Vrancart Profit Halves To Nearly RON8M YoY In 2021

03.01.2022 By Ecaterina Craciun

Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) said its profit halved to almost RON7.7M in 2021 from RON18.6 million in 2020, amid 68% higher raw material costs in 2021 against 2020 and revenue growing at a slower rate, of 30%, compared to expenses, putting pressure on the operating result, in line with the company's financial report.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

 
Keywords:
Vrancart
, earnings