earnings
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Elefant.ro 2019 Turnover Grows 26% To RON170M, Net Loss Shrinks 11% To RON19M
Elefant Online, which operates online retailer elefant.ro, one of the largest online stores on the local market, reported a turnover of RON170 million (EUR35.8 million) in 2019, up 26% from...
Media Group Pro TV Revenue Down 12% To $76M, Operating Profit Down 20% To $33M YoY In 1H/2020
Media group PRO TV reported revenue of $76.7 million in the first half of 2020, down 12% on the year, and an operating profit of $33 million, down 20% on the year.
Socar Petroleum 2019 Net Profit Plummets 95% To RON259,000; Turnover Drops 6% To RON869M
Azeri state-run oil company Socar Petroleum ended 2019 with a turnover of RON869 million, down 6% from RON927 million in 2018, and its net profit plummeted 94% to RON259,000 in 2019, from RO...
MOL Romania Turnover Up 5% YoY To RON7B In 2019
MOL Romania, part of Hungary’s oil group MOL, reported a turnover of RON7 billion in 2019, up 5% from RON6.7 billion in 2018, per Finance Ministry data.
Oscar Downstream 2019 Turnover Grows 12% YoY To RON2.9B
Oscar Downstream, the largest independent player on the local oil market, reported a turnover of RON2.9 billion in 2019, up 12% from RON2.6 billion in 2018, per Finance Ministry data.
Detergent Producer Dalli Posts 20% Profit Growth in 2019
German group Dalli, which operates a detergent plant in Timisoara, Romania, had a turnover of RON388 million in 2019 and a profit of RON7.2 million, up 20% on the year, after two years of de...
Amazon's Romanian Tech Centers Post RON321.3M Turnover in 2019
Amazon Development Center, owned by US online retail giant Amazon, which operates several tech centers in Bucharest and Iasi in Romania, had a turnover of RON321.3 million in 2019, up 34% on...
H&M Tops RON1B Sales in 2019
Fashion retailer H&M posted a turnover of little over RON1 billion in the 2019 financial year in Romania, up 15% compared with 2018.
Vel Pitar Turnover Grows 15% in 2019, to RON509M
Bread and bakery goods producer Vel Pitar, held by private equity firm Broadhurst, posted a turnover of RON509.2 million in 2019, up 15% on the year, finance ministry data showed.