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Agricover Revenue Doubles to RON1.3B in H1
Companies

Agricover Revenue Doubles to RON1.3B in H1

Agribusiness group Agricover posted RON1.3 billion total consolidated revenue in the first half of 2022, double as much as in the same period in 2021 and operating profit of RON72 million, a...

Loredana Frățilă-Cristescu · 30.08.2022 · 15:22 · 1 min
Romania-Germany Trade up to EUR18.4B in H1
Macroeconomics

Romania-Germany Trade up to EUR18.4B in H1

The volume of trade between Germany and Romania continues its upward trend in the first half of 2022, reaching EUR18.4 billion, 12.3% above the year-ago period, the latest figures from the F...

Loredana Frățilă-Cristescu · 25.08.2022 · 14:06 · 1 min
Euroins Romania Sees Growth in Non-Auto Liability Insurance Business in Q1
Banks-Insurance

Euroins Romania Sees Growth in Non-Auto Liability Insurance Business in Q1

Euroins Romania, the largest insurer in the country after the bankruptcy of City Insurance, is taking tentative steps in the non-auto liability insurance (RCA) area, posting significant incr...

Loredana Frățilă-Cristescu · 24.08.2022 · 00:00 · 1 min
Sales of Green Cars Down in Europe, up over 100% in Romania in Q2
Automotive

Sales of Green Cars Down in Europe, up over 100% in Romania in Q2

Sales of green cars, i.e., hybrids, BEVs/electrics and PHEVs/plug-in hybrids, in Europe's top ten car markets - Germany, France, Italy, Spain, the UK, Sweden, Norway, the Netherlands, Switze...

Loredana Frățilă-Cristescu · 23.08.2022 · 13:31 · 1 min
Antibiotice Iasi Sales up 54% to RON248M in H1
Capital Market

Antibiotice Iasi Sales up 54% to RON248M in H1

Romanian pharmaceutical manufacturer Antibiotice (ATB.RO) Iasi’s total revenue from sales reached RON248.1 million in the first half of 2022, up 54% on the RON161.4 million in the year-ago p...

Loredana Frățilă-Cristescu · 18.08.2022 · 10:30 · 1 min
Romania's GDP Grows 2.1% In 2Q/2022 Vs 1Q/2022
Macroeconomics

Romania's GDP Grows 2.1% In 2Q/2022 Vs 1Q/2022

Romania's gross domestic product (GDP) grew by 2.1% in real terms (in unadjusted data) in the second quarter of 2022 as compared to the first quarter of 2022, the country’s statistics board...

Ecaterina Craciun · 17.08.2022 · 11:44 · 1 min
Aquila Sees Two of Its Brands Post Double-Digit Growth in H1
Capital Market

Aquila Sees Two of Its Brands Post Double-Digit Growth in H1

Aquila (AQ.RO), the leading player in the local market for integrated distribution and logistics services, announces that its own brands Gradena and LaMasa saw a 33% increase in value in the...

Loredana Frățilă-Cristescu · 16.08.2022 · 14:16 · 1 min
Heraeus Sees Revenue up 28% to RON291.1M in 2021
Companies

Heraeus Sees Revenue up 28% to RON291.1M in 2021

Solder paste and adhesive materials manufacturer Heraeus Romania, the local subsidiary of Germany’s Heraeus, posted revenue of RON291.1 million (EUR59.2 million) in 2021, up about 28% from t...

Loredana Frățilă-Cristescu · 12.08.2022 · 11:01 · 1 min
Bakery Producer Pambac Doubles Profit to RON27.5M in 2021
Companies

Bakery Producer Pambac Doubles Profit to RON27.5M in 2021

Romanian-held bakery producer Pambac posted more than RON263 million (EUR53.5 million) revenue in 2021, up 22.6% compared with the previous year’s RON214.5 million (EUR44.3 million), accordi...

Loredana Frățilă-Cristescu · 11.08.2022 · 00:00 · 1 min