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Arobs Transilvania Software Ends H1 With 90% Growth In Revenue To RON241M
IT group Arobs Transilvania Software (AROBS.RO) posted consolidated revenue of RON241.1 million in the first half of 2023, an increase of 90% on the year-ago period.
Sparkling Wine Maker Zarea Sees Revenue Up 14.8% To RON167.7M In 2022
Zarea, one of the most important players on the alcoholic beverages market in Romania, posted RON167.7 million (EUR34 million) revenue in 2022, up 14.8% compared with the previous year’s ove...
Brake Pads Maker TMD Friction Sees Revenue Up 20% To RON311.8M In 2022
TMD Friction Romania, which owns the Textar brake pads brand, posted RON311.8 million (EUR63.2 million) revenue in 2022, up 20% compared with the previous year’s RON259.7 million (EUR52.8 mi...
Devero Impex Revenue Rises 16.3% To RON16.5M In 2022
Devero Impex posted RON16.5 million (EUR3.3 million) revenue in 2022, up 16.3% on the previous year’s RON14.1 million (EUR2.8 million), ZF has calculated from Finance Ministry data.
Agroserv Mariuta Sales Up 23% To RON36.3M In H1
Agroserv Mariuta (MILK.RO), a Romanian agricultural company and owner of the Laptaria cu Caimac dairy brand, posted sales of RON36.3 million in the first half of 2023, an increase of 23% com...
EBRD Expects Romania Economy to Grow by just 1.8% in 2023, Way Below Initial Forecast
Romania’s economy will expand by only 1.8% in 2023, European Bank for Reconstruction and Development economists forecast. The projection was downwardly revised from an initial 2.5% one.
Comtech Co Slatina Sees Revenue Up To 34% To EUR31M In 2022
Romanian-owned steel pipe distributor Comtech Co posted RON154.4 million (EUR31.3 million) revenue in 2022, an increase of 34.3% on the previous year’s almost RON115 million (EUR23.4 million...
Jacobs Coffee Importer Revenue Up 14% To Over RON526M In 2022
Jacobs Douwe Egberts Ro, the local subsidiary of the group of the same name, posted RON526.2 million (EUR106.7 million) revenue in 2022, up 14% from the previous year’s about RON462.5 millio...
CEO François Bloch Leaves BRD With 50% Higher Assets
French executive François Bloch, appointed to run BRD-SocGen in 2016, is leaving his position on September 26, 2023, to pursue other opportunities inside the Société Générale Group.