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Renault Commercial Roumanie Revenue Up to Over RON4B in 2018
The growth in the sales of SUVs led Renault Commercial Roumanie (RCR), Groupe Renault Romania’s sales division to more than 30% growth in revenue in 2018 compared with 2017 to more than 4 bi...
Romania’s Wage Bill to Overshoot EUR100B Mark by 2020
Romania’s wage bill (which includes all net wages, taxes and related contributions) stood at EUR80 billion in 2018 and will amount to more than EUR100 billion in 2020, Eurostat data show.
Porr Construct Sees Over RON500M Revenue in 2018
The local subsidiary of Austrian construction company Porr Construct overshot the 500 million lei revenue mark in 2018, following a 35% increase year-on-year.
ArcelorMittal Galati Sees Revenue Up to EUR1.1B in 2018
ArcelorMittal Galati, the largest steel mill in Romania, ended last year with 9% increase in revenue to almost EUR1.1 billion and switched from loss to EUR40.5 million profit, Finance Minist...
Holcim Sold RON1.3B Worth of Concrete and Cement In 2018
Cement and concrete manufacturer Holcim, part of the LafargeHolcim group, saw its revenue go up 20% to 1,270.6 million lei (EUR267 million) in 2018, according to Finance Ministry data.
Eurest Cafeterias Serve More Than 40,000 People in Romania Every Day
Eurest, a chain of cafeterias operating in 15 cities in Romania, budgeted 133 million lei (EUR28 million) revenue for 2019, about 15% higher than last year. The company that has been present...
RAAL Bistrita Sees Revenue Up 17% to RON327M in 2018
Cooling systems manufacturer RAAL Bistrita posted more than 327 million lei (EUR70.3 milion) revenue last year, up 17% in 2017. Net profit stood at more than RON14.5 milion, over 85% higher...
Schaeffler Expects 20% Higher Revenue at Its Brasov Plant in 2019
Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group, expects growth of about 20% in revenue this year compared with last year’s more than 2.2 billion lei (about EUR475 mil...
Discount Retailer Pepco Sales Up 35% to RON900M in 2018
Polish-held discount retail chain Pepco, which sells products at prices starting from 1.99 lei (EUR0.41) posted about 35% increase in sales to almost RON900 milion in 2018. The sales are mor...