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growth

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Holde Agri Invest Sees 87% Growth in Revenue to RON117.5M in 2022
Capital Market

Holde Agri Invest Sees 87% Growth in Revenue to RON117.5M in 2022

Holde Agri Invest (HAI.RO), a Romanian-held company that operates farmland, posted RON117.5 million consolidated revenue in 2022, an increase of 87% and net profit of RON11.4 million (IFRS),...

Loredana Frățilă-Cristescu · 24.02.2023 · 13:36 · 1 min
Zetta Hospital Expects 18% Turnover Growth in 2023
Health

Zetta Hospital Expects 18% Turnover Growth in 2023

In 2023, Zetta Hospital, created a decade ago by doctor Dragos Zamfirescu, is set to register 18% turnover growth, crossing the EUR6 million mark, according to Andreea Constantin Vilcioiu, g...

Georgiana Mihalache · 24.02.2023 · 09:29 · 1 min
Mazars: Romania M&A Market Up 17% in Volume in 2022
Companies

Mazars: Romania M&A Market Up 17% in Volume in 2022

The M&A market in Romania did well in 2022, with a 17% increase in the volume of reported deals (76 deals), while the reported value decreased to EUR1.4 billion from EUR2.7 billion in 2021,...

Loredana Frățilă-Cristescu · 23.02.2023 · 19:00 · 1 min
Sweden’s Medicover Wants to Grow Further in Romania
Health

Sweden’s Medicover Wants to Grow Further in Romania

Medicover Romania, the third largest player on the local private healthcare market, has further growth plans on the local market after having stepped up development in 2022.

Georgiana Mihalache · 23.02.2023 · 10:02 · 1 min
Romania Wholesale Trade Turnover Up 22% in 2022 YOY
Companies

Romania Wholesale Trade Turnover Up 22% in 2022 YOY

In 2022, Romania wholesale trade turnover (not including vehicle and motorbike trade) went up by 22% in nominal terms from 2021 as gross series, in line with data provided by the country’s s...

Dorin Oancea · 22.02.2023 · 10:19 · 1 min
Electrical Equipment Distributor Promelek XXI Sees 33% Growth in Revenue to EUR40.5M in 2022
Companies

Electrical Equipment Distributor Promelek XXI Sees 33% Growth in Revenue to EUR40.5M in 2022

Electrical equipment distributor Promelek XXI in Cluj-Napoca, part of the Spanish group Elektra, posted about RON200 million (EUR40.5 million) revenue in 2022, up 33% from the RON150 million...

Loredana Frățilă-Cristescu · 16.02.2023 · 20:38 · 1 min
Plastics Maker Reinert Ends 2022 with 25% Growth in Revenue to EUR30M
Companies

Plastics Maker Reinert Ends 2022 with 25% Growth in Revenue to EUR30M

Technical plastics solutions developer Reinert Kunststofftechnik, acquired at the end of 2019 by Germany’s CCBA Verwaltungs, posted more than EUR30 million revenue in 2022, up 25% on the pre...

Loredana Frățilă-Cristescu · 16.02.2023 · 00:00 · 1 min
Qualysoft Romania Sees 55% Growth in 2022
Technology &Telecoms

Qualysoft Romania Sees 55% Growth in 2022

Software services company Qualysoft Romania, part of the Austrian group by the same name, recorded a 55% increase in revenue in 2022 compared with the previous financial year, its representa...

Loredana Frățilă-Cristescu · 15.02.2023 · 20:56 · 1 min
Cash in Circulation Tops RON101B, New All-Time High, in December 2022
Banks-Insurance

Cash in Circulation Tops RON101B, New All-Time High, in December 2022

The cash in circulation continued to rise and in December 2022 went beyond the RON101.3 billion level, a new all-time high, after a 5.4% increase from December 2021, according to central ban...

Claudia Medrega · 15.02.2023 · 09:34 · 1 min