10.05.2016

FlorideLux group, which operates online flower shops www.floridelux.ro, www.brazidecraciun.ro, www.coroane.ro, and www.cosuridelux.ro, targets 20% higher revenues in 2016, to EUR1.1 million. more

10.04.2016

Dietary supplements producer Alevia saw a nearly 20% increase in turnover in the first eight months of 2016, compared with the year-earlier period. more

09.28.2016

Sugar producer Agrana Romania (BETA.RO) reported losses of RON1.6 million in the first six months of 2016, versus losses of RON13 million in the year-earlier period, the company said in a statement more

09.25.2016

Romanian upholstered furniture manufacturer MobilaDalin, controlled by the Cotoi Family in Reghin, targets a 15% year-on-year increase in turnover in 2016, up to approximately EUR7.5 million, more

09.21.2016

Intermedicas, a medical second opinion provider in Romania or abroad, estimates a turnover of RON1.7 million in 2016, up 50% on the year, after a 40% sales increase in the first six months of the more

09.16.2016

Software services and solutions provider NTT DATA Romania (former EBS Romania), part of Japanese group NTT DATA, reported a turnover of EUR22 million in January-August, up 40% from the year-earlier more

09.15.2016

Romanian electronics producer Vitacom Electronics reported revenues worth EUR8 million last year and estimates it will reach EUR9.2 million in 2016. more

09.12.2016

Insurance company Omniasig underwrote gross premiums of RON455.49 million in the first half of 2016, similar with RON457.66 million registered in the year-earlier period. more

09.07.2016

Comcereal Slobozia (COCB.RO), whose core business consists of auxiliary activities for the vegetal production, reported total revenue of RON105,000 in the first half of 2016, down 30% from the more

09.04.2016

QuickMobile, retailer of telephones, computer tablets, gadgets and accessories, registered 75% higher sales in the first six months of 2016, compared with the year-earlier period, pushing its revenue more

09.01.2016

Romania’s state-owned hydropower producer Hidroelectrica, which underwent a restructuring process during insolvency, expects to end the first eight months of 2016 with a gross profit of over RON1 more

09.01.2016

United Romanian Breweries Bereprod (URBB), which sells beer brands Tuborg, Carlsberg, Holsten, Guinness, Skol and Somersby, registered a 25% higher turnover and a 50% higher profit on the year in more

08.26.2016

Metalurgica Bucuresti (MECA.RO), manufacturer of metal products, had a net profit of RON80,560 in the first half of 2016, up 68% from the same period a year ago, and its turnover rose 4% to RON1.7 more

08.25.2016

Local oil and natural gas producers reported lower revenues and profitability, failing to take advantage of the opportunities on the international markets, according to a report by brokerage house more

08.23.2016

Garanti Bank reported net losses of RON23 million in the first half of the year, versus RON50 million profit in the year-earlier period due to the absorbing of prudential requirements related to more

08.23.2016

The companies held in Romania by Austrian group Vienna Insurance Group (VIG) reported an increase of 37.3% in premiums underwritten in the first half of 2016, mainly due to the auto insurance segment, more

08.22.2016

Optical Network, operator of retail chain OPTIblu, reported a 28% higher turnover in the first half of 2016, to over RON24 million, as all divisions saw major increases, the company’s executive more

08.21.2016

Strauss Romania, the producer of coffee brands Doncafe and Fort, reported 5.7% higher sales in the first six months of 2016, to over RON135 million. more

08.19.2016

Romanian poultry producer Avicola Slobozia (AVSL.RO) reported 7.8% lower sales in January-June 2016, at RON29.5 million, the company said in a statement. more

08.19.2016

Romanian state-owned airline Tarom reported losses of RON28.6 million in the first six months, eightfold higher from the estimated RON3.4 million, mainly due to technical issues which triggered flight more

08.18.2016

Raiffeisen Bank Romania, the fourth largest player in the local banking system, reported a net profit of EUR38 million in the first six months, down 27% compared with the year-earlier period, the bank more

08.17.2016

Romanian regional investment fund SIF Transilvania (SIF3.RO) reported a net profit of RON23.1 million in the first six months of the year, from RON44.4 million in the same period a year earlier. more

08.17.2016

Romania’s state-owned hydropower producer Hidroelectrica, which underwent a restructuring process during insolvency, became the most profitable local company by the gross profit margin posted in the more

08.16.2016

Vegetable oil producer Argus Constanta (UARG.RO), owned by SIF Oltenia, reported a loss of RON1.2 million in the first half of 2016, versus a profit of RON52,000 in the same period a year ago. more

08.16.2016

Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) reported a net profit of RON1.95 million in the first half of 2016, up 3% from the same period a year ago, but its turnover fell 45% to more