03.31.2016

Romanian insolvent oil and gas pipe maker Condmag Brasov (COMI.RO), owned by businessman Gheorghe Calburean, reported a loss of RON26 million in 2015, almost double from RON14 million in the previous more

03.30.2016

Rio Bucovina, one of the largest players on the Romanian sparkling water market, reported a turnover of nearly EUR40 million in 2015, up 18% against 2014, said the Maspex Wadowice Group in Poland, the more

03.29.2016

Romanian aluminum smelter Alro Slatina (ALR.RO) has revised its 2015 earnings to a net loss of RON24 million from a previously reported net profit of RON9.6 million, citing a change in green more

03.28.2016

Romanian business software solutions provider Softelligence registered a turnover of over EUR2 million in 2015, up 40% on the year, the company said in a statement. more

03.22.2016

German power tool producer Stihl on Tuesday said it invested EUR5 million in reconfiguring its Romanian distribution network, which includes some 300 stores. more

03.22.2016

Entersoft Romania’s turnover exceeded half a million euros in 2015 and is expected to increase by at least 30% in 2016, while its profit is expected to see double-digit growth this year, the company more

03.16.2016

Kuma Romania, a producer of washbasins, countertops and furniture for bathroom and kitchen, reported a turnover of EUR3.3 million in 2015, up 10% on the year, and targets another 10% turnover growth more

02.10.2016

Mio Technology, which operates on the GPS devices market, saw a 25% increase in sales in 2015, to EUR2 million, due to expanding its portfolio of products, both on the segment of GPS devices and on more

02.05.2016

The 20 largest companies that went insolvent in 2015 posted a turnover of nearly RON5 billion (EUR1.1 billion) last year, a year marked by a high number of companies with turnovers exceeding RON100 more

02.03.2016

Tour operator Cocktail Holidays registered a 3% higher turnover on the year in 2015, to over EUR15 million and more than 20,000 tourists to whom it sold vacation packages and who preferred Greece, more

01.27.2016

GECAD NET, provider of software solutions and services, on Wednesday said it expects a 25% increase in turnover in 2016, to over EUR5 million. more

01.21.2016

Romanian building materials producer AdePlast estimates a turnover growth of minim 5% in 2016 but the positive evolution of the construction sector could trigger a double-digit growth, businessman more

12.10.2015

Romelectro Group, one of the largest energy project contractors in Romania, expects a turnover of EUR45 million in 2015, up 29% from EUR35 million in 2014. more

10.09.2015

Material handling equipment producer Elmas Brasov posted a turnover of EUR18 million in the first nine months, up 10% from the same period a year before, fueled by the increasing orders on the local more

10.07.2015

Medlife, the biggest private healthcare provider in Romania, on Wednesday said its turnover rose 16% on the year in January-September, to EUR67.8 million, and is expected to exceed EUR100 million for more

10.05.2015

Sika Romania forecasts a two-digit turnover growth in 2015, from nearly EUR21 million in 2014, on a moderate growth pace of the construction market in August to September after the positive trend in more

09.25.2015

Romanian call-center services provider Blue Point posted a 68% rise in its eight-month turnover in the first eight months, at 6.3 million lei. more

09.24.2015

Swedish private healthcare group Medicover estimates a 20% turnover growth this year from EUR50 million in 2014, and the doubling of the turnover in three years, to EUR100 million, general manager more

09.24.2015

Romanian travel agency Eximtur registered a turnover of nearly EUR33 million in January-August, up 7.3% against the same period in 2014, due to an increase in the number of clients. more

09.23.2015

Car part maker Preh Romania, a supplier of Porsche, Daimler, Audi or BMW, forecasts a total turnover of EUR200 million and a number of 1,400 employees over the next four years. more

09.23.2015

Romanian private healthcare provider Gral Medical reported a turnover of RON53 million in the first six months of the year, up 12% compared with January-June 2014, supported by the results of OncoFort more

09.17.2015

EnergoBit Cluj, a major supplier of equipment and services for the energy field, majority owned by Polish investment fund Innova Capital, reported a EUR36 million turnover in the first semester, more

09.15.2015

Romania’s largest dairy business Albalact (ALBZ.RO) eyes a 419 million lei turnover in 2015, up 2.7% compared with RON408 million a year before. more

09.11.2015

Polaris Medical hospital opened by the Cluj-based Socea family in August, eyes a 70% occupancy rate and a EUR3.5 turnover in 2016, one year from opening, the company said. more

08.28.2015

Parcel delivery service company DPD Romania, owned by French group GeoPost, had a turnover of 37 million lei in the first semester, up 24% on the year, driven mainly by attracting new clients and by a more