earnings
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Huawei Beats Apple and Samsung by No. of Wearable Gadgets Sold in Romania in 2021
US Apple and South Korea’s Samsung, two companies with high ambitions on the wearable gadget market, in 2021 suffered a surprising defeat by China’s Huawei, which managed to grab around a qu...
Germany’s Optibelt Budgets over EUR70M Turnover for Maramures Plant in 2022
Car parts producer Optibelt Power Transmission of Tautii-Magheraus locality, Maramures county, the local subsidiary of Germany’s Arntz Optibelt, projects EUR70.4 million turnover for this ye...
H&M Romanian Operations Return to Growth in 2021
Fashion retailer H&M, which owns in Romania the brand of the same name and premium brand COS, in 2021 generated turnover of almost RON850 million in Romania, up 25% from the previous year.
THR Marea Neagra Sees 2021 Turnover Double YOY
Hotel company THR Marea Neagra, which manages 11 seaside hotels and several restaurants, doubled its turnover in 2021 against 2020.
2Performant Turnover Soars 53% To RON8.4M, Loss Shrinks To RON1M YoY In 1Q/2022
2Performant (2P.RO), the main player on the Romanian affiliate marketing market, on Thursday said it registered a turnover of RON8.4 million in the first quarter of 2022, up 53% on the year,...
BRD Group’s Revenues Up 7.5% To RON810M, Net Profit Up 18% To RON263M YoY In 1Q/2022
BRD Group on Thursday said it ended the first quarter of 2022 with total revenues of RON810 million, up 7.5% on the year, and a net profit of RON263 million, up 18% from the year-earlier per...
Retailer Paco Supermarket Sees 2021 Turnover Rise by 17.6% to EUR34M
Supermarket network Paco of Vrancea, a major Romanian player in the local food retail, posted 17.6% higher turnover in 2021, to EUR34 million.
CloudHero Banks on EUR2.3M Turnover in 2022, Triple 2021 Level; Wants to Open Office in US
Romanian-held CloudHero, specialized in software development and cloud services, plans to reach EUR2.3 million turnover this year, almost triple the 2021 level, as it already has EUR1.6 mill...
Dumagas Ends 1Q/2022 with 10% Higher Turnover from Year-Earlier Period
Dumagas, one of the biggest freight carriers in Romania, controlled by investment fund Bancroft, ended the first quarter of this year with 10% higher turnover than in the year-earlier period...