06.02.2023

Liberty Galati, the largest integrated steel producer in Romania, posted RON822 million loss in 2022 compared with RON1.4 billion net profit in 2021, Finance Ministry data show. more

05.15.2023

Drilling company Dafora Medias (DFR.RO) ended the first quarter of 2023 with RON7.6 million revenue, an increase of 458% on the year-ago period, as well as RON1.4 million loss compared with RON2.7 more

04.28.2023

Furniture and home décor retailer Vivre announced RON34 milion losses for 2022, compared with RON85 million the previous year and 50% lower revenue, RON114 million. more

03.01.2023

Financial investment company SIF Muntenia (SIF4.RO) posted RON93 million net loss in 2022, after a RON405 million net profit in the previous year, the preliminary unaudited financial report on the more

03.01.2023

Drilling company Dafora Medias (DAFR.RO) posted RON11.9 million revenue in 2022, 85.8% lower than the RON83.6 million of the previous year, ZF has calculated from the data in the company’s financial more

03.01.2023

BRK Financial Group (BRK.RO), the only stockbroker listed on the Bucharest Stock Exchange, posted RON19.77 million consolidated loss in 2022, compared with RON16.3 million consolidated net profit in more

02.01.2023

The shortage of skilled workers has been a problem affecting European manufacturers for several years, and estimates show that by 2050 the European labor market will lose 91 million employees, of more

12.15.2022

The fifth edition of the Financial Reporting of European Banks report by Mazars, the international audit, tax and advisory services company, focuses on European banks’ expected credit loss (ECL) more

11.14.2022

Alro Slatina Group, one of the largest vertically integrated aluminum producers Europe, saw its net losses widen to RON110 million in the first nine months of 2022 from the RON25 million in the more

11.10.2022

OTP Bank Romania, the local subsidiary of Hungary’s largest banking group posted RON15 million loss in the first three quarters of 2022, largely due to the increase in total provisions to RON151 more

11.04.2022

Romanian electrical component producer Romradiatoare Brasov, whose shareholding structure includes football couch Mircea Lucescu, registered RON1.48 million net losses in the first nine months of more

10.03.2022

Romaero Bucharest (RORX.RO), a strategic company for the Romanian aerospace and defense industry, ended the first half of 2022 with RON26.8 million net loss, up from the RON22.5 million loss in the more

10.03.2022

Stanleybet Capital, a superstructure of the Game World Group, one of the leading sports betting and gambling operators in Romania, ended the first half of 2022 with consolidated losses of RON19.84 more

08.31.2022

Romanian cable manufacturer Romcab Targu-Mures, a company undergoing judicial reorganization, for the first half of this year reported RON1.12 billion operating revenues, up 30%, amid 34% higher sales more

08.18.2022

State-run electricity distributor and supplier Electrica (EL.RO) posted RON175.5 million loss in the first half of 2022, compared with a RON76.1 million profit in the year-ago period. more

08.17.2022

Euroins Romania, the largest insurance company on the local market after the collapse of City Insurance, ended 2021 with a loss of RON19 million and last year was its third in the red in a row, more

06.06.2022

VOS Logistics Cargo, the local subsidiary of Netherlands’s VOS, posted RON473.6 million (EUR96.3 million) revenue in 2021, an increase of 9% on the previous year, ZF has calculated from Finance more

06.06.2022

Telekom Romania Communications, the former fixed telephony monopoly Romtelecom, returned to net losses and posted lower revenue in 2021, the year it became part of France’s Orange Group, which more

05.20.2022

Faurecia Romania, the local subsidiary of France’s Faurecia, posted RON1.038 billion (EUR211 million) revenue in 2021, 1% lower year-on-year, ZF has calculated from Finance Ministry data. more

05.16.2022

Alro Slatina, one of the largest vertically integrated aluminum smelters in Europe and the largest electricity consumer in Romania, posted RON18 million losses in the first quarter, down from the more

11.26.2021

Furniture manufacturer Elvila (ELV.RO) ended the first nine months of 2021 with a loss of RON1.54 million, compared with a net profit of RON1.78 million in the same period of 2020, while revenue stood more

11.19.2021

Home appliances manufacturer Electroarges (ELGS.RO) recorded net profit of about RON603,000 in the first nine months of the year, compared with RON4.9 million loss of in the same period in 2020. more

11.16.2021

ArcelorMittal Hunedoara (SIDG.RO), a steel mill owned by ArcelorMittal, ended the first nine months of 2021 with a net loss of RON17.9 million, compared with a net loss of RON31.4 million in the same more

11.04.2021

Grain and oilseeds trader Soufflet Agro Romania posted RON217.9 million (EUR45.2 million) revenue in 2020, 40% lower than the RON362 million (EUR76.4 million) revenue of 2019, Finance Ministry data more

09.22.2021

Furniture manufacturer Artemob International posted RON121 million (EUR25.1 million) revenue in 2020, a decrease of 15.5% year-on-year, ZF has calculated from Finance Ministry data. more