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Smithfield Romania Turnover Up 5% YoY To RON1.3B In 2020
Companies

Smithfield Romania Turnover Up 5% YoY To RON1.3B In 2020

Smithfield Romania, the largest actor on the pork market in the country, ended 2020 with a turnover of RON1.3 billion, up 5% on the year, per calculations by Ziarul Financiar (ZF) based on d...

Ecaterina Craciun · 19.05.2021 · 18:50 · 1 min
VIG Underwritings in Romania Grow 16% in 1Q, to EUR146.2M
Companies

VIG Underwritings in Romania Grow 16% in 1Q, to EUR146.2M

Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, reported gross underwritings of EUR146.2 million on the local market in the f...

Oana Gavrila · 19.05.2021 · 10:59 · 1 min
Lasselsberger Ceramics Romania Doubles Profit in 2020
Companies

Lasselsberger Ceramics Romania Doubles Profit in 2020

Lasselsberger Ceramics Romania, a local ceramic tile producer and owner of the Cesarom brand, posted 10% growth in turnover in 2020 and its profit doubled.

Oana Gavrila · 19.05.2021 · 10:45 · 1 min
Teleperformance Romania Targets Investments Of RON3.6M In 2021
Technology &Telecoms

Teleperformance Romania Targets Investments Of RON3.6M In 2021

Outsourcing services company Teleperformance Romania has earmarked an investment budget of RON3.6 million for 2021, 14% higher than the investment budget of over RON3.14 million for 2020, wh...

Ecaterina Craciun · 18.05.2021 · 22:18 · 1 min
Grup Feroviar Roman, Part Of Grampet Group, Ends 2020 With 5% Lower Turnover, Of RON692M
Companies

Grup Feroviar Roman, Part Of Grampet Group, Ends 2020 With 5% Lower Turnover, Of RON692M

Railway freight transporter Grup Feroviar Roman (GFR), the main company of freight railway group Grampet and the largest private railway operator in Romania, registered a turnover of RON692...

Ecaterina Craciun · 18.05.2021 · 20:27 · 1 min
Romcab Switches To RON6.1M Net Profit In 1Q/2021 Vs RON11.4M Loss In Year-Earlier Period
Companies

Romcab Switches To RON6.1M Net Profit In 1Q/2021 Vs RON11.4M Loss In Year-Earlier Period

Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO) registered a net profit of RON6.1 million in the first quarter of 2021, compared with a loss of RON11.4 million in the same p...

Ecaterina Craciun · 18.05.2021 · 20:05 · 1 min
Patria Bank Switches to Profit in 1Q/2021 from 1Q/2020 Loss
Banks-Insurance

Patria Bank Switches to Profit in 1Q/2021 from 1Q/2020 Loss

Lender Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), on Tuesday reported a net profit of RON453,000 for the first quarter of 2021, from a loss of R...

Oana Gavrila · 18.05.2021 · 14:28 · 1 min
Vodafone Romania Revenue Drops 1.5% in 2020/2021 FY, to EUR801M
Technology &Telecoms

Vodafone Romania Revenue Drops 1.5% in 2020/2021 FY, to EUR801M

Telecom operator Vodafone Romania on Tuesday reported total services revenue of EUR801 million for the fiscal year 2020/2021 ended March 31, 1.5% lower compared with the previous fiscal year...

Oana Gavrila · 18.05.2021 · 12:16 · 1 min
Pirelli Tyres Romania Turnover Drops Nearly 9% YoY To RON2.53B In 2020
Automotive

Pirelli Tyres Romania Turnover Drops Nearly 9% YoY To RON2.53B In 2020

Pirelli Tyres Romania, the local subsidiary of Italian giant Pirelli, on Monday reported a turnover of RON2.53 billion (EUR525.7 million) for 2020, down nearly 9% on the year, per calculatio...

Ecaterina Craciun · 17.05.2021 · 20:59 · 1 min