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Tag Archives: revenues

Budget deficit of 0.51% of GDP in the first two months

The general consolidated budget went on deficit in the second month of this year, with the execution in the first two months showing a deficit of RON 5.2 billion (0.51% of GDP), down against the negative balance of RON 5.5 ...

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Huawei Romania 2018 balance-sheet

Huawei Romania reported revenues from sales worth over USD 400 million in 2018. The acquisitions on the local market mounted to USD 150 million last year, while the taxes paid to the state accounted for USD 75 million. Huawei Romania ...

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Zitec posted EUR 6 M revenues in 2018, up by 22 pc as against 2017

Zitec, IT leader in Romania, specialized in developing customized software solutions and services, has concluded 2018 with revenues of over EUR 6 million, up by 22% as the previous year. For 2019, the company plans to develop the recent partnerships ...

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Bittnet Group triples net profit in 2018, reaching RON 4.88 M

On February 22nd, Bittnet (BNET) has published the Group’s preliminary financial results for fiscal year 2018. The economic cycle and the capital markets were favorable to Bittnet as the Group has registered consolidated revenues of RON 54 million, an increase ...

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Total revenues of Medicover, Synevo in Romania up by over 27% in 2018

Medicover Swedish private healthcare provider has announced the financial reports of the group and of the subsidiary in Romania for last year. The total revenues on the Romanian market have increased by 27.1% up to EUR 93.8 million in 2018 ...

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Purcari Wineries concluded 2018 with IFRS net income up 58%

Purcari Wineries Plc (the “Group”), the CEE’s leading wine producer, announced today consolidated preliminary financial results for 2018. Revenues were up 19%, to RON 169 million, with EBITDA and IFRS Net Income increasing 48% and 58% respectively, to RON 63 ...

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State budget draft reactions: PSD sends „special message” to President Iohannis, PNL and USR say it is a budget of lie

Social Democrats claim that, according to the 2019 state budget draft, the investments will increase, salaries and pensions will also rise, and local authorities will get more money. At the same time , they sent president Klaus Iohannis „a special ...

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