Rising
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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 months of last year, with the company's profit up from almost 200,000...
Rising oil prices add 40% to top four players' turnover
Petrom, Lukoil, Rompetrol and MOL Romania, the top four players on the Romanian market, whose sales account for over 90% of all petrol and diesel oil sold domestically, posted record figures...
Rising oil prices add 34% to Lukoil turnover
However, procurement expenses also increased and had a negative impact on the company's net income, after Lukoil Romania lost 33% of the net gains worth $17.6m (13.2 million euros), generate...
PwC: Rising wages and poor infrastructure obstruct foreign investors
The rising wages, the increasing shortage of a specialised workforce and the labour conflicts of recent months are eroding Romania's competitive edge as a destination for foreign investment...
Confectionery producers count on rising consumption
The acquisition of Kandia-Excelent by British company Cadbury, estimated at 600m euros, was the most important event on the confectionery and snacks market last year. After the arrival of Ca...
Cora: Rising food prices have not hurt sales yet
Eugen Zbircea, manager of Provera, the procurement centre for Cora, Profi and Albinuta stores, says the company's turnover could reach 313m euros this year, with part of the increase trigger...
How Romanian companies react to rising oil prices
Record high oil prices are affecting the entire economy forcing major players to adapt to problems never before seen on the market. Major agricultural producers are looking towards energy an...
Farmland prices set to triple due to rising food prices
The soaring prices of agricultural products in recent months have raised investors' interest in cultivating grain on ever-larger areas, which is driving up the price of agricultural land. At...
CEC anticipates rising demand in rural areas
The demand for banking services in rural and small urban areas has surged recently, although it is still lagging behind the potential of larger urban areas. "The market is witnessing solid g...