revenues

Romania has reported a budget deficit of 4.6% of GDP in 2019, according to the preliminary budget execution released by the Ministry of Finance, which means the deficit is 0.2 pc higher than the one estimated through the rectification last…

In 2018, Romanians allocated over 10% more money each month for purchasing medication compared to 2017. Strenghts: Half the companies (50%) registered an increase of the net result, while almost three quarters registered a net…

Telekom Romania group has announced key performance indicators for the 2019 third quarter, ended September 30, 2019, as reported today by OTE Group. The financial performance for the quarter shows that the transformation programs initiated…

The latest results of the FIC Business Sentiment Index released today reveals the foreign investors' trust in the legislative environment remains low following the debacle of Emergency Ordinance No. 114/2018, yet noting that "it has not…

Safetech Innovations, one of the players on the Romanian information security market, ended the first half of 2019 with RON 4,9 million in revenues, a 22% increase compared to the same period of 2018. The net profitability has doubled in…

Purcari Wineries Plc wine producer has released today the results for the first half of 2019. Revenues were up 25% reaching 87.8 RON million, while adjusted EBITDA and adjusted Net Income increased YoY by 30% and 35% respectively, to 30.1…

Garanti Group Romania, which brings together Garanti Bank, Garanti Leasing and Garanti Consumer Finance, registered, in the first six months of 2019, its best performing semester in Romania, thanks to effective loan portfolio management and…

Medicover, an international company providing healthcare and diagnostic services has released the interim report for the first half of the year. The company reported a 24.6% revenue increase compared with the same period of last year to EUR…

Finance Ministry Eugen Teodorovici said on Tuesday the Government has money for investments, expenditures on wages and pensions this year, adding however that if a public expense may be adjusted, this should be done. Asked if the paper…

The consolidated state budget deficit in the first four months of the year is of RON 11.4 billion, i.e. 1.11% of the estimated GDP for 2019. The outcome is by 70% weaker than in the same period last year, when the deficit was 0.65% of…