Kaercher Made EUR60M Worth of Vacuum Cleaners in Curtea De Arges in 2018
02.15.2019
Kaercher’s Curtea de Arges vacuum cleaner plant saw its revenue grow by 20% to more than EUR60 million in 2018. The company budgeted the same growth for this year.
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Romania’s Mailing and Courier Services Market Tops RON4B in 2018 Due to Online Commerce today, 13:06
Romania’s mailing and courier services market topped RON4 billion in 2018 due to higher online sales, a KeysFin analysis showed Monday. more
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CBRE: Realty Deals At EUR940M In 2018, Similar With 2017 Level; Office Space Segment The Most Dynamic today, 12:51
Real estate transactions completed in 2018 reached EUR940 million, similar with the level registered in 2017, but 30% higher than the level... more
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Local Entrepreneur Invests EUR10M in Residential Project in Bucharest today, 12:49
Local entrepreneur Alexandru Tiron will invest EUR10 million in a residential project in the western area of Bucharest, the first stage of which is... more
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TMK-Artrom Slatina 2018 Net Profit Soars 71% To RON56M today, 11:52
Romania’s steel pipe manufacturer TMK-Artrom Slatina (ART.RO), held by Germany’s TMK Europe, reported a turnover of RON1.38 billion in 2018, up... more
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Medlife Group 2018 Turnover Up 27% To RON794M; Net Profit Nearly Doubles To RON16.4M today, 10:47
Medlife Group on Monday said it registered a turnover of RON794 million in 2018, up 27% year-on-year, and its net profit nearly doubled to RON16.4... more
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Polirom Publishing House Sees Revenue Up 15% to RON28M in 2018 today, 06:00
Iasi-based Polirom publishing house, one of the largest in Romania, established in 1995 and run by Silviu Lupescu, ended last year with 28 million... more
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Porcelain Products Manufacturer Apulum Unaffected by Instability on European Markets today, 00:00
The instability of certain markets like the UK, which is getting ready to leave the EU and Italy, which slipped into recession, does not affect... more
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La Casa Restaurant and Bakery Chain Grows to 46 Stores in Transylvania today, 00:00
Restaurant and bakery chain La Casa was launched in 2014 and has since grown to 46 stores all of which in Transylvania, in 13 cities in eight... more
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Medicover And Synevo 2018 Combined Revenue Up 27% On Year To EUR93.8M 02.15.2019
The overall combined revenue of Swedish-held private medical service provider Medicover and of Medicover’s medical laboratory division Synevo... more
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Dafora Medias Switches To RON5M Loss In 2018, From RON253M Profit In 2017 02.15.2019
Romanian drilling company Dafora Medias (DAFR.RO) on Friday said it ended 2018 with revenue of RON112 million, up 50% versus 2017, but it switched... more
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Romania Ranks 15th In The EU By New Car Registrations In January 2019 02.15.2019
Romania ranks 15th in the European Union, with a volume of 13,952 new car registrations, up 18.8% compared with January 2018, Romania’s... more
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Purcari Wineries 2018 Revenue Up 19% To RON169M, Net Profit Up 58% To RON45M 02.15.2019
Winemaker Purcari Wineries (WINE.RO) on Friday said it registered total revenue of RON169 million in 2018, up 19% on the year, and a net profit of... more
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Transelectrica Profit Triples in 2018, to RON89M 02.15.2019
Romanian state-run power grid operator Transelectrica (TEL.RO) on Friday reported a net profit of RON89 million, triple compared with 2017, despite... more
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Romgaz Posts 9% Hike in Turnover, Net Profit Declines in 2018 02.15.2019
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Friday reported a consolidated turnover of RON5 billion for 2018, up 9% on year,... more
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Metro Cash & Carry To Triple Logistics Space 02.15.2019
Metro Cash & Carry store chain plans to almost triple logistics area once the new platform now under construction in Stefanestii de Jos near... more
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Romanian Airline Companies Blue Air, Tarom Sign Two Partnerships 02.14.2019
As members of the International Air Transport Association (IATA), Romanian airline companies Blue Air and Tarom have signed two partnerships... more
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AMCHAM: Lack Of Predictability, Poor Quality Of Public Policies Significantly Affect Business Environment 02.14.2019
Politicians’ declared desire to ensure the conditions needed for people to benefit from accessible lending costs cannot be achieved by... more
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GfK: Romania Durable Goods Market Up 13% On Year To EUR3.4B In 2018 02.14.2019
The Romanian durable goods market rose 13% year-on-year to EUR3.4 billion in 2018, according to a GfK TEMAX survey. more
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Mindspace Opens Co-Working Space in Globalworth Campus in Bucharest 02.14.2019
Mindspace, an Israel-based global provider of co-working spaces, has opened its first co-working center in Romania, in the Tower 1 building in... more
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Aerostar Bacau Net Profit Grows 50% in 2018, to RON79.9M 02.14.2019
Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) on Thursday reported a 50% growth in net profit for 2018, to RON79.9... more
The lending rebound, the rise in interests and the improvement of portfolio quality helped Romania’s banking system post an
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Companies Bog’Art SRL Bucuresti, Construcţii SA Sibiu, Kesz Constructii Romania SRL Cluj and Porr Construct SRL Bucuresti have
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German Zeitfracht Group has joined the shareholding structure of low-cost airline Blue Air, holding 10% of the airline’s share
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Office building transactions in Romania reached the highest level of the last decade in 2018, of EUR957 million, according to the
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Chitila represents the future logistics hub of capital city Bucharest, for both warehouses and the light industrial production, in the
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The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June
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Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the
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Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania,
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
