12.15.2014

Railway freight transporter Grup Feroviar Roman (GFR), owned by businessman Gruia Stoica, had a turnover of RON500.6 million in January-September, down 5% on the year, as the regional market declined. more

11.17.2014

Romanian cosmetics producer Cosmetic Plant, based in Cluj-Napoca, estimates a slight growth in turnover next year, after an expected 10% growth this year, to EUR1.7 million. more

11.13.2014

Romania’s Finance Ministry is considering discarding the tax on profit and introducing the tax on turnover, along with reducing the tax on dividends by five percentage points, as per a document more

11.04.2014

Pharmaceutical company Actavis Romania has changed its business model over the last years, discarded its direct distribution operations, stabilized sales on the oncological segment and developed its more

10.29.2014

The group of firms Agricola Bacau posted a turnover of RON462.3 million in the first nine months, up 4% on the year, nearly 60% of which was generated by poultry producer Agricola International. more

10.27.2014

Romanian IT security solutions provider Bitdefender estimates a turnover growth of 39% in 2014, %, Florin Talpes, the company’s founder stated Monday. more

10.21.2014

Romanian vegetable oil producer Argus Constanta (UARG.RO), controlled by regional investment fund SIF Oltenia (SIF5.RO) registered a turnover of 110.74 million lei (EUR24.9 million) in more

10.20.2014

Cotroceni Park SA, the operator of the AFI Palace Cotroceni mall, one of the key shopping destinations in Bucharest, posted EUR29.1 million net profit last year, five times higher than in 2012 and a more

10.14.2014

The top 1,300 companies owned by Romanian entrepreneurs registered an overall turnover of 151 billion lei (EUR34.24 million) in 2013, up 6.7% on the year, and a 14.4% higher net profit, at RON6 more

10.14.2014

Construction materials maker Holcim Romania expects a slight increase in this year’s turnover, from EUR202 million in 2013, and wants to return to profit from a loss of EUR1.3 million in 2013, the more

10.09.2014

Photo and video retailer F64 Studio sees its turnover rising 10% this year, from EUR20 million in 2013, lower than initially expected, as the photo equipment market has contracted, said company more

10.08.2014

Transport and logistics company Dumagas Transport has invested EUR4.8 million in expanding its fleet of trucks and trailers and sees its turnover growing by 3-5% this year and by 10% in 2015, from more

10.03.2014

German power tool producer Stihl expects an over 10% increase in sales on the Romanian market in 2014, from RON103.4 million in 2013. more

10.02.2014

Telecom retailer Arsis estimates its sales will grow 10%-12% to EUR34 million in 2014, from EUR30.4 million in 2013, on the backdrop of higher smartphone sales and the launch of www.arsis.ro, which is more

09.09.2014

Unirea Shopping Center (SCDM.RO) had a turnover of RON37.16 million (EUR8.3 million) in the first half of the year, down 3% on the year, while its net profit halved, to RON1.94 million (EUR434,500). more

09.09.2014

Huawei Technologies Romania targets EUR130 million in turnover this year, slightly higher than in 2013, when it stood at EUR127 million, more than half of which to be covered by from computer more

08.28.2014

KLG Europe Logistics Romania, part of Dutch group KLG Europe , posted a 10% growth in turnover in the first half of the year and expects similar growth for the full year, from EUR21 million in 2013. more

08.26.2014

Konica Minolta had a turnover of EUR8.7 million in Romania in the first half of the year, up 10% from the same period in 2013, driven by a diverse portfolio of products and services, the company said more

08.19.2014

A total of 454,000 active companies posted turnover of EUR250 billion in 2013, with the top 1,200 accounting for half of that. Net result from profits and losses stood at more than EUR4 billion. more

07.15.2014

Construction company Octagon Contracting & Engineering reported a turnover of EUR6.5 million in the first six months of 2014, and estimates a EUR16 million turnover for the entire year, down from more

07.07.2014

Romanian steel roof tile maker BILKA Steel, owned by businessman Horatiu Tepes, reported a turnover of nearly 45 million lei (EUR10.27 million) in the first six months, up 43% on the year, due to the more

06.11.2014

Sales of Romanian generic drug producer Labormed Pharma surged nearly 61% to 141.8 million lei (EUR32 million) and its loss narrowed by 84% to RON18 million in 2013, the first year under the ownership more

06.06.2014

Private railway company Grup Feroviar Roman (GFR) had a turnover of RON731.9 million last year, 10% lower from RON813.6 million in 2012, but its net profit increased to RON35.2 million from RON28.8 more

06.02.2014

Happy Tour Group, the leading Romanian tour operator, had sales revenue of EUR60 million in 2013, lower than in 2012. more

06.02.2014

Romanian IT&C distributor Skin Media estimates its sales revenue will remain flat this year at EUR43 million, due to lower notebook computers and photo equipment sales, said Camil Perian, the more