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Romgaz Sees RON300M Profit and RON923M Revenue in Q2
Natural gas producer and supplier Romgaz (SNG.RO), the largest state-run company listed on the Bucharest Stock Exchange, posted RON298 million net profit and RON923 million revenue in the se...
Nuclearelectrica Posts 12% Rise in Profit to RON385M in H1
Nuclearelectrica (SNN.RO), the only nuclear power producer in Romania, ended the first half with RON385.3 million net profit, 12.3% higher than in the year-ago period, and 16.9% higher opera...
Software Developer iQuest Posts Over 70% Rise in Net Profit to EUR3M in 2020
Cluj-Napoca software solutions developer iQuest Technologies SRL posted almost EUR3 million net profit in 2020, up by 74% from the EUR1.7 million of 2019, Finance Ministry data show.
Grain Trader Cambela Prod Posts 42% Increase in Revenue to RON504M in 2020
Grain trader Cambela Prod posted RON504 million revenue in 2020, an increase of 42% year-on-year, which puts it among the largest grain traders in Romania, a ranking dominated by foreign act...
La Cocos Hypermarket in Bucharest Sees EUR20m Sales in Jan-July
La Cocos hypermarket, which opened in the Vitantis complex in Bucharest at the end of 2020, posted more than EUR20 million (excluding VAT) sales in January-July 2021. Its officials expect EU...
COFCO Sees Five-Fold Profit Rise in 2020
Grain trader COFCO International Romania (formerly Nidera), part of China’s largest agri-food group COFCO, posted its highest profit ever, almost RON60 million, in 2020, five times higher th...
Romania’s 2021 Grain Harvest Four Times Higher Than in 2007 When Country Joined EU
Romania’s grain production could reach 34.16 million tons in the 2021 farming year, four times higher than in 2007, when the country joined the EU, says Cezar Gheorghe, founder of agribusine...
Damen Galati Shipyard Posts 70% Higher Revenue in 2020
Damen Galati shipyard, one of the largest in Romania, posted 70% higher revenue year-on-year, RON806 million in 2020, Finance Ministry data show.
Footwear Retailer CCC Sales Double in Q1
Polish footwear retailer CCC, which manages the brand by the same name and other brands, posted PLN122.6 million (RON132 million) sales in Romania in the first quarter of its 2021 financial...