earnings
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Coindu Romania Turnover Drops 28% YoY To RON359.1M In 2020
Car parts manufacturer Coindu Romania, part of Portuguese Coindu Group, reported a turnover of RON359.1 million (EUR74.5 million) for 2020, down 28% from nearly RON503.2 million (EUR106.1 mi...
Metaplast Turnover Drops 31% YoY To RON245M In 2020
Metaplast, which manufactures plastic parts and accessories for the automotive industry, reported a turnover of RON245.8 million (some EUR51 million) for 2020, down 31% from 2019, per calcul...
Romcim: 1H/2021 Sales, Operating Profit In Romania Exceed Previous Year's Levels
Cement manufacturer Romcim (the former CRH Ciment) registered higher revenue and operating profit in Romania, in the first half of 2021, compared with the same period in 2020.
Agroland Agribusiness Net Profit Skyrockets 142% YoY To RON795,116 In 1H/2021
Agricultural company Agroland Agribusiness (AAB.RO), part of Agroland Group, on Friday said its turnover grew 33.4% on the year to RON13.3 million in the first half of 2021, and its net prof...
US Giant Whirlpool Bets On Rising Sales in Romania
US giant Whirlpool, a major player on the global electrical home appliances market, does not plan to open a plant in Romania, where it holds only import and distribution operations, but bets...
HeidelbergCement Romania Sells Lower Volumes of Cement, Aggregates, Concrete YoY in 1H/2021
German-held cement producer HeidelbergCement, owning three plants in Romania, registered slightly lower revenues in the first half of 2021 against the same period of 2020 from sales of cemen...
Tyre Distributor Dinamic 92 Distribution Saw Profit Rise by 32% YoY to RON11.4M in 2020
Tyre distributor Dinamic 92 Distribution, controlled by Tofan family of Piatra Neamt, for 2020 reported turnover worth RON286.5 million (EUR59.5 million), slightly higher on the year, and ne...
First Bank Posts 2.5-Fold Jump In 1H Net Profit To RON54M
Lender First Bank (the former Piraeus Bank), held by US investment fund J.C. Flowers, on Wednesday reported a net profit of RON54 million for the first half of 2021, 2.5-fold higher on the y...
UiPath Reports 60% Surge In ARR YoY To $726M At End-July 2021
UiPath, the most valuable company to emerge from the Romanian IT industry, on Wednesday announced financial results for its second quarter fiscal 2022 ended July 31, 2021, reporting a 60% ye...