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Articles - Rezultate financiare

Romanian entrepreneurs score profits, multinationals record losses

Multinationals recorded a profit balance (cumulated profits minus cumulated losses) of RON 2.5 billion (EUR 564 million) in Romania, between 2008 and 2014, whereas companies controlled by local entrepreneurs made RON 55 billion (EUR 12.4 billion) in the same period.

Local assets bring 13 pct. of Immofinanz’s revenues

Austrian group Immofinanz, one of the largest players on the local real estate market, has obtained in the first quarter of the fiscal year 2014-2015, closed on 31st of July, revenues from rents in Romania of EUR 11.8 million, a similar value to the one registered in the same period of last year.

This year’s acquisitions increased Globalworth’s debts with EUR 162 million

Globalworth’s debts, the company owned by businessman Ioannis Papalekas, have increased in the first semester with nearly EUR 162 million, to EUR 363 million, reaching 44.9 pct. of the portfolio’s value, following the real estate projects acquisitions made this year.

Romanian businesses jump up one spot in Deloitte Central Europe Top 500

The largest Romanian companies present in Deloitte Central Europe Top 500 saw a median annual revenue growth of 5.3 percent compared to the regional rate of just 0.3 percent, shows data from the latest Deloitte study.

Architects in Romania had 170 million lei profit last year

The companies active in the field of architecture had registered a total turnover of 887 million lei in 2014, with 2 pct growth compared to the previous year, according from data released by the Ministry of Finances.

Globalworth reached over EUR 800 million real estate assets

Real estate developer Globalworth, founded and controlled by Ioannis Papalekas, reached in the end of the first semester a real estate portfolio evaluated at nearly EUR 809 million, with 12.7 pct increase compared to the end of the first quarter, following the completion of the acquisition of an office building within the Green Court project, developed by Sweden’s Skanska.

Top of Bucharest commercial centres: Baneasa, AFI and Unirea leaders according to rent

The 16 commercial centres in Bucharest have a total area of 1 million square meters and have exploitation incomes of 800 million lei/year. Mall sales represent 5.3 billion lei per year.

Wholesale and retail business up 6.1 pct in first four months

The turnover of wholesale trade and retail and car and motorcycles service increased by 6.1 percent in the first four months, unadjusted series, due to the advance in trade with motor vehicles (14.7 percent) and maintenance and car service (6.8 percent).

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