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Top 15 car part producers see higher sales, but lower profits
According to a ZF survey, the top 15 companies that operate in the car part industry derived a cumulated net income worth 11m euros last year, down from 39m euros, the level reported in 2006. "Investments are recouped over a longer period of time and there are...
Higher demand for Nike brings Elmec sales to 23m euros
Sales of Elmec Romania, a division of Greek clothing and footwear distributor Elmec Sport went up 34% in the first six months of the year, compared with the same time last year, and reached...
Steaua Romana refinery sees 10 times higher profit
Steaua Romana refinery in Campina posted a net profit worth 4.67 million RON (1.29 million euros) in the first half of the year, over 10 times higher than the profit derived in the similar p...
Prodlacta, 26% higher sales and rising profit
The turnover of dairy producer Prodlacta Brasov went up 26% in the first half of the year and reached 31.14 million RON (8.7 million euros), compared with 24.74 million RON in the first six...
Higher deliveries and price hikes drive Romgaz profit up 41%
Romgaz Medias, a company that covers about 30% of the nation's gas consumption, posted 285 million RON (77.6 million euro) net profit in the first half, an increase of 41% on the same time l...
Lemet posts 25% higher sales
Furniture manufacturer Lemet, one of the leading players on the furniture market, posted turnover worth 10 million euros in the first half of the year, up 25% against the same time last year...
Happy Tour, 15% higher turnover in H1
Happy Tour, the biggest domestic travel agency, which was taken over by Spain's GED investment fund late last year, posted turnover worth 27.5m euros in the first half of the year, up 15% ag...
Higher food costs melt forecast growth on ice cream market
Local ice cream producers have estimated that growth will be half of last year's level. The producers believe the increase in the price of basic food products will have a negative impact on...
MOL: Fuel sales up 10%, despite higher pump prices
Volumes of petrol and diesel oil sold are up 10% since the beginning of the year against last year, despite the unprecedented rise in pump prices, after oil prices repeatedly hit record high...