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Antibiotice Iasi Aims for EUR1B Turnover by 2030
Companies

Antibiotice Iasi Aims for EUR1B Turnover by 2030

Antibiotice Iasi, the biggest local Romanian-held drug maker, targets RON1 billion turnover by 2030, in line with its multi-annual plan, with half of this sum due to be generated by exports.

Mirabela Tiron · 10.03.2022 · 09:53 · 1 min
Simtel Team Ends 2021 with RON6M Profit, Up 55% YOY
Companies

Simtel Team Ends 2021 with RON6M Profit, Up 55% YOY

Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, reported RON58.7 million operating revenue in 2021, up 40% on the year,...

Cristina Bellu · 09.03.2022 · 11:05 · 1 min
MedLife 2021 Turnover Up 33% to RON1.4B YOY
Health

MedLife 2021 Turnover Up 33% to RON1.4B YOY

Private healthcare operator MedLife reported RON1.4 billion turnover in 2021, up 33% against the previous year.

Georgiana Mihalache · 09.03.2022 · 10:40 · 1 min
Vienna Insurance Group Ends 2021 With Profit Before Tax Of EUR511M, Up Over 47% Vs 2020
Banks-Insurance

Vienna Insurance Group Ends 2021 With Profit Before Tax Of EUR511M, Up Over 47% Vs 2020

Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, on Tuesday said it ended 2021 with profit before tax of EUR511.3 million, higher by...

Ecaterina Craciun · 08.03.2022 · 12:35 · 1 min
Tema Energy Wants to Boost Turnover by 10%-15% Annually in Next 5-10 Years
Technology &Telecoms

Tema Energy Wants to Boost Turnover by 10%-15% Annually in Next 5-10 Years

Tema Energy, a provider of technology for data centers, wants to increase its turnover by 10%-15% annually in the next five-ten years.

Alexandra Cepăreanu · 08.03.2022 · 10:50 · 1 min
Ivatherm Finds New Partners in Iraq and UAE
Companies

Ivatherm Finds New Partners in Iraq and UAE

Romanian dermocosmetics producer Ivatherm has found new partners in Iraq and UAE amid the war in Ukraine.

Cristina Roșca · 08.03.2022 · 09:29 · 1 min
Meda Prod 98 2021 Turnover Up 9% in 2021 to RON236M YOY
Companies

Meda Prod 98 2021 Turnover Up 9% in 2021 to RON236M YOY

Cold cuts producer Meda Prod 98, one of the largest on the local market, ended 2021 with RON236 million turnover, from RON217 million in 2020, according to the company’s officials.

Mirabela Tiron · 07.03.2022 · 11:00 · 1 min
Proinvest Group Aims to Invest EUR10-12M in 2022
Companies

Proinvest Group Aims to Invest EUR10-12M in 2022

Proinvest Group, a company specialized in steel products, has a EUR10-12 million investment budget for 2022, part of a long-term growth plan that started in 2021 and involves EUR100 million...

Alina-Elena Vasiliu · 07.03.2022 · 10:47 · 1 min
Medsana Set to Open New Medical Imaging Clinic in Northern Bucharest in EUR2.1M Investment
Health

Medsana Set to Open New Medical Imaging Clinic in Northern Bucharest in EUR2.1M Investment

Vassilis Chaniotis, general manager of private healthcare operator Medsana, says the company will open the new Medsana center in Bucharest at end-2022, with the investment carried out so far...

Mirabela Tiron · 07.03.2022 · 10:35 · 1 min