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CarpatCement turnover up 37%
CarpatCement Romania (through its three divisions - cement, concrete and aggregates) posted 44m-euro turnover in H1 this year, up 37.5% from the year-ago period, mainly due to the acquisitio...
Gedeon Richter up 32.6%
The leading Hungarian drugmaker Gedeon Richter, which holds Armedica Targu Mures factory in Romania, logged 32.6% higher sales on the Romanian market in H1. According to company officials, t...
Connex H1 revenues up 21% in dollars
MobiFon, the leading GSM mobile telephony operator in Romania in terms of customer base and owner of the Connex brand, ended the second quarter with $127.1 million in service revenues, up 23...
Antibiotice profit up, receivables outrun sales
Drugmaker Antibiotice Iasi posted significant profit and turnover growth in real terms in H1, albeit failing to overcome the existing financial difficulties caused by the Romanian healthcare...
Imports push current account deficit up
Five months through the year, Romania's current account deficit had gone beyond one billion dollars. If calculated in euros, the imbalance had reached 967 million euros, up 46.7% from the sa...
Lafarge's Romanian operations up
French construction supplies group Lafarge has seen "strong growth" in Romania and other markets, albeit its global turnover in H1 went down 11% from last year. "The good conditions on the m...
Fornetti speeds up expansion pace
The consumers' appetite for pastry has made pastry producer Fornetti Romania speed up the expansion plans it had decided to carry out eighteen months ago when it opened for business.Fornetti...
Subaru and Daewoo up Radacini sales
Radacini group posted over 300bn ROL ($9m) sales in the first five months this year, 40% higher than in the year-ago period. "The increase posted so far will remain constant throughout the y...
Flamingo Computers revenues up 10%
IT equipment dealer Flamingo Computers ended H1 with $29 million turnover, up 10% compared to the January 1 - June 30, 2002 period. The revenues were derived mainly from distribution (70%),...