revenues
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BT Asigurari sees almost 20m-euro revenues in Q1
BT Asigurari (BT Insurance), a member of financial group Banca Transilvania underwrote gross premiums worth 67 million RON (19.8 million euros), up 49% on last year. The increase in gross un...
Real estate boom doubles revenues for consulting companies
Investments worth billions of euros, along with the presence of world-class investors, as well as the fact that Romania is one of the main targets for investors in the region are some of the...
CFR Calatori: 73% higher revenues in 2006
This year, CFR Calatori (CFR - The National Company for Railway Transportation) will invest 174 million RON (around 50 million euros) in acquiring coaches and in modernising its locomotives,...
Generali: bancassurance brings in 14% of revenues
Generali Asigurari estimates it will see revenues from bancassurance worth some 57 million RON (16 million euros) this year, given its sales partnerships with eight local banks. "In 2006, re...
Orange Romania's revenues up 29% to 283.3 million euros in Q1
Orange Romania's revenues increased in the first quarter of this year by 29.1% to 283.3 million euros, while the number of recorded customers increased by 16.4% to 8.271 million, according t...
Conferences account for almost half the revenues of Bucharest 5-star hotels
Conference and banqueting services account for between 30% and 50% of the turnover generated by five-star hotels in Bucharest. Investments have been made in conference halls and ballrooms by...
Rewe, second retail player to post over one billion-euro revenues
The sales of the German Rewe Group on the Romanian market exceeded one billion euros in 2006, witnessing a 34% growth compared with 2005. Rewe Group, the third-leading player in food retail...
Fiscal authority clings on to VAT revenues
From April 15 until the end of 2008, importers who bring commodities from outside the EU will again pay VAT at the customs office. The move comes three years after the old system was abolish...
ING Bank Romania's revenues up 15% in 2006
The total revenues of ING Bank Romania increased 15% last year, to 305 million RON (86.5 million euros), while the bank's assets surged by 6.5%, to 7.22 billion RON. The bank had posted 68 m...