10.13.2021

Electric motor plant Nidec in Oradea, held by Japan’s Nidec group, posted RON134.6 million (EUR27.9 million) revenue in 2020, 17% lower than the RON163.6 million (EUR34.5 million) in 2019, Finance more

09.22.2021

Following the sale of half of its ownership stake in state-run nuclear power producer Nuclearelectrica (SNN.RO), in June 2021, EVERGENT Investments cashed dividends on the entire position and made a more

09.20.2021

Agroland Business Systems (AAB.RO), which operates a chain of farm and garden supplies stores, ended the first half with RON128 million revenue, an increase of 5% on the year-ago period, as well as more

09.16.2021

Automotive plastic parts and subassembly manufacturer Oechsler Romania, the local subsidiary of Germany’s Oechsler group, posted about RON154.8 million (EUR32.1 million) revenue in 2020, a decrease more

09.15.2021

Romanian engineering and technology company Simtel Team (SMTL.RO), listed on the AeRO market of the Bucharest Stock Exchange, posted record high revenue of RON18.5 million in the first half of 2021, more

09.15.2021

Heraeus Romania, a maker of adhesives for the electronics industry and the local subsidiary of Germany’s Heraeus group, ended last year with RON227.6 million (EUR47.2 million) revenue, an increase more

09.15.2021

Apparel manufacturer Secuiana in Targu Secuiesc, Covasna, posted RON23.7 million (EUR4.9 million) revenue in 2020, a decline of 30% from the RON34 million (EUR7.2 million) of 2019, Finance Ministry more

09.10.2021

Maribo Prodcarn, producer of cold cuts Marisan, owned by Anghel family, doubled its profit in 2020, to over RON1.7 million (EUR365,000) from a net gain of over RON798,000 (EUR168,000) in 2019, in line more

09.06.2021

SafeTech Innovations (SAFE.RO), a Romanian cybersecurity service provider, posted RON13.2 million operating revenue in the first half, an increase of 120% on the year-ago period, while the net profit more

09.06.2021

Bucharest-based pharmaceutical company Slavia Pharm posted a slight increase in revenue, 3%, to RON38.8 million in 2020, Finance Ministry data show. more

09.02.2021

All large banks in Romania reported higher profits for 1H/2020 against the same period in 2020 amid weakening pandemic fallout and declining risk and provision costs, but also in the wake of rising more

09.02.2021

Bearings manufacturer Timken Romania, the local subsidiary of US’ Timken group, posted about RON492.6 million (EUR102.2 million) revenue in 2020, an increase of 11.5% year-on-year, ZF has calculated more

09.01.2021

Romanian industrial group Promateris (PPL.RO) posted RON84.74 million consolidated revenue in the first half, an increase of 60% on the year-ago period. Consolidated net profit stood at RON9.4 more

08.30.2021

Turbomecanica (TBM.RO), Romania’s only maker of turbojet parts and mechanical assemblies for aircraft, in the first six months of this year generated revenues of RON52 million, 3% lower than in the more

08.26.2021

Romania’s banking system reached a profit of RON3.732 billion at the end of the first five months of 2021, according to a presentation released by Cristian Popa, member of the Board of Directors of more

08.25.2021

Uniqa Asigurari reported gross underwritten premiums worth EUR18.7 million, for the first half of this year, on the non-automotive insurance segment, up 3% from the same period of 2020, while Uniqa more

08.23.2021

Transport Trade Services (TTS.RO), the largest freight carrier on the Danube, on Monday announced it concluded the first half with RON27.3 net million profit, an increase of 44.4% on the year-ago more

08.11.2021

Sweets producer Mars Romania, part of the Mars group, one of the largest foods businesses in the world, ended 2020 with RON568 million revenue, 3.4% lower year-on-year, data from financial analysis more

08.10.2021

Construction material manufacturer Macofil Targu Jiu (MACO.RO), a company with a market capitalization of RON45 million, ended the first half with RON4.9 million net profit and RON26.6 million more

08.10.2021

Grain trader COFCO International Romania (formerly Nidera), part of China’s largest agri-food group COFCO, posted its highest profit ever, almost RON60 million, in 2020, five times higher than in more

08.06.2021

Romanian-held Laboratoarele Fares Bio Vital, posted almost RON102.7 million (EUR21.3 million) revenue in 2020, an increase of 25% year-on-year from the RON81.9 million (EUR17.3 million) of 2019, ZF more

07.30.2021

Banca Transilvania (TLV.RO) on Friday evening notified the Bucharest Stock Exchange of its plans to distribute cash dividends from 2020 profit and net profit reserves of 2019. more

07.30.2021

Romania’s 20 largest builders posted RON657 million profit together last year, almost double the 2019 level, ZF has found from the data centralized for the 2021 edition of the “Cei mai mari more

07.29.2021

Dalli Production Romania, the local subsidiary of Germany’s Dalli group, which owns a detergent plant in Timisoara, posted more than RON434.3 million (more than EUR90 million) revenue in 2020, an more

07.27.2021

Linde Gaz Romania, the local subsidiary of the Linde Plc. group, the largest supplier of industrial gasses in the world, posted RON660.9 million (EUR137.1 million) revenue, 3% lower than the RON683 more