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Heraeus Romania Ends 2020 with 31% Higher Profit
Heraeus Romania, a maker of adhesives for the electronics industry and the local subsidiary of Germany’s Heraeus group, ended last year with RON227.6 million (EUR47.2 million) revenue, an in...
Helbako Electronica Revenue Up 9.5% to EUR20M in 2020
Helbako Electronica, the local subsidiary of Germany’s Helbako GmbH, posted RON96.2 million (EUR20 million) revenue in 2020, an increase of 9.5% year-on-year, ZF has calculated from Finance...
Romania Retail Sales Up 12.5% in January-July
Retail sales in Romania, excluding vehicle sales, grew by 12.5% in the first seven months of the year on the year-ago period, and 7.6% in July on the year-ago month, National Statistics Inst...
Furniture Maker Lemet Sees Revenue Up 46% to Over RON140M in H1
Lemet, one of the largest furniture manufacturers in Romania, posted consolidated revenue of more than RON140 million in the first half, an increase of 46% on the year-ago period.
Packaging Maker Promateris Posts 211% Higher Consolidated Net Profit in H1
Romanian industrial group Promateris (PPL.RO) posted RON84.74 million consolidated revenue in the first half, an increase of 60% on the year-ago period. Consolidated net profit stood at RON9...
Dialysis Center Network Diaverum Romania Ends 2020 with RON338M Revenue
Dialysis service provider Diaverum Romania, ended 2020 with RON338 million revenue, an about 10% increase on 2019, Finance Ministry data show.
Romania Smartphone Market Expected to Grow to EUR1.2B in 2021
Romania’s smartphone market continues to grow and should reach EUR1.2 billion by yearend, as people allocate higher and higher budgets for premium models, since the smartphone has become a d...
Freight Carrier Transport Trade Services Posts 45% Higher Profit in H1
Transport Trade Services (TTS.RO), the largest freight carrier on the Danube, on Monday announced it concluded the first half with RON27.3 net million profit, an increase of 44.4% on the yea...
Libra Bank Sees Profit Rise to RON123M in H1
Libra Internet Bank ended the first half with RON123.2 million net profit, an increase of 416% on the year-ago period, while total income went up 13.11% to RON186.3 million, the lender’s rep...