earnings
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Prospectiuni Switches To RON8M Loss In 1Q/2021 Vs RON9.9M Net Profit In Year-Earlier Period
Romanian oil and gas geophysical surveyor Prospectiuni Bucuresti (PRSN.RO) on Thursday reported a loss of RON8.1 million for the first quarter of 2021, from a net profit of RON9.9 million in...
Cargus Revenue Up 8% To RON494M, Investments At Nearly RON59M In 2020
Parcel delivery company Cargus reported 8% higher revenue, of RON494 million, in 2020, compared with RON454 million in 2019. The increase in revenue was triggered by the advance of online co...
Altex Turnover Grows 24% To Over EUR1B In 2020
Altex, Romania's leading electronics retailer, ended 2020 with a turnover of over RON5 billion (over EUR1 billion) after a 24% increase which was twice as fast as the growth of the entire pr...
Maschio Gaspardo’s Romanian Factory Ends 2020 With EUR44.1M Turnover, EUR2.3M Net Profit
The Romanian factory in Chisineu Cris of Italian farm machinery producer Maschio Gaspardo had a turnover of EUR44.1 million and a net profit of EUR2.3 million in 2020, per data announced by...
British American Tobacco Turnover Grows 5.8% in 2020, to RON11.3B
British American Tobacco (Romania) Trading, BAT group's biggest company locally, had a turnover of RON11.3 billion in 2020, 5.8% higher than in 2019, finance ministry data showed.
Fratelli Group Targets RON51M Turnover In 2021, Close To 2019 Level
Fratelli Group, controlled by several local entrepreneurs, targets a turnover of RON51 million for 2021, 12% lower than in 2019, the year before the outbreak of the COVID-19 pandemic.
ING Bank Romania Posts 11% Growth in Gross Profit in 1Q, to RON183M
Lender ING Bank Romania on Tuesday said its pre-tax profit grew 11% on the year in the first quarter of 2021, to RON183 million, while its revenues grew 2% in the same period, to RON544 mill...
Furniture Maker Ecolor To Invest RON28M in Boosting Capacity
Furniture manufacturer Ecolor, owned by Swedish company Gyllensvaans Möbler and general manager Carl Widell, plans to invest RON28 million in 2021 in raising production capacity and automati...
Symmetrica Doubles Profit in 2020, to RON17M
Paving stone manufacturer Symmetrica of Suceava, owned by the Stanciu family, posted a turnover of RON162.2 million in 2020, up 19% on the year, and doubled its profit to RON17.1 million, fi...