earnings
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Oltina Reports RON499.4M Turnover in 2020, Up 17% From 2019
Oltina Impex Prod Com, a major Romanian-owned company in the milling and bakery industry, in 2020 posted turnover worth RON499.4 million (EUR103.6 million), 17% higher than in 2019, in line...
Hervis Romania Posts RON234M Turnover in 2020, Down 7% YOY
Sporting goods retailer Hervis Romania in 2020 generated turnover worth RON234 million, 7% lower than in 2019. In 2020, non-essential physical stores shut down for several months, so that fa...
E.ON Romania Has 150 Solar Power Projects Underway
E.ON Romania, a group with a EUR1.2 billion domestic business focused on energy and natural gas distribution and supply, is involved in the development of 150 solar power projects for busine...
Dumagas Projects EUR32M Turnover in 2021 vs RON42M in 2020
Dumagas, one of the largest freight carriers in Romania, controlled by investment fund Bancroft, estimates it will end 2021 with turnover worth EUR32 million from EUR42 million last year, ac...
Paper Manufacturer Pehart Tec Saw Profit Triple in 2020, to RON79M YOY
Paper producer Pehart Tec Grup, controlled by private equity fund Abris Capital, posted net profit worth RON79.3 million (EUR16.5 million), triple the 2019 figure.
Kangoopack Turnover Surges 50% to EUR3M in 1H/2021 Vs Year-Earlier Period
Kangoopack, an Alba Iulia-based company providing integrated packaging solutions, founded and controlled by entrepreneur Mariel Petric, in the first six months of this year registered a 50%...
Paint Maker Sarcom Valcea Posts EUR2.5M Profit in 2020, Up 52% YoY
Paint and coatings manufacturer Sarcom Valcea, owned by brothers Aurel and Marinica Potop, in 2020 registered net profit worth RON12.1 million (EUR2.5 million), 52% higher year-on-year, in l...
HAVI Logistics Sees Profit Leap by 78% in 2020 to RON3.1M YOY
HAVI Logistics, a major transport and logistics firm on the Romanian market and one of the world’s biggest operators for fast food restaurant and convenience food brands, in 2020 generated n...
Holde Agri Invest Buys 230-ha Farm in Calarasi for RON2M
Holde Agri Invest (HAI.RO), a Romanian company operating farmland, announced it acquired a farm of 230 ha of land, entirely operated in a rent regime, in Calarasi county, close to its Frumus...