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Electro-Alfa International Revenue up 39.5% to RON141.9M in 2018
Low and medium voltage electrical equipment supplier Electro-Alfa International posted 141.9 million lei (EUR30.5 million) revenue in 2018, an increase of 39.5% over 2017, ZF has calculated...
Winemaker Cotnari Sees RON159M Sales in 2018
Cotnari, a winemaker based in Iasi County (NE Romania) ended 2018 with almost 159 million lei sales (EUR34 million), an increase of 7% on 2017, Finance Ministry data show.
Furniture Maker Aramis Invest Revenue up 11% in H1
Furniture manufacturer Aramis based in Baia Mare, ended the first half with 11% higher revenue than in the same time last year, the company said.
Aquila Group’s Construction Division Sees Almost RON150M Revenue In 2018
Aquila Construct, the construction unit of the Aquila group, which specializes in transportation, distribution and logistics, almost tripled its revenue to 149 million lei (EUR32 million) in...
Romania’s Banking System Sees RON2.77B Profit in H1
The net profit of the Romania’s banking system reached about 2.77 billion lei (EUR586 million) at the end of the first half, while assets rose to a new high of RON458.8 billion, as lending w...
Romanian Auto Market Grows 9.5% in Jan-July
New vehicle sales in Romania grew 9.5% on the year in January-July, to 115,744 units, of which 99,350 were passenger cars, up 11% on the year, data from the Automotive Manufacturers and Impo...
Romania Posts Biggest Annual Construction Growth in EU in June
Romania's adjusted production in the construction sector was the highest in the European Union in June, 23.3% higher than in June 2018, Eurostat data showed Tuesday.
Yogurt Producer Danone Sees Revenue up 13% to RON554M in 2018
Danone Romania, the largest actor on the local yogurt market, ended 2018 with 554 million lei (EUR117 million) revenue, 13% higher than in 2017, Finance Ministry data show. The profit droppe...
New Owners of Sidex Galati Plan to Achieve Significant Growth in Sales by 2022
The first concrete step of the new owners of the Sidex Galati steel mill was the rename the plant from ArcelorMittal to Liberty Galati. Jon Bolton, CEO of Liberty Steel Continental Europe, t...