11.25.2019

Lender ING Bank Romania, the local division of Dutch group ING, on Monday said its net profit grew 13% on year in the first nine month of 2019, to RON599 million, while its revenues grew 13%, to more

11.19.2019

Romanian state-owned hydropower producer Hidroelectrica posted a turnover of RON3.3 billion in the first nine months of 2019, up 2% on the year, and its net profit dropped 22%, to RON1.3 billion. more

11.18.2019

Romanian conveyor belt maker Artego Targu-Jiu (ARTE.RO) said Monday its net profit grew 38% on the year in the first nine months of 2019, to RON7.6 million, while its turnover grew 6.8%, to RON122.8 more

11.18.2019

Lender Patria Bank (PBK.RO), owned by Emerging Europe Accession Fund (EEAF), posted a net profit of RON5.8 million in the first nine months of 2019, compared with a loss of RON19.8 million in the same more

11.12.2019

Rolling stock maker Atelierele CFR Grivita (ATRD.RO) has summoned shareholders for Dec 9 to approve the sale and to set a minimum sale price for a 7,500 sqm plot of land and constructions of around more

11.12.2019

Libra Internet Bank said Tuesday it registered a net profit of RON91 million in January-September, 21% higher compared with the same period in 2018, and targets a full-year profit of RON95 million. more

11.07.2019

Swedish-held private medical service provider Medicover, present in Romania though Medicover clinics and the Synevo laboratory division, had revenues of EUR89 million in the first nine months of 2019 more

11.06.2019

BRD SocGen, the third largest bank in Romania by assets, said Wednesday it recorded a net profit of RON1.2 billion in the first nine months of 2019, up 11% on the year, and its net banking income grew more

11.01.2019

Cluj-based software company Life is Hard (LIH.RO) posted a net profit of RON643,511 for the first nine months, up 67.4% on the year, while its turnover dropped 8.1%, to RON3.4 million. more

10.31.2019

Regional investment fund SIF Moldova (SIF2.RO), with stakes in Banca Transilvania, Romgaz and Transgaz, Reported on Thursday a net profit of RON112.8 million for the first nine months, up 81.7% on the more

10.30.2019

OMV Petrom (SNP.RO), the largest Romanian oil and gas company, on Wednesday reported consolidated sales of RON18.2 billion for the first nine months of 2019, up 13% on the year, and a net profit of more

10.29.2019

Orange Romania, one of the leading telecom operators in Romania, posted a turnover of EUR279 million in the third quarter of 2019, down 2.8% on the year, on lower demand for equipment, it said in a more

09.30.2019

Plastic items manufacturer Prodplast (PPL.RO) reported a consolidated turnover of RON38 million in the first half of the year, up 63% compared with the same period of 2018. more

08.22.2019

Credit Europe Bank Romania, a member of Dutch financial group Credit Europe Bank, on Thursday said it registered a gross profit of RON39 million in the first half of the year, compared with RON44 more

08.19.2019

Lender Patria Bank (PBK.RO), owned by Emerging Europe Accession Fund (EEAF), posted a net profit of RON2.8 million in the first half of 2019 from a net loss of RON23 million in the same period last more

08.14.2019

Romanian state-run power grid operator Transelectrica (TEL.RO) on Wednesday reported a net profit of RON30 million for the first half of the year, down 69% on the year, while revenues declined 4%, to more

08.14.2019

Romanian car parts manufacturer Compa Sibiu (CMP.RO) on Wednesday reported a turnover of RON398 million for the first half, up 2.67% on the year, and a net profit of RON23 million, down 9.49% on the more

08.14.2019

Digi Communications (DIGI.RO), the third largest player on the cable market in Europe, on Wednesday reported 18% growth in revenues for the first six months, to EUR575.2 million, of which EUR368 more

08.14.2019

Pharmaceutical producer Zentiva Romania (SCD.RO), 95.9% owned by Czech Zentiva Group, on Wednesday reported a net profit of RON48.9 million, up 36% on the year. more

08.14.2019

Romanian state-owned hydropower producer Hidroelectrica posted a turnover of RON2.3 billion in the first half of the year, up 18%, but its profit dropped 8.3%, to RON901.5 million, according to the more

08.14.2019

Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Wednesday reported a net profit of RON975 million for the first half of the year, up 24.7% compared with the first half of 2018. more

08.14.2019

Romanian state-owned energy utility group Electrica (EL.RO) on Wednesday reported a consolidated net profit of RON109 million for the first half of the year, down 48%, after a RON41 million loss in more

08.14.2019

Romania's natural gas transmission company Transgaz (TGN.RO) on Wednesday reported a 30% drop in net profit for the first half of the year, to RON 195 million. more

08.14.2019

Romania's nuclear power producer Nuclearelectrica (SNN.RO), operator of the power plant in Cernavoda, on Wednesday reported a net profit of RON290.66 million for the first half of the year, 59.4% more

08.14.2019

Romanian lender Banca Transilvania, the largest bank on the local market, reported a net profit of RON848 million in the first half of the year, 27.9% higher com,pared with the first half of 2018. more