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growth

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With 20% Growth, BVB Beats Most Developed Bourses
Capital Market

With 20% Growth, BVB Beats Most Developed Bourses

The Bucharest Stock Exchange has posted a 20.9% advance since the start of the year, reflected by the benchmark index BET, a yield that beats most developed bourses of the US, Europe, Asia a...

Tibi Oprea · 24.07.2024 · 10:17 · 1 min
Romania Private Lending Up 6.7% YoY to RON400B in June 2024
Macroeconomics

Romania Private Lending Up 6.7% YoY to RON400B in June 2024

Private lending in Romania went up 6.7% to RON400.6 billion in June 2024 compared with June 2023, central bank data showed on Tuesday (July 23, 2024).

Loredana Frățilă-Cristescu · 23.07.2024 · 14:22 · 1 min
Huf Romania Ends 2023 With 35% Growth In Revenue To RON683.4M
Automotive

Huf Romania Ends 2023 With 35% Growth In Revenue To RON683.4M

Car door handle systems and lock sets manufacturer Huf Romania, part of Germany’s Huf Group, posted RON683.4 million (EUR138.2 million) revenue in 2023, up 35.1% from the previous year’s aro...

Loredana Frățilă-Cristescu · 22.07.2024 · 09:22 · 1 min
Vimercati East Europe Revenue Rises 10% To RON360.8M In 2023
Companies

Vimercati East Europe Revenue Rises 10% To RON360.8M In 2023

Vimercati East Europe, which makes electromechanical and electronic components in a plant in Bacau County, posted RON360.8 million (some EUR73 million) revenue in 2023, an increase of about...

Loredana Frățilă-Cristescu · 22.07.2024 · 08:50 · 1 min
Wet Wipe Maker Europack Media Sees Revenue Up 8.5% To RON82.2M In 2023
Companies

Wet Wipe Maker Europack Media Sees Revenue Up 8.5% To RON82.2M In 2023

Europack Media, a Constanta-based company that makes wet wipes, ended 2023 with RON82.2 million, an increase of 8.5% on 2022. Net profit went up, as well, to RON8.3 million from RON7.7 milli...

Loredana Frățilă-Cristescu · 18.07.2024 · 10:52 · 1 min
Five-Star Sheraton Hotel In Bucharest Ends 2023 With 21% Growth, Upbeat About 2024 After H1 Performance
Companies

Five-Star Sheraton Hotel In Bucharest Ends 2023 With 21% Growth, Upbeat About 2024 After H1 Performance

Grand Plaza Hotel, which manages the five-star Sheraton Hotel in Bucharest, ended last year with RON52.8 million revenue, an increase of 21% on the previous year and RON1 million net profit,...

Loredana Frățilă-Cristescu · 18.07.2024 · 10:27 · 1 min
Paver Maker Symmetrica Revenue Rises 40% To More Than RON150M In H1
Companies

Paver Maker Symmetrica Revenue Rises 40% To More Than RON150M In H1

Paver manufacturer Symmetrica (Suceava County) posted more than RON150 million (some EUR30 million) revenue in the first half, an increase of 40% compared with the first half of 2023, as a r...

Loredana Frățilă-Cristescu · 16.07.2024 · 12:00 · 1 min
Cartofisserie Sales Up 50% To RON100M In 2023
Companies

Cartofisserie Sales Up 50% To RON100M In 2023

Cartofisserie, a Romanian-held fast-food restaurant chain established by the founders of the Delaco dairy brand, ended 2023 with RON100 million sales, an increase of 50% on the previous year...

Loredana Frățilă-Cristescu · 15.07.2024 · 13:58 · 1 min
Accounting Tech Startup Keez Sees Revenue Up 62% To Over RON13M In 2023
Technology &Telecoms

Accounting Tech Startup Keez Sees Revenue Up 62% To Over RON13M In 2023

Digital Keez SRL, the accounting tech startup held by Norway’s Visma, posted significant increase in revenue, by 62% to RON13.2 milion (EUR2.6 million), in 2023 compared with 2022., Finance...

Loredana Frățilă-Cristescu · 15.07.2024 · 10:55 · 1 min