09.07.2016

Most banks in Romania, namely, three quarters of the total number of credit institutions, reported profit in the first half of 2016. more

08.31.2016

Greek lender Alpha Bank registered a gross profit of EUR6.3 million in Romania in the first half of 2016, due to higher operating revenue and lower provision levels, according to data released by the more

08.30.2016

Idea Bank switched to profit in the first half of the year, to RON7.1 million (EUR1.6 million) from a loss of around RON9 million in the same period last year, according to data released by its mother more

08.25.2016

Libra Internet Bank reported a net profit of RON25 million in the first half of 2016, up 111% against the same period a year ago, and its assets rose 41% to RON2.86 billion. more

08.25.2016

Romanian state-owned company Santierul Naval 2 Mai (STNM.RO), partner of Korean group Daewoo within shipyard Santierul Naval Mangalia, reported a net profit of RON264,000 in the first half of 2016, up more

08.25.2016

Drugmaker Sintofarm Bucuresti (SINT.RO) reported a net profit of over RON78,000 in the first half of 2016, up 128% against the same period a year ago. more

08.22.2016

Romania’s banking system posted about 2.4 billion lei (EUR537 million) net profit in the first half so the profit may come close or even be higher than in the last year of economic boom, 2008, when more

08.17.2016

BCR, BRD-SocGen and Banca Transilvania, the three largest lenders in Romania, posted about 1.5 billion lei (EUR330 million) profit together in the first half, an increase of 50% on the year-ago more

08.16.2016

Romanian natural gas transmission company Transgaz (TGN.RO) on Tuesday reported a 12% decline in net profit for the first half of the year, to RON282 million, on reduced demand for natural gas. more

08.16.2016

Romanian electricity distribution and supply company Electrica (EL.RO) on Tuesday reported a net profit of RON336 million for the first half of the year, 21% higher than in the same period a year ago. more

08.15.2016

Banca Transilvania (TLV.RO), the third largest bank in Romania by assets, saw an almost 50% rise in operating income in the first half, largely because of the interest income and posted 458.3 million more

08.12.2016

Bucharest Stock Exchange group (BVB.RO), which includes Bucharest Stock Exchange, Central Depository, Bucharest Compensation House and Investor Compensation Fund, reported a profit of RON1.8 million more

08.12.2016

Romanian power grid operator Transelectrica (TEL.RO) Friday reported a net profit of RON142 million for the first half of the year, down 32.6% compared with the same period a year ago. more

08.12.2016

Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Friday reported a 19.7% decline in net profit in the first half of the year compared with the same period a year ago, to RON615 more

08.12.2016

Romanian real estate developer Impact Developer&Contractor (IMP.RO) doubled its profit to RON13.7 million in the first six months on the backdrop of higher two-room apartment sales triggered by the more

08.12.2016

Romanian aluminum smelter Alro Slatina (ALR.RO) on Friday reported a net profit of RON39 million for the first half of the year, down from RON68 million in the same period last year. more

08.10.2016

South-African investment fund New Europe Property Investments (NEPI), the largest player on the Romanian real estate market, registered a net profit of EUR67 million in the first half of 2016, more

08.10.2016

ING Romania reported a net profit of RON278 million in the first six months of 2016, up 79% on the year, mainly due to the sale of Visa shares in the second quarter of the year and due to lending more

08.10.2016

Romania's largest company OMV Petrom (SNP.RO), majority owned by Austria's OMV, on Wednesday reported a net profit of RON117 million, down 83% compared with the same period last year, citing declining more

08.09.2016

Agricover Credit IFN, the lending division of Agricover group, registered a net profit of RON14.6 million in the first half of 2016, up 42% compared with the same period a year ago. more

08.05.2016

Romania's largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), reported a net profit of 636 million lei (EUR141.5 million) in the first half of the year, due to an improved loan more

08.03.2016

Romanian second largest lender BRD-Groupe Societe Generale (BRD.RO) on Wednesday reported a net profit of RON381 million for the first half of 2016, up 63.5% from the year-earlier period. more

07.29.2016

Shopping center operator Cocor Bucuresti (COCR.RO) reported a turnover of RON6.261 million in the first half of 2016, similar with the level reported in the same period a year ago. more

07.15.2016

Investment fund Fondul Proprietatea (FP.RO), with a stock market value of RON8.34 billion, reported a net profit of RON540.74 million at the end of June, from a loss of RON95 million at the end of more

07.15.2016

Companies export profits from Romania via overpriced acquisitions, management fees and even via millions of euros in fees for lawyers and consultants. more