earnings
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Farmacia Tei Goes to Brasov and Iasi in 2022; Set to Open 4 New Stores in Bucharest
Tei pharmacy chain, one of Romania’s most dynamic businesses, controlled by entrepreneur Roxana Maftei, is readying four new store openings in Bucharest, but is also set to expand to Brasov...
Ikea Goes Beyond RON1B Turnover Mark in Romania; Builds Third Store Domestically
Furniture retailer Ikea, present with two stores in Romania, went beyond the RON1 billion turnover mark domestically in the financial year ended on August 31, 2020, according to the group’s...
FAN Courier Expects RON1.1B Revenues in 2021
FAN Courier, Romania’s leading courier services company, expects to generate RON1.1 billion revenues this year as in the first nine months volumes rose by 10% against the year-earlier period...
Renaissance Public Service Sees Turnover Drop by 25% to RON323M YOY in 2020
Chiajna-based Renaissance Public Service, the only Romanian-held TV set manufacturer, posteda turnover worth RON323 million in 2020, down 25% from 2019. Its profit rose, however, to over RON...
Visual Fan Stakeholders Clear Share Capital Hike by 5 Free Shares per Owned Share
The management board of Visual Fan (ALW.RO), the company that owns electronic devices brand Allview, approved the company’s share capital raise by RON550,000, via the issue of 5,555,500 new...
AROBS Transilvania Eyes Stock Market Listing by Yearend
AROBS Transilvania Software, a Romanian IT company controlled by entrepreneur Voicu Oprean of Cluj, announced it plans to list on the AeRO market of the Bucharest Stock Exchange (BSE).
DGH Log & Sped Sees Turnover Rise by 18% in 2021
DGH Log & Sped forwarding company, one of the biggest domestically, posted two-digit turnover growth in the first nine months of this year and estimates it will end 2021 with an increase of...
Cigarette Wholesaler Punctual Comimpex Turnover Up 24% to RON396.6M in 1H/2021
Cluj-Napoca-based cigarette wholesaler Punctual Comimpex, owned by entrepreneur Vasile Muresan, in the first half of this year posted turnover worth RON396.6 million (EUR80.1 million), up 24...
Tarom Now Operates at Half the Level of Same Period of 2019
Romanian state-owned airline Tarom in this period operates at half the capacity registered in the same period of 2019, according to its representatives. Low demand comes amid as Romania is c...