RENANIA: Increase of 16% of business and profit in the first nine months

Renania, one of the leaders of the local safety equipment market, registered a 16% increase in turnover for the first nine months of this year, up to 16 million EUR a current ascending pace being estimated for the entire financial year. Furthermore, for the mentioned period, the company's profit increased throughout by 16%. Renania has over 10,000 customers and more than 1,500 products in its portfolio, among which are helmets, gloves and safety shoes for both construction workers and other industries. The company, founded in 1995 by the businessmen Orlando and Roland Szasz, from Târgu Mureş, ended 2013 with total sales of 20 million EUR.