up in 1995 and taken over in 2019 by MedLife, the biggest player on Romania’s private healthcare market, plans to open a clinic in Bacau this year.

Roxana Petrescu · 23.06.2022 · 09:40 · 1 min
Furniture Maker Iris Service Ciuc Doubles Its Net Profit YoY To RON13.5M In 2021
Companies

Furniture Maker Iris Service Ciuc Doubles Its Net Profit YoY To RON13.5M In 2021

Romanian furniture manufacturer Iris Service Ciuc, held by entrepreneur Negru Petru, on Wednesday said it ended 2021 with a turnover of RON143.8 million (EUR29.2 million), up 48% from RON97....

Ecaterina Craciun · 22.06.2022 · 21:04 · 1 min
Romania SME Guarantee Fund Reports 7% Higher Net Profit, Of RON34.5M, For 1Q/2022
Companies

Romania SME Guarantee Fund Reports 7% Higher Net Profit, Of RON34.5M, For 1Q/2022

Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON34.5 million in the first quarter of 2022, up 7% on the year and...

Ecaterina Craciun · 22.06.2022 · 20:03 · 1 min
OMV Petrom Board Oks Share Capital Increase By Maximum Value of RON585M Up To RON6.2B
Energy

OMV Petrom Board Oks Share Capital Increase By Maximum Value of RON585M Up To RON6.2B

OMV Petrom (SNP.RO), Romania’s only oil and gas producer, on Wednesday said that, based on the authorization received from the Extraordinary General Meeting of Shareholders dated April 27, 2...

Cristina Bellu · 22.06.2022 · 10:36 · 2 min
Cargus Eyes 20% Increase In Delivered Volumes In 2022
Companies

Cargus Eyes 20% Increase In Delivered Volumes In 2022

Cargus, one of the largest players in the courier industry in Romania, ended 2021 with a turnover of RON450 million, down almost 9% from 2020, and had a constant level of the volumes deliver...

Ecaterina Craciun · 21.06.2022 · 19:32 · 2 min
Smart Diesel Arad 2021 Turnover Tops RON1.5B, Up 6% YOY
Companies

Smart Diesel Arad 2021 Turnover Tops RON1.5B, Up 6% YOY

Arad-based Smart Diesel, founded by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre and taken over in late 2020 by Germany’s DKV, for 2021 reported turnover worth RON1.571 billion (EU...

Laurentiu Cotu · 21.06.2022 · 10:46 · 1 min
Alka Aims for RON329.8M Turnover in 2022, Up 17% from 2021
Companies

Alka Aims for RON329.8M Turnover in 2022, Up 17% from 2021

Alka Trading Co, the biggest company part of Alka group, a producer of croissants, biscuits and wafers, has budgeted RON329.8 million turnover for 2022, up 17% from the previous year.

Mădălina Dediu Panaete · 21.06.2022 · 10:38 · 1 min
Furniture Manufacturer ADA Sees 2021 Turnover Rise by 13.5% in 2021, To Over RON108M
Companies

Furniture Manufacturer ADA Sees 2021 Turnover Rise by 13.5% in 2021, To Over RON108M

ADA Fabrica de Mobila, one of the ten largest furniture producers in Romania, for 2021 reported turnover worth around RON208.3 million (EUR42.3 million), up 13.5% on the year, in line with Z...

Laurentiu Cotu · 21.06.2022 · 10:17 · 1 min
Europharm Holding Hits RON778M Turnover in 2021, Up 12.4% YOY
Companies

Europharm Holding Hits RON778M Turnover in 2021, Up 12.4% YOY

Pharmaceutical wholesaler Europharm Holding, a major player on Romania’s market, for 2021 reported turnover worth RON778.4 million (EUR158.2 million), up 12.4% from the previous year, in lin...

Laurentiu Cotu · 21.06.2022 · 10:10 · 1 min