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

06.10.2021

The turnover of the hospitality industry in Romania dropped 35% in 2020, to RON17.9 billion, due t pandemic restrictions, while the total losses of all companies in the industry tripled to RON2.3 more

06.10.2021

Four of the eight projects developed by the Iulius Group of businessman Iulian Dascalu posed losses in 2020, while the other four saw their profits shrink year-on-year in 2020, the data the developer more

03.05.2021

Almost 60% of the lenders in Romania (20) posted profit in 2020, while 14 were in the red, Romania’s central bank data show. more

02.23.2021

Fondul Proprietatea (FP.RO) proposes a dividend of RON0.072 per share from profits left undistributed in 2016 and 2017, after reporting a RON102.9 million net loss for 2020. more