05.16.2024

Discount store chain PENNY Romania, held by Germany's Rewe Group, announced on Thursday (May 15) that it ended 2023 with a turnover of over RON8.32 billion, up 16% compared to 2022. more

05.16.2024

Plastic packaging producer Romcarbon ended the first three months of 2024 with a net loss of RON1.5 million at an individual level, from a positive result of RON3.2 million in the same period of 2023. more

05.16.2024

Arctic Stream, an IT security and infrastructure integrator, for the first three months of 2024 reported RON1.98 million net profit, down 10% from the year-earlier period, and RON1.8 million operating more

05.16.2024

Patria Bank in the first three months of 2024 recorded net profit worth RON8 million, up 171% from the year-earlier period. The result incorporates the new tax on turnover of 2% applicable to credit more

05.16.2024

Chemicals producer and supplier Chimcomplex switched to profit of RON7.4 million in the first three months of 2024, after a RON8.3 million loss in Q1/2023. more

05.16.2024

ProVision Software, the largest IT security solutions distributor locally, for 2023 reported the largest net profit in its 27-year history. more

05.16.2024

Fuchs Condimente, the leader of the local spice and food ingredients market, ended 2023 with RON180 million turnover, up 28% from 2022. more

05.16.2024

Real estate developer Impact Developer & Contractor (IMP.RO), reported net loss of RON7.5 million for the first quarter of 2024, compared to loss of RON8 million in the same period of 2023, as per its more

05.16.2024

ROCA Industry, the first industrial holding in Romania, specialized in construction materials, listed on the main market of the Bucharest Stock Exchange under the symbol ROC1, recorded a cumulative more

05.16.2024

Electricity supplier and distributor Electrica (EL.RO) reported net profit of RON127.7 million for the first quarter of 2024, compared to net loss of RON43 million in the same quarter of 2023, as per more

05.15.2024

Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) ended the first quarter of 2024 with net loss of RON5 million, from RON3.5 million profit in the same period of 2023, as per its financial more

05.15.2024

Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) reported net profit of RON13 million for the first quarter of 2024, down 28.1% from the same period of 2023. more

05.15.2024

Drugmaker Zentiva (SCD.RO), held by Prague-based Zentiva Group, reported net profit of RON74.2 million for the first quarter of 2024, compared to RON42.7 million in the same period of 2023, and a more

05.15.2024

Port operator Socep Constanta (SOCP.RO) reported total revenue of RON51.5 million for the first three months of 2024, up 3.5% from the same period of 2023, as per its financial report. more

05.15.2024

Fondul Proprietatea reported operating revenue of RON900,000 for January-March 2024, compared to RON13.6 million in the same period of 2023, and loss of RON5.8 million, half the level reported in the more

05.15.2024

Alternative investment fund Infinity Capital Investments in the first three months of 2024 registered a RON3.17 billion net asset, the highest in the past ten years. more

05.15.2024

Antibiotice Iasi, the largest Romanian-owned drug manufacturer, saw revenues reach an overall RON192.5 million level, 13% higher than in the year-earlier period. more

05.15.2024

Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers on the local market, ended the first quarter of 2024 with net profit of RON0.85 million, down 80.4% on the year, and a more

05.15.2024

Natural gas producer and supplier Romgaz (SNG.RO) ended the first quarter of 2024 with net profit of RON1.24 billion, up 28.4% from the same period of 2023 and up 98.6% versus the fourth quarter of more

05.15.2024

Wine maker Purcari Wineries in the first three months 2024 generated RON81.6 million revenues, up 11%, while net profit shrank by 15% to RON10.8 million amid a high base of the same period of 2023 and more

05.15.2024

Romania’s state-run natural gas transmission company Transgaz in the first quarter of 2024 posted consolidated operating revenue from the balancing and construction activity, according to IFRIC 12 more

05.15.2024

Telecom operator Digi reported EUR25.6 million net profit in the first quarter of 2024, against EUR10.8 million in Q1/2023, while sales climbed to EUR445 mllion. more

05.15.2024

Sphere Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, in the first quarter of 2024 posted the best Q1 profit in the group’s history, of RON21 million, more

05.15.2024

Alu Menziken, a company part of Montana group founded by Austrian entrepreneur Michael Tojner, for 2023 reported turnover worth RON477.6 million (EUR96.6 million), down 6.7% from 2022. more

05.15.2024

Bucharest-based Eco Clean, a business founded in 2000 by two Romanian entrepreneurs, which owns 12 green laundries and cleaners, ended the first quarter of this year with 5% lower turnover on the more