05.31.2022

The net profit generated by the entire Romanian banking system at the end of the first quarter of 2022 touched a new record high of RON1.96 billion, up 3.7% from the level reported in the same period more

05.30.2022

ING Bank posted RON276 million net profit in the first quarter of 2022, 67% higher than in the year-ago period, while revenue rose 23% to RON667 million. more

05.27.2022

Alpha Bank, ranked among the top ten largest lenders in Romania by assets, on Friday reported an operating profit of EUR5.6 million for the first quarter of 2022, up 143% from EUR2.3 million in the more

05.20.2022

CEC Bank posted RON54.2 million net profit in the first quarter of 2022, as well as RON50.4 billion assets, an increase of 19% on the year-ago period, higher than the overall banking system’s more

05.20.2022

Footwear retailer Benvenuti, held by Romanian entrepreneur Dan Pavel, posted almost RON123.4 milion (EUR25 million) sales in 2021, an increase of 26.5% on 2020, ZF has calculated from Finance Ministry more

05.17.2022

Construction material manufacturer Cemacon Cluj (CEON.RO) posted RON16.5 million net profit in the first quarter of 2022, 130% higher than in the corresponding period of last year, it said in a report more

05.17.2022

Romanian packaging maker Promateris (PPL.RO) posted consolidated re venue of RON42.7 million in the first quarter of 2022, an increase of 22% on the year-ago period, RON4.6 million EBITDA and RON1.2 more

05.17.2022

Patria Bank in 1Q/2022 reported net banking income of RON41.5 million, flat from the year-ago period, determined by the evolution of revenues from financial activity affected by market conditions and more

05.16.2022

Fondul Proprietatea (FP.RO) posted RON826.1 million net profit in the first quarter of 2022, an increase of 17.8% on the RON701.4 million of the year-ago period, ZF has calculated from the data in the more

05.06.2022

Banca Transilvania (TLV.RO) financial group made RON400 million consolidated net profit in the first quarter of 2022, down 39% from the RON656 million of the same time in 2021, ZF has calculated from more

05.04.2022

Raiffeisen Bank posted RON218 million net profit in the first quarter of 2022, an increase of 10% on the first quarter of 2021. more

04.29.2022

Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2022 with net profit worth RON477.5 million (EUR96.5 million), up 12.5% from RON424.6 million (EUR87.0 more

04.28.2022

Libra Internet Bank posted RON181.14 milion net profit in 2021 and a net loan volume of RON5.4 billion, more than 17% higher than in 2020 (RON4.63 billion), amid a balanced niche strategy. more

04.28.2022

ABN Systems International (ABN.RO), the owner of the Tellur brand, ended 2021 with RON108.7 million (EUR22 million) revenue, an increase of 16.2% on the previous year, while the net profit rose 67.8% more

04.26.2022

TeraPlast Group (TRP.RO) posted RON6.8 million net profit in the first quarter of 2022, compared with RON200.6 million in the first quarter last year, while revenue from its contracts with customers more

04.20.2022

Amigo & Intercost, a beverage distribution company based in Odorheiu Secuiesc, Harghita County, posted RON12.3 million (EUR2.5 million) net profit in 2021, up 47% from the almost RON8.4 million more

04.14.2022

Softbinator Technologies (CODE.RO), a Romanian software developer specializing in designing, developing and launching innovative products, has published its 2021 report and kept the budget estimates more

04.13.2022

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler Group, posted revenue of RON2.6 billion (EUR528.5 million in 2021, as well as net profit of RON96.7 million (EUR19.7 million) and had more

04.01.2022

Alpin 2003, managing hotel complex Alpin Resort Hotel, controlled by businessman Claudiu Aron, one of the biggest tourism players in Poiana Brasov resort, ended 2021 with RON36 million turnover, from more

03.28.2022

Hidroelectrica, Romania's largest electricity producer and the most profitable state-owned company, has budgeted total revenue of RON7.4 billion for 2022, up 11% from 2021, while net profit is more

03.28.2022

Pharmaceutical manufacturer Biofarm (BIO.RO) expects 16% higher revenue compared with RON239 million of 2021, as well as 15% higher EBITDA from about RON82 million last year. more

03.24.2022

Brasov-based roofing systems maker Bilka, owned by entrepreneur Horatiu Tepes, went beyond RON245 million in terms of profit in 2021, leading to a 22% gain margin. The figure was more than double the more

03.22.2022

The Board of Directors of Rompetrol Well Services (PTR.RO), the oil services division of Rompetrol Group, is summoning its shareholders on April 27, 2022 to discuss, among others, the distribution of more

03.22.2022

Romanian software solution development and implementation company and IT and Cloud infrastructure provider Bento (BENTO.RO) ended 2021 with RON27.3 million revenue, an increase of 78% year-on-year and more

03.22.2022

ING Bank Romania made net profit of RON1.03 billion in 2021, up 109% compared with 2020, while total revenue rose to RON2.35 billion, up 11%. more