01.19.2015

Romania's five regional investment funds (SIFs) ended 2014 with about 687 million lei (EUR152 million) profit and investors are now calculating how much of it will go to shareholders as dividends. more

01.14.2015

Romanian state-run companies’ revenues increased by RON6.49 billion in 2013 and the gross profit of the 228 active state-owned economic operators stood at RON2.74 billion, according to a report more

01.14.2015

Most of the energy companies listed on the Bucharest Stock Exchange are preparing to pay the highest dividends ever to their investors after a 2014 when utility companies posted record profits. more

01.08.2015

Pastry shop chain Fornetti Romania, which switched to profit last year and had sales of over RON100 million, hopes to exit insolvency this year. more

12.12.2014

The profit of investment fund Fondul Proprietatea (FP.RO) increased by RON33.2 million in November, after four months of decline, reaching RON1.01 billion (EUR227.3 million) in January-November, more

12.09.2014

Romania's state-owned postal operator Posta Romana will end this year with an operating profit of RON74.3 million, from losses of RON35 million in 2013 and RON52 million in 2012, the Ministry for more

12.04.2014

Omniasig underwrote premiums of RON582 million in January-September, down 8% on the year, and reported a net profit of RON2.2 million from a loss of RON20 million in the same period last year. more

12.03.2014

Insurer BCR Asigurari de Viata posted a net profit of RON17.3 million in January-September, from losses in the same period last year, after cutting administrative costs by 40% and changing the more

11.17.2014

Sweets company Ferrero Romania posted 96.6 million lei (EUR22 million) revenue in the first half, an increase of 25% on the year-earlier period, according to publicly available information. more

11.14.2014

South-African investment fund New Europe Property Investment (NEPI) on Friday said its profit attributable to stockholders rose 26.2% to EUR45.35 million in January-September 2014, due to nearly 60% more

11.14.2014

Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) saw its profit drop to half in the first nine months of the year, to RON7.88 million, as expenses rose 11.6%, the more

11.12.2014

Romanian state-owned hydropower producer Hidroelectrica estimates a record high profit for 2014, at around 1.1 billion lei (almost EUR250 million), the company said in a statement Wednesday. more

10.30.2014

Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) reported net sales of RON175.56 million (EUR39.47 million) in the first nine months of the year, up 0.7%, and its net profit rose 58%, to more

10.29.2014

Romania's state-owned postal operator Posta Romana will end the year with a profit of RON65 million, after six years of losses, Minster for Information Society Razvan Cotovelea said Wednesday. more

10.22.2014

Sales of Heineken, the world's third largest beer producer by volume, declined in Romania in the third quarter of the year, reflecting continued challenging trading conditions and the effect of more

10.20.2014

Cotroceni Park SA, the operator of the AFI Palace Cotroceni mall, one of the key shopping destinations in Bucharest, posted EUR29.1 million net profit last year, five times higher than in 2012 and a more

10.16.2014

Just one third of the nearly 520,000 small and medium-sized companies that operated in Romania last year managed to rake in profits of above EUR1,000 at the end of the 12 months. more

10.15.2014

Romanian energy producer Hidroelectrica, the country’s biggest, in the first nine months of this year generated gross profit worth 817 million lei (EUR185 million), up 20% from the year earlier more

10.13.2014

Non-bank financial institutions (NBFI), a segment that includes consumer finance and leasing companies, posted about 300 million lei (EUR68 million) aggregate profit in the first half, double the more

10.01.2014

Garanti Leasing, the financial leasing division of Garanti Romania, gave new financing of EUR36.2 million in the first half of the year, up 68% on the year, in a leasing market that rose 22% in the more

09.15.2014

Romanian investment fund Fondul Proprietatea (FP.RO) reported a net profit of 1.01 billion lei (EUR226.6 million) in August, down by RON6 million from the previous month but almost double from more

09.15.2014

Romanian insolvent power producer Hidroelectrica posted a gross profit of 719 million lei (EUR162.7 million) in the first eight months of 2014, up 12% on the year, due to 14.5% higher electricity more

09.11.2014

Romanian companies reported the lowest overall loss in the past six years, at EUR10.5 billion in 2013, while profit totaled EUR14.1 billion, according to Trade Registry data. The gap between profit more

09.09.2014

Unirea Shopping Center (SCDM.RO) had a turnover of RON37.16 million (EUR8.3 million) in the first half of the year, down 3% on the year, while its net profit halved, to RON1.94 million (EUR434,500). more

09.08.2014

Romania’s banking system posted an aggregated profit of 209 million lei (EUR47.5 million) in the first half, much lower than RON1.15 billion in the same period a year ago, as banks continued more