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ETI Sweets Plant in Craiova Sees 70% Rise in Revenue to RON94.4M in 2019
ETI European Food Industries, the company operating the production facility of Turkey’s ETI group in Craiova, ended 2019 with 94.4 million lei (some EUR20 million) revenue, an increase of 70...
Carrier Skiptrans Revenue Up 17% to RON333.9M in 2019
Carrier Skiptrans posted more than 333.9 million lei (EUR70.5 million) revenue in 2019, an increase of 17% on 2018, Finance Ministry data show.
Orkla Foods Romania Revenue Rises 11% to Over RON230M in 2019
Orkla Foods, one of the largest local producers of canned food, posted 11.4% rise in revenue to 238 million lei last year, Finance Ministry data show. It also ended 2019 in the black, with R...
Bitdefender Group Revenue Reaches Almost RON1B in 2019
IT security solutions provider Bitdefender, one of the best known Romanian tech brands worldwide and the largest local software developer posted about 1 billion lei (EUR200 million) revenue...
Number of New Homes Delivered in Bucharest and Timisoara More Than Doubled in 2019
The number of new homes delivered in Bucharest and Timisoara in 2019 more than doubled compared with 2017.
About 70% of Medium-Sized Agribusiness Companies to Remain Same Size in 5 Years
About 70% of the medium-sized agribusiness companies in Romania will remain the same size in the next five years, 25% of them will either become small businesses or microenterprises and only...
Romania’s Banking System Posts RON2.8B Net Profit in H1
Romania’s banking system posted about 2.8 billion lei net profit in the first half and assets rose to a new peak, RON518.5 billion, following an average increase by 6% in lending, Romania’s...
Furniture Manufacturer PGS Sofa & Co Revenue Up 4% to RON344M in 2019
Furniture manufacturer PGS Sofa & Co in Oradea ended 2019 with more than 344 million lei (EUR71 million) revenue, 4% higher than in 2018, Finance Ministry data show.
Online Fashion Retailer Answear Sales Up 35% in H1
Answear Romania, the local subsidiary of the Polish online fashion retailer Answear, posted growth of 35% in sales in the first half compared with the year-ago period to more than EUR10 mill...