earnings
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Luzan Logistic Goes Beyond RON1B Revenue Threshold in 2021
Luzan Logistic, a major player on Romania’s distribution market, last year went beyond the RON1 billion mark in terms of revenues, up 17% on the year.
Safetech Innovations’ Turnover Spikes 56% To RON23M, Net Profit Soars 100% To RON6.1M In 2021
Romanian cybersecurity company SafeTech Innovations (SAFE.RO), listed on the AeRO market of the Bucharest Stock Exchange, ended 2021 with a turnover of nearly RON23 million, up 56% from 2020...
Footwear Retailer Benvenuti Hits EUR25M Turnover in 2021, up 26% YOY
Footwear retailer Benvenuti, controlled by local entrepreneur Dan Pavel, for 2021 reported turnover worth RON123.4 million (EUR25 million), up 26% year-on-year.
Packaging Maker Electric Targets EUR13M Turnover in 2022
Focsani-based packaging producer Electric, owned by Buzaianu family, ended 2021 with EUR9 million turnover and for 2022 targets EUR13 million, according to the company’s officials.
Softronic Expects EUR30M Turnover in 2022
Craiova-based Softronic, Eastern Europe’s only factory producing electric frames and locomotives, ended 2021 with turnover worth EUR25-26 million and for 2022 expects to reach EUR30 million...
Prada Buys 20% in Romanian Factory
Luxury giant Prada has become the sole owner of Hipic Prod Impex footwear plant of Sibiu, Romania, after buying the 20% stake from local entrepreneur Andreea Sabau.
High-Tech Systems & Software Eyes Over EUR33M Turnover In 2022, Up 20% YoY
High-Tech Systems & Software (Htss), specialized in providing business software services, ended 2021 with a turnover of EUR27.7 million, up nearly 15% on the year, and targets over EUR33 mil...
Allianz Group Ends 2021 With Total Revenue Of EUR148.5B, Up 5.7% Vs 2020
Allianz Group, present on the Romanian market through insurance company Allianz-Țiriac, ended 2021 with total revenue of EUR148.5 billion, up 5.7% on the year, reaching an operating profit o...
Agroland Agribusiness 2021 Net Profit Soars by 77% to RON2.2M YOY
Agroland Agribusiness (AAB.RO), specialized in the sale of inputs for organic and conventional farming, part of Agroland group, for 2021 reported operating revenues worth RON32.3 million, up...