07.27.2015

Romania’s leading oil and gas producer OMV Petrom (SNP.RO), controlled by Austrian group OMV, is expected to post a net profit of almost 500 million lei in the second quarter of 2015, up 15% from more

07.22.2015

Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) registered a pre-tax profit of RON31.7 million in the first half of 2015, compared to just RON1.6 million in the same more

07.22.2015

The Romanian companies doubled their profit margin at 2.5% in 2014, at the expense of firing 230,000 people, according to ZF survey based on Trade Registry data. more

07.15.2015

SIF Banat-Crisana (SIF1.RO) posted a net profit of 43.6 million lei in the first half of 2015, threefold lower than the same period a year ago, mainly fueled by sale transaction early this year. more

07.14.2015

Ford Romania, the second most important carmaker in Romania, posted EUR912 million revenue last year, down 17% on 2013, according to Finance Ministry data. more

07.09.2015

Romanian insolvent hydropower producer Hidroelectrica posted a record profit of RON725 million in the firts half of the year, 42% higher than in the same period in 2014, when its earnings stood at more

07.08.2015

Raiffeisen and Banca Transilvania preserved their top two positions among the most profitable lenders in Romania last year and Citi climbed to third after a 44% increase in net profit. more

07.07.2015

Nuclear power producer Nuclearelectrica (SNN.RO) expects its 2015’s net profit to plunge 72%, hitting a three-year low, due to the small selling price of the electric power and high expenses with more

07.06.2015

• The revenue of the companies dropped by 25 billion lei (EUR5.6 billion) in 2013 compared with the previous year * Last year was the year with the highest net profit of the past three and with the more

07.03.2015

Romania's state-owned railway operator CFR SA posted a profit of RON73 million (EUR16.5 million) in January-May, the company said Friday. more

06.22.2015

Vega Turism, the operator of the five-star Vega Hotel in the Mamaia resort by the Black Sea posted 9% growth in revenue to 21 million lei (EUR4.7 million) last year, because of the rise in off-season more

06.19.2015

Mediplus, Farmexpert, Farmexim, Fildas and Polisano, the largest local pharmaceutical wholesalers, posted more than 210 million lei (EUR47 million) net profit together last year, an increase of 24% on more

06.17.2015

Provident, UniCredit Consumer Financing (UCFin) and Cetelem, the top three largest consumer credit firms in Romania, switched to an aggregated net profit of over 200 million lei (EUR46 million) in more

06.17.2015

Romanian state-owned postal company Posta Romana ended 2014 with a net profit of RON22.8 million (EUR5 million) ending a five-year losing streak. more

06.15.2015

The shareholders of Automobile Dacia, the largest carmaker in Romania and also the largest company in the country, approved payment of 335 million lei (EUR75 million) as dividends for the fiscal year more

06.13.2015

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) forecasts 15% higher revenues in 2015, at RON125 million, as it expects the low oil prices to boost trades of crude oil and gas through more

06.12.2015

The banking system posted 800 million lei (EUR179 million) profit in the first quarter and remained profitable in April, as well, Nicolae Cinteza, head of the Supervision Department of Romania’s more

06.10.2015

Coca-Cola HBC Romania, leader on the local soft drinks market, registered sales revenue of RON1.83 billion in 2014, up 1% on the year, according to ZF calculations based on Trade Registry data. more

06.09.2015

Swedish retailer IKEA, which operates a single store in Romanian capital city Bucharest, switched to profit in 2014, for the first time since its direct entry on the local market in 2010. IKEA Romania more

06.09.2015

Bacau-based do-it-yourself retail chain Dedeman, the largest Romanian-held company, overshot the 400 million (EUR90 million) mark in earnings for the first time, according to Trade Registry data, more

06.09.2015

The common denominator for the top players on an over 40 billion lei (EUR9 billion) fuel market with more than 2,000 gas stations was the rise in profits last year, since the sales trend did not more

06.04.2015

The Bucharest National Airport Company (CNAB) posted 14.5% higher turnover to RON150.3 million (EUR34.1 million) in the first quarter of 2015, from RON131.2 million in the year-earlier period, more

05.27.2015

The sales of the 19 cash&carry stores in the Selgros chain dropped to less than 3 billion lei (EUR672 million) last year for the first time during the crisis. more

05.26.2015

Romaqua Group, the largest Romanian beverage business, ended last year with 11.4 million lei (EUR2.6 million) net profit, eight times higher than in 2013, according to Trade Registry data. more

05.24.2015

Integrated electricity and natural gas supplier E.ON Energie Romania, a unit of Germany’s E.ON, is bearish about 2015 and expects 9% lower operating revenue of 4.8 billion lei (a little more than more